Tag archive for ‘CBS corp’
Niva Goldberg On Tuesday, June 7th, 2016

Viacom CEO calls for ‘immediate medical examination’ of Sumner Redstone

  Lawyers for wyers for Viacom Chief Executive Philippe Dauman as well as Viacom board member George Abrams, assert in new court papers that ailing Sumner Redstone should submit to an “immediate medical More...

Ilan Shavit On Sunday, May 22nd, 2016

Sumner Redstone Ousts Viacom CEO from Trust That Will Control Viacom and CBS

  Sumner Redstone still has the power left in him which he appears to be using it to benefit his daughter, Shari in a developing power struggle over her father’s $40 billion media empire. The 92-year-old More...

News Brief On Sunday, May 8th, 2016

Sumner Redstone says his former girlfriends received $150 million from him

  New court documents reveal that Sumner Redstone’s former girlfriends received $150 million from him over a five-year period. According to a trial brief filed by Redstone’s attorneys in the case More...

Gali Raz On Wednesday, February 10th, 2016

Sumner Redstone’s Ex-Girlfriend Was Set to Inherit $50 Million and His House

  Sumner Redstone, in new court documents, stated he had planned to leave his former girlfriend, Manuela Herzer, $50 million and his Beverly Park mansion when he died —  but that four months More...

News On Thursday, February 4th, 2016

Sumner Redstone resigns as CBS executive chairman, replaced by Leslie Moonves

  CBS executive chairman Sumner Redstone is resigning and network President & CEO Les Moonves being named the new chairman. Shari  Redstone will continue with her duties as vice-chair, while the More...

Jewish Business News On Thursday, January 21st, 2016

Sumner Redstone’s Viacom compensation falls; CEO Dauman hauls in $36.9 million

  The 92-year-old Viacom Inc. Executive Chairman Sumner Redstone was paid $2 million in salary in 2015 fiscal year, according to a company filing Wednesday with the Securities and Exchange Commission. Viacom More...

Jewish Business News On Thursday, January 14th, 2016

Viacom CEO Serves as Health Care Proxy for Boss

  Although it is highly unusual for one to serve as health care proxy for one’s boss, that is exactly what will occur in the case of 92-year-old Sumner Redstone, the executive chairman of Viacom Inc. Redstone More...

News Brief On Tuesday, January 5th, 2016

Viacom CEO Philippe Dauman To Be Subpoened; Sumner Redstone Reps Seek Dismissal In Health Care Lawsuit

    The legal battle over Sumner Redstone has taken two new directions — one expected, and one much less so. In a move promised last month, Attorneys for Sumner Redstone today filed a motion More...

News Brief On Monday, December 21st, 2015

New Chapter in Redstone Media Empire Saga

Late last year, Shari Redstone had a chance to cash out of her family’s media empire. Her father, 92-year-old Sumner Redstone, offered her a deal worth $1 billion for her 20% stake in National Amusements More...

News Brief On Thursday, December 3rd, 2015

Top investors question whether Viacom’s Redstone should step down

Two of the largest shareholders in Viacom Inc have made the highly unusual move of publicly questioning Sumner Redstone’s mental fitness to remain executive chairman of the multi-billion dollar media company. Mario More...

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