Sumner Redstone Is Stepping Down From Viacom Board
Sumner Redstone announced that he will be stepping down from Viacom’s board of directors. The move will come after the entertainment’ company’s upcoming board meeting in February. His More...
Sumner Redstone Gal Pal Sydney Holland Wants Millions More
Getting more than $100 million from Sumner Redstone was apparently not enough for Sydney Holland. Now the 93 year old businessman’s former lover is suing him for financial support claiming that More...
Breaking: Sumner Redstone Pulls CBS Viacom Merger Proposal — Shares Plummet
Sumner Redstone and his daughter Shari Redstone have made the surprise move to halt the proposed merger of Viacom and CBS. The two entertainment companies are both controlled by the Redstones’ privately More...
Viacom Stumbles and Shari Redstone Rises
Viacom is hurting, but its former chair’s daughter Shari Redstone is soaring. It’s owner Sumner Redstone is not the only one having troubles these days as Viacom had a terrible fiscal year More...
Sumner Redstone Cancels Deposition In His Own Suit Due to Medical Problems
Sumner Redstone, the 93 year old titan of the entertainment and media industries, was forced to cancel his own deposition in a civil suit due to medical concerns. The law suit in question was brought by More...
Philippe Dauman’s $72 Million Settlement Deal for walking out the door
On September 13th Viacom‘s CEO Philippe Dauman will leave the company which he has led for the past 10 years. To soften the blow he bows out with a severance package estimated to be worth More...
Viacom power struggle ends with Redstone remaining leader, CEO agreeing to exit
Viacom and 93-year-old controlling shareholder Sumner Redstone have come to an agreement on Friday with Redstone remaining atop his Media giant with Dauman, 62, remaining non-executive chairman until More...
Sumner Redstone’s Ex Will Appeal Health Care Case After Being Denied New Trial
“We will appeal, ” said the lead lawyer for Sumner Redstone’s former companion today after a judge denied Manuela Herzer a new trial over the 93-year old’s heath care directive. Greenberg Glusker Fields More...
Ex-Redstone Companion Seeks New Competency Trial
Manuela Herzer, the former girlfriend and live-in companion of media billionaire Sumner Redstone is seeking a new trial to show he’s mentally not competent to make health care and legal decisions More...
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...