Viacom Acquires Minority Stake in Israeli TV Company Ananey
Viacom International Media Networks (VIMN), a Viacom, unit has acquired a minority stake in Ananey Communications Group, an Israeli pay TV channel provider and content producer. Financial terms and the size 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...
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...
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...
‘The Real Housewives of Beverly Hills’ May Add media Mogul Sumner Redstone’s Ex Sydney Holland for Season 7
Viacom-CBS mogul Sumner Redstone’s ex-girlfriend Sydney Holland has pitched herself to join the cast of Bravo series The Real Housewives of Beverly Hills season 7, sources tell The Hollywood More...
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...
A judge dismissed the competency lawsuit brought against billionaire Sumner Redstone
A judge dismissed a case Monday challenging the mental competency of media mogul Sumner Redstone. Redstone’s ex-girlfriend and former caretaker filed a petition in Los Angeles County Superior Court More...
Sumner Redstone Opposes Sale of Paramount Stake: Report
Sumner Redstone has expressed his opposition to Viacom’s plan to sell a minority stake in Paramount Pictures to help revive the studio’s fortunes, according to a report by the Wall Street Journal. WSJ More...