LOS ANGELES, April 30 (UPI) -- Sumner Redstone, the executive chairman of Viacom and CBS, said he thinks Jay Leno's upcoming NBC prime time chat show will fail.
NEW YORK, Feb. 28 (UPI) -- The U.S. media group National Amusements says it has reached an agreement allowing it to restructure $1.6 billion in debt.
NEW YORK, Oct. 19 (UPI) -- U.S. theater chain owner Sumner Redstone is dumping his non-voting stake in Viacom and CBS Corp., analysts say.
NEW YORK, July 19 (UPI) -- A major dispute reportedly has erupted between Viacom Chairman Sumner Redstone and his daughter, board member and heir apparent Shari Redstone.
LOS ANGELES, Aug. 25 (UPI) -- The wife of Viacom Chairman Sumner Redstone reportedly played a role in the actor's firing from Paramount Pictures this week, it was reported.
NEW YORK, June 15 (UPI) -- U.S. media conglomerate Viacom will be divided into two companies, CBS Corp. and Viacom Inc., to boost shareholder returns.
NEW YORK, May 27 (UPI) -- The head of Viacom Inc. says a decision on whether to divide the U.S. entertainment giant will be made by the end of next month.
NEW YORK, March 17 (UPI) -- Media giant Viacom, owner of CBS, may break into two public companies to help resolve its succession issue, the New York Times reported Thursday. The plan also would unravel years of empire building by Chief Executive Officer Sumner M. Redstone, the Times