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Topic: Sumner M. Redstone

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Billionaire media mogul Sumner Redstone dies at 97

U.S. News // 3 years ago

Billionaire media mogul Sumner Redstone dies at 97

Sumner Redstone, who turned a family-owned chain of drive-in movie theaters into a major U.S. media empire, has died at the age of 97, his company said Wednesday.

TV // 1 decade ago

Sumner Redstone donates $20M to Motion Picture & Television Fund

The Sumner M. Redstone Charitable Foundation said Tuesday it has made a $20 million gift to Hollywood's Motion Picture & Television Fund Campaign.

Entertainment News // 1 decade ago

Most of Rather's CBS lawsuit tossed

A Supreme Court of the State of New York justice Thursday dismissed much of the breach-of-contract lawsuit Dan Rather filed against CBS and other defendants.

Business News // 1 decade ago

Former Viacom president dies

Former Viacom President Terrence A. Elkes has died due to a malfunctioning heart valve, his family announced. He was 73.

Business News // 1 decade ago

Viacom CEO resigns, Phil Dauman new leader

Tom Freston has resigned as chief executive of New York's Viacom Inc., the owner of MTV and Paramount Pictures.

Business News // 1 decade ago

Viacom head tilts towards split

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.

Business News // 1 decade ago

Viacom may become two companies

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

Outside View // 2 decades ago

Outside View: How low can cable go?

Sumner M. Redstone, the chairman and chief executive officer of the media giant Viacom, is not having a good month.

Business News // 2 decades ago

Viacom gets Comedy Central for $1.22B

Media giant Viacom Inc. said Tuesday that it is buying fellow media titan AOL Time Warner's remaining stake in Comedy Central for over $1.22 billion.

Business News // 2 decades ago

Executive Business Briefing

Here is a look at Wednesday's top business stories:

Quotes

I understand how people like them, entrepreneurs who built companies and are creative geniuses, want a hell of a lot of autonomy
DreamWorks, Viacom deal still not dreamy Jan 29, 2007

He was embarrassing the studio. And he was costing us a lot of money
Viacom head criticizes Tom Cruise Oct 31, 2006

We believe that this transaction will enable Viacom shareholders to fully benefit from the important gains we realized in building this company by unlocking our significant untapped potential and creating new leadership positions, maximize earnings growth and fully exploit our considerable strengths
Viacom to be split into two entities Jun 15, 2005

Jon has been a great executive, a great negotiator and a great friend
Dolgen resigns as Paramount chief Jun 02, 2004

Bringing one of the top cable networks brands fully into our family is a significant and important transaction both financially and creatively that will bring significant benefits to Viacom and its shareholders
Viacom gets Comedy Central for $1.22B Apr 22, 2003