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Viacom Inc. said the compensation of Executive Chairman Sumner Redstone fell 85% in fiscal 2015, as the media company faces concerns on Wall Street about the slump in its shares and the ailing ...
Sumner Redstone, the ailing 92-year-old media mogul who owns a controlling stake in Viacom Inc., has removed two business associates, including Viacom CEO Philippe Dauman, from his trust ...
A Manhattan judge said Viacom CEO Philippe Dauman must submit to a legal grilling about the health and mental capacity of the company’s former chairman, 92-year-old Viacom founder Sumner Redstone.
Viacom Chief Executive Philippe Dauman and the media conglomerate’s owners, Sumner and Shari Redstone, have restarted negotiations aimed at ending a months-long feud over who will control large ...
SUMNER REDSTONE’S VIACOM is getting tight with the powerful mogul’s personal investment – Midway Games. Viacom’s movie studio, Paramount Pictures, has acquired the worldwide film rights to ...
Viacom’s controlling shareholders Sumner Redstone and Shari Redstone came out on top in a months-long legal battle to oust Chief Executive Officer Philippe Dauman, reaching a settlement that ...
His distinctive red hair was white, and he struggled to speak and to walk, but he was too proud to be seen using a wheelchair. When Viacom’s fortunes faltered, the stock price terminal was ...
Viacom Inc. and Sumner Redstone’s National Amusements Inc. are back in deep talks toward a settlement that would end their litigation, reshape the company’s board, and lead to the exit of ...
Media conglomerate Viacom on Monday said that it will cut in half Executive Chairman Sumner Redstone’s salary and cash bonus compensation to about $4.5 million annually amid criticism that he ...
In ousting Tom Freston, Viacom mogul Sumner Redstone may have been driven by more than just lost faith in the longtime exec who successfully expanded cable's MTV into a global juggernaut.
“Red Ventures believes in the power of premium ... CBS, prior to being combined with Viacom, originally acquired CNET and related sites in 2008 for $1.8 billion. CNET was at the time a veritable ...
This article was updated at 9:46 p.m. NEW YORK — A hefty writedown at Blockbuster knocked Viacom into the red last quarter despite a strong perf at those true-blue cable nets and strides at ...
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