Mail Online
| 1/8/2019
| Megan Sheets For Dailymail.com
Media mogul Sumner Redstone and his family have agreed to a settlement with Manuela Herzer, the ex-girlfriend he previously accused of stealing $75million from him.
Mail Online
| 12/17/2018
| Ariel Zilber For Dailymail.com
Sumner Redstone, the controlling shareholder of CBS and Viacom, has been ordered placed under court-appointed guardianship because of his difficulty speaking. The 95-year-old media mogul will be...
Bob Bakish’s entre to Viacom came in the early 1990s when the company’s future CEO was hired as a consultant by what was then Paramount Communications to help restructure its Madison Square Garden...
(Reuters) – CBS Corp CEO Leslie Moonves resigned from the company, the company said on Sunday, amid fresh allegations of sexual assault and harassment. CBS also announced a deal to end litigation...
NEW YORK (Reuters) – A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp , can be reviewed in the U.S. broadcast and media company’s legal...
Once again, the health of Sumner Redstone is at the center of a bitterly fought lawsuit. But unlike when the 95-year-old media mogul’s companions and family were up in arms over his succession...
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Virgil "Gus" Grissom was one of NASA's original Mercury 7 astronauts. He became the second American to go to space on July 21, 1961. In this official NASA photo...
SUN VALLEY, Idaho — The black and silver SUVs packed with CEOs started rolling in about noon. Allen & Co.’s annual gathering of media and tech titans at the Sun Valley Lodge resort here brings...
On the sidelines of the Super Bowl last year, Shari Redstone had a run-in with a CBS Corp. director that left her wanting him removed from the board of the broadcasting giant her family controls.
Mail Online
| 5/30/2018
| Jessica Finn For Dailymail.com
Tense closed door meetings between senior executives at CBS and Viacom allegedly turned physical with media heiress Shari Redstone claiming her face was grabbed by CBS director Charles Gifford.
CBS spelled out the details of the bylaw changes that have become a flashpoint in a court battle pitting the media company against its controlling shareholder, Shari Redstone.
“These actions and threats by Defendants are disloyal, inequitable, and not entirely fair,” stated the injunction seeking amended complaint filed Wednesday in Delaware by the Les Moonves run media...
CBS is preparing to challenge a change in the company’s bylaws that would nullify last week’s board vote to diminish the power of its controlling shareholder, Shari Redstone’s National Amusements.
The board of CBS Corp. voted 11-3 on Thursday to dilute the voting power of Shari Redstone, in a striking rebuke to the company’s controlling shareholder. The dilution — which some have termed the...
(Reuters) - CBS Corp’s (CBS.N) board on Thursday approved a special dividend that would cut controlling shareholder Shari Redstone’s stake in the U.S. media company to about 20 percent, a move that...
UPDATED WITH REDSTONE ATTENDANCE INFO: Rallying this week as the company sought to assert its independence over its controlling shareholder, CBS’ stock tumbled back to earth today after a Delaware...
Wall Street is watching the legal tug-of-war between CBS Corp. and controlling shareholder Shari Redstone with a mix of amazement and concern about the potential for long-term damage to CBS’...
A Delaware Chancery Court judge put a brief pause Wednesday on the legal battle between CBS and Shari Redstone. Following a hearing, Chancellor Andre Bouchard promised to issue a ruling before a...
Shari Redstone fired back at CBS Corp., moving to block the media company’s efforts to strip her family of voting control. In a power move to protect its position as the media giant’s controlling...
CBS late-night hosts Stephen Colbert and James Corden yukked it up at the network’s upfront presentation in New York on Wednesday. Colbert kicked things off with a barrage of Donald Trump jokes, as...
The struggle over the future of CBS Corp. took a new twist Wednesday as the holding company for controlling shareholder Shari Redstone said it revised the bylaws of the media group, a move aimed at...
Les Moonves lives to fight Shari Redstone for another day as a Delaware judge just granted a protective order on CBS’ motion of May 14 for a temporary restraining order to stop National Amusement...
The spectacle of a corporate board openly revolting against the company’s controlling shareholder is rare, but not unprecedented. CBS’s independent directors sought a restraining order against Shari...
Shari Redstone has backed off her demands for Viacom CEO Bob Bakish to serve as No. 2 in a merged CBS-Viacom, according to Reuters. The media mogul, whose family holds controlling interest in both...
Leslie Moonves is open to merging CBS and Viacom — on his terms — but Shari Redstone, eager for power, may be ready to sacrifice Hollywood's most celebrated exec to chart her own path.
NEW YORK (Reuters) – As she seeks to combine CBS Corp and Viacom Inc into a single company, media mogul Shari Redstone risks losing her most talented executive, whose leadership could be critical to...
The mogul faces a delicate negotiation with CBS CEO Leslie Moonves, who wants to be at the helm of the united company. It's a scenario that would have been unthinkable a year ago: a Viacom-CBS...
(Reuters) – Shari Redstone has discussed adding new directors to the board of CBS Corp as she renews her push to merge the company with Viacom Inc, The Wall Street Journal reported Wednesday.
Shari Redstone is advocating for new blood on the board of CBS Corp. as she renews her push to merge the company with Viacom Inc., according to people familiar with...
Mail Online
| 10/26/2017
| Valerie Edwards;Karen Ruiz For Dailymail.com
Sumner Redstone's ex-girlfriend will not be moving into the billionaire's $3.75 million apartment he promised her upon his death. Justice Erika Edwards ruled Wednesday that Manuela Herzer, 54, 'has...
Sumner Redstone’s former companion has sued his daughter and grandson for more than $100 million, alleging they effectively ran a criminal enterprise to illegally spy on her and oust her...
CBS just turned Sumner Redstone’s former board seat over to Robert Klieger — the lawyer who defended the mogul last year in his battle to oust former Viacom CEO Philippe Dauman — the company says in...
Mail Online
| 7/26/2017
| Jill Ishkanian For Dailymail.com
Sumner Redstone's wealthy ex-girlfriend Sydney Holland is quietly maneuvering her way on to Bravo's Real Housewives of Beverly Hills by putting her Mulholland Estates home up for sale in a 'pocket...
Mail Online
| 6/27/2017
| Karen Ruiz For Dailymail.com
Sumner Redstone's multimillion-dollar elder abuse lawsuit has taken a nasty turn after his nurse blasted the mogul's ex-girlfriend saying she is to blame for being cast out of the billionaire's life.
A Tuesday morning lockdown at Redstone Arsenal in Alabama was lifted after a “possible active shooter” alert, but movements inside the Army military facility are still limited as an investigation...
Reports emerged Tuesday morning of a possible “active shooter situation” at the Redstone Arsenal near Huntsville, Alabama. The situation had authorities issuing an order for everyone to “run, hide,...
A U.S. Army post in Huntsville, Alabama, is on lockdown for a possible active shooter. "Possible active shooter on the Arsenal. Installation is locked down. Run hide fight," Redstone Arsenal posted...
After avoiding being part of the long on-going court spectacle of Sumner Redstone and his former companions, Les Moonves today has been put in the subpoena spotlight of sorts.
On May 5, 1961, NASA launched the Mercury Redstone 3 rocket to make Alan Shepard the first American in space on the historic Freedom 7 mission. See some amazing...
Before Shari Redstone and Bob Bakish made their way to the the stage through a cloud of their employees’ pot smoke, Snoop Dogg warmed up the crowd for them. “Go ahead baby girl, get you sip of that...
“A big part of our future is integrating Paramount better into the company and connecting it more to the work we do across media brands,” said Viacom President and CEO Bob Bakish to employees at the...
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Sumner Redstone will step down from the Viacom board of directors in February after the company holds its annual meeting, Viacom said Friday. The move marks another milestone for the company that...
Mail Online
| 5/19/2014
| Chris Spargo For Dailymail.com
Explosive new court documents filed by Sumner Redstone's ex in response to his elder abuse suit against the woman claim that the 93-year-old paid out over $70million to women who 'did nothing more...
Sex-crazed, free-spending billionaire media mogul Sumner Redstone once gave $18 million to a flight attendant on the CBS corporate jet — then slept with her sister and doled out another $6 million...
Media mogul Sumner Redstone's National Amusements is abandoning a proposal that CBS and Viacom reunite after a 10 year split. The news comes as Viacom named acting CEO Bob Bakish as its permanent...
(Reuters) – Shari Redstone, vice chair of Viacom Inc and the daughter of controlling shareholder Sumner Redstone, has withdrawn her support for a merger between CBS Corp and Viacom, CNBC reported on...
Dec 12 (Reuters) - Shari Redstone, vice chair of Viacom Inc and the daughter of controlling shareholder Sumner Redstone, has withdrawn her support for a merger between CBS Corp and Viacom, CNBC...
Billionaire Sumner Redstone is trying to cut another tie with a former girlfriend who sparked a legal brawl over the media mogul’s mental capacity. After kicking Manuela Herzer out of his California...