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Sumner Redstone News and Gossip

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Latest Sumner Redstone Gossip and News (Page 21) 315 of (397)
The hottest Sumner Redstone gossip flowing through cyberspace.
Viacom Call: Dauman: 'increasingly Challenging Economic Environment'; Ad Market Hard To PredictViacom Call: Dauman: 'increasingly Challenging Economic Environment'; Ad Market Hard To Predict
After standing above its peers for so long, Viacom has come back to earth in 2008, with its share now sitting close to its 52-week low. Kicking off the call, Chairman Sumner Redstone acknowledged the frustration of shareholders, stating that media wa...
Tue July 29, 2008, 1:34 pm
At 85, Sumner Redstone Is Still Going StrongAt 85, Sumner Redstone Is Still Going Strong
Sumner Redstone has done more in the two decades since he turned 65 than most people do in a lifetime.  And the Chairman of CBS and Viacom says he  has no plans to step down....
Mon July 21, 2008, 9:59 am
Cbs - Redstone Renews Dispute With DaughterCbs - Redstone Renews Dispute With Daughter
Viacom Chairman Sumner Redstone, who has had a volatile relationship with many of the executives who have worked with him, has reignited a dispute with his daughter Shari, the ......
Thu July 17, 2008, 2:37 am
Sumner Redstone Says Daughter To Leave Board: ReportSumner Redstone Says Daughter To Leave Board: Report
Sumner Redstone, chairman of media company Viacom and broadcaster CBS, said his daughter Shari was no longer heir-apparent to his conglomerate and she would leave its board as part of a deal he reached with her, The New York Times reported on its web...
Wed July 9, 2008, 11:49 pm
Norman Horowitz: Dalton Trumbo, George Bush, Harry Cohn And Sumner RedstoneNorman Horowitz: Dalton Trumbo, George Bush, Harry Cohn And Sumner Redstone
I went to see the movie "Trumbo" the other nighti**poke eloquently to me about the life and times of Screenwriter Dalton Trumbo.......
Sat July 5, 2008, 6:31 am
What?s Next For Viacom And Cbs?What?s Next For Viacom And Cbs?
Sumner Redstone seems to be in a pickle. The octogenarian billionaire has watched the value of his Viacom media empire sink since he decided to spin off CBS in 2006. The break-up was supposed to create value, but it appears to have had the opposite e...
Mon June 30, 2008, 10:21 am
Redstone's Next MoveRedstone's Next Move
The drama around the possible defection from Paramount of the cinematic powerhouses behind DreamWorks is headline-grabbing - buti** only a distraction from what must really be driving Sumner Redstone crazy: In tough times for media giants, Viacom a...
Mon June 30, 2008, 4:46 am
Cbs Buys 78% Of Cnet Networks Through Tender OfferCbs Buys 78% Of Cnet Networks Through Tender Offer
CBS, the broadcaster controlled by billionaire Sumner Redstone, acquired about 78 percent of CNet Networks through a tender offer after the companies agreed to a $1.8 billion takeover in May....
Tue June 24, 2008, 8:34 am
As Viacom Falls, Analysts Question Company's Entire Premise, Rethink The SplitAs Viacom Falls, Analysts Question Company's Entire Premise, Rethink The Split
The deep slide of Viacom (NYSE: VIA) stock says a lot about how fast Wall St. can turn on a company. Last week, we wrote about Rich Greenfield's analysis, calling for Sumner Redstone to take the company private via leveraged buyout. And this weekend,...
Mon June 23, 2008, 12:33 pm
Pali Analyst To Redstone: Take Viacom PrivatePali Analyst To Redstone: Take Viacom Private
Pali Research media analyst Rich Greenfield called for Viacom chairman Sumner Redstone to take the media giant private last week, claiming the mogul could pay a 17% premium to the company's current stock price and still meet or exceed its free-cash-f...
Sun June 22, 2008, 5:38 am
Redstone Denies Date With ExRedstone Denies Date With Ex
Elderly movie studio boss sumner redstone has laughed off rumours he is cheating on his wife after he was spotted at a new york restaurant with his ex-girlfriend....
Wed June 11, 2008, 8:44 am
Viacom Chairman Sumner Redstone Sells 490,739 Shares Of Class B Common Stock Back To CompanyViacom Chairman Sumner Redstone Sells 490,739 Shares Of Class B Common Stock Back To Company
WASHINGTON (AP) - Viacom Inc. Chairman Sumner Redstone sold 490,739 shares of common stock back to the media conglomerate for about $18.8 million, according to a Securities and Exchange Commission filing....
Wed June 11, 2008, 7:53 am
Chance MeetingChance Meeting
IT wasn't how it looked, according to Sumner Redstone . The billionaire boss of Viacom and CBS was spotted at Ruth's Chris Steak House recently with his ex-girlfriend, Manuela Herzer. "It was just an accidental meeting," Redstone, 85, told Page Six.....
Wed June 11, 2008, 12:51 am
Redstone Rebuffs Cbs-viacom RunionRedstone Rebuffs Cbs-viacom Runion
NEW YORK CBS Corp. chairman and controlling shareholder Sumner Redstone said Thursday that the company never would be reunited with sibling Viacom, which he also controls....
Sat May 24, 2008, 4:18 am
Cbs - Viacom-cbs Divorce Permanent Says RedstoneCbs - Viacom-cbs Divorce Permanent Says Redstone
Sumner Redstone insisted Thursday that Viacom and CBS, the two companies that he heads, will never be reunited. Redstone, speaking at CBS's annual shareholders meeting in ......
Fri May 23, 2008, 9:14 am
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