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17 Apr 2009, 10:51 am
At the request of Shari Redstone, Sumner Redstone's daughter and chair of Midway's board, National Amusements Inc. lent the video game publishers over $90 million. [read post]
20 Mar 2009, 8:20 am
Sumner Redstone,  actually PROMOTED CNBC in a television ad? [read post]
17 Mar 2009, 3:51 pm
For example, when Sumner Redstone and Viacom owned Blockbuster Inc., Viacom controlled the producer and distributor/exhibitor roles, and the consolidation of power benefited the company financially because stores could stock more Viacom-related films (Paramount Pictures, DreamWorks, MTV Films, et al.). [read post]
13 Feb 2009, 4:16 am
Sumner Redstone said Thursday that negotiations were advancing with creditors to restructure $1.6 billion of debt from National Amusements, a holding company that owns cinema chains and his controlling stakes in Viacom and CBS. [read post]
10 Jan 2009, 11:35 am
All of the key players in the story seemed to have had them: Sumner Redstone, Viacom’s chairman, was willing to pay almost any price to own a film studio; Barry Diller, QVC’s chief executive, was willing to go to great lengths to get back at Martin Davis, Paramount’s chief executive, for pushing him out of Paramount; and Martin Davis was willing to leave a lot of money on the table and cede control of his empire to stop Barry Diller. [read post]
30 Oct 2008, 5:29 am
The article points to the case of Summer Redstone to illustrate this point: Sumner Redstone filed for divorce on Oct. 17, when his more than 16 million Viacom shares were at $18.85, down from $39.40 six months ago; his CBS shares had dropped about $288 million in value in the same period. . . [read post]
22 Oct 2008, 7:13 pm
Media magnate Sumner Redstone has filed for divorce from his wife of 5 years, Paula Fortunato, citing irreconcilable differences. [read post]
16 Oct 2008, 3:05 pm
Lester joins Viacom (VIA) Chairman Sumner Redstone and Scholastic (SCHL) Chairman and CEO Richard Robinson who also disclosed having to sell shares. [read post]
29 Aug 2008, 7:00 pm
Maybe they should try garlic to battle with Viacom and Sumner Redstone [Law.com] * Wait, pole-dancing isn't exercise but beach volleyball is an Olympic sport? [read post]
30 Jun 2008, 5:17 pm
Sumner Redstone, the octogenarian billionaire, has watched the value of his Viacom media empire sink since he decided to spin off CBS in 2006. [read post]
7 May 2008, 2:56 pm
And Sumner Redstone's other media company -- CBS -- seems quite happy with YouTube. [read post]
6 May 2008, 9:10 am
Internet service providers, Web site operators, and manufacturers of devices that are used by some to pirate content should play a part in stamping out that piracy, Sumner Redstone, chairman and controlling shareholder of both Viacom and CBS, said. [read post]
19 Mar 2008, 7:53 pm
Under QVC, the challenged transaction would have resulted in a shift of control to Sumner Redstone, so that deal was subject to Revlon. [read post]
29 Jan 2008, 7:47 am
Nor would it surprise business leaders such as Alan Greenspan, Warren Buffett, and Sumner Redstone. [read post]
2 Oct 2007, 5:06 am
Since the public blow-up in July between Sumner Redstone and his daughter Shari Redstone over corporate governance and succession issues at their family-controlled entertainment empire, the 84-year-old chairman of Viacom and CBS Corp. has been on a campaign to convince the world that the feud has blown over. [read post]