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Sumner Redstone

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  • CBS CEO Leslie Moonves received $57 million in 2014

    CBS CEO Leslie Moonves received $57 million in 2014
    CBS Corp. Chief Executive Leslie Moonves remains one of the most generously compensated executives in corporate America.
  • Viacom restructuring includes $785-million write-down

    Viacom restructuring includes $785-million write-down
    Viacom Inc. has completed its companywide restructuring, which included hundreds of job cuts and a pre-tax accounting charge of $785 million. The media company has been roughed up during the last year. Its premier television networks, including MTV...

    Viacom agrees to pay up to $7.2 million to settle intern lawsuit

    Viacom agrees to pay up to $7.2 million to settle intern lawsuit
    Media giant Viacom has agreed to settle a lawsuit brought by former interns who demanded to be paid for their time at Viacom's television networks, including MTV and BET. The 2013 lawsuit alleged that Viacom's unpaid internship program was a violation...

    Sumner Redstone isn't heard from during Viacom earnings call

    Sumner Redstone isn't heard from during Viacom earnings call
    Billionaire Sumner Redstone, in declining health, did not participate in Viacom Inc.'s earnings call with Wall Street analysts on Thursday. Viacom's quarterly conference calls for years have typically opened with Redstone giving a brief but upbeat...

    Viacom extends CEO Philippe Dauman's contract through 2018

    Viacom extends CEO Philippe Dauman's contract through 2018
    Viacom's Chief Executive Philippe Dauman has buttoned up his employment deal through the end of 2018. Viacom said Thursday that it has extended by two years Dauman's contract, which previously was scheduled to expire Dec. 31, 2016. The New York-...