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Sumner Redstone

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  • 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.
  • 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-...

    CBS extends CEO Leslie Moonves' contract to 2019

    CBS extends CEO Leslie Moonves' contract to 2019
    Leslie Moonves, chief executive of CBS Corp., plans to stay in the job at least through June 2019. CBS' corporate board on Thursday said that it has extended Moonves' employment agreement for two more years. His stewardship had been scheduled to end...

    Viacom signs 12-year lease at Columbia Square in Hollywood

    Viacom signs 12-year lease at Columbia Square in Hollywood
    The campus that was once the legendary Hollywood headquarters for CBS will become home to a new generation of popular broadcasters. Cable television networks MTV, Comedy Central, BET and Spike TV will consolidate in a new building at Columbia Square,...