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Sumner Redstone

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  • Media CEOs are the highest-paid American executives

    They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
  • Sumner Redstone to miss CBS shareholders meeting due to declining health

    Sumner Redstone to miss CBS shareholders meeting due to declining health
    CBS Chairman Sumner Redstone will not attend the company's annual shareholders meeting next week in New York because of his declining health. The billionaire, who controls both CBS and Viacom, lives in Beverly Hills. He turns 92 later this month and has...

    Redstone to miss CBS annual meeting as health concerns loom

    Amid concerns about his health, media mogul Sumner Redstone said Thursday that he's not attending the annual meeting of CBS Corp. next week. The 91-year-old also missed the meeting of Viacom Inc. in Florida in March for the first time. Redstone is...

    CBS 1Q profit tops estimates; Redstone reacts to reports

    CBS reported solid first-quarter results on Thursday, and the company's company 91-year-old chairman, Sumner Redstone, said he has no retirement or succession plans. Redstone's National Amusements Inc. is the controlling shareholder in both CBS Corp. and...

    Sumner Redstone says Viacom, CBS succession not decided

    Sumner Redstone says Viacom, CBS succession not decided
    Succession at two huge media companies -- Viacom and CBS -- has long been a topic of curiosity, particularly as the health of the companies' chairman, Sumner Redstone, has declined in recent years. Redstone turns 92 later this month. Although he...