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Sumner Redstone

A collection of news and information related to Sumner Redstone published by this site and its partners.

Top Sumner Redstone Articles

Displaying items 12-22
  • Leslie Moonves Talks Up Showtime's Growth, Praises Versatile David Nevins

    Showtime has defied cable TV gravity during the past decade by posting double-digital annual growth in earnings and revenue. CBS Corp.'s cluster of Showtime channels are on track to deliver nearly $1 billion in earnings this year. If that weren't...
  • North Beverly Park Delivers Bargains for Billionaires

    Though it's but four miles and a 10-minute drive from the showy hubbub of Rodeo Drive up to the guarded gatehouse of North Beverly Park, the much ballyhooed and occasionally maligned development of train-station-sized Neo-Tuscan villas and downright...
  • Showbiz CEO Pay Breakdown: Sumner Redstone, Leslie Moonves Top the List

    Poor Rupert Murdoch. Before last week's disclosure of his new salary, he was making only a measly $28.9 million -- not even enough to crack the top 10. But now that he has split his empire, Murdoch is collecting two different salaries, like reigning...
  • Hollywood & 7th Avenue: A Rocky Love Affair

    For the last decade, celebrities have regularly replaced models on the covers of the style-centric monthlies. But Vogue's decision to feature three models on its September cover -- the fashion bible's most important issue of the year -- signals there's...
  • Viacom buys Britain's Channel 5 Broadcasting for $760 million

    Viacom buys Britain's Channel 5 Broadcasting for $760 million
    Media company Viacom Inc. has significantly expanded its international footprint by buying television outlet Channel 5 Broadcasting in Britain. Viacom, which owns cable channels MTV, Nickelodeon and Comedy Central, on Thursday said it has agreed to...
  • Viacom to pay $760 million for British TV outlet

    Viacom to pay $760 million for British TV outlet
    Cable television giant Viacom Inc. is spending nearly $760 million to buy Britain's popular Channel 5 Broadcasting service. The acquisition, announced Thursday, catapults the New York media company into a rare league. It would become owner of a public...
  • CBS' Leslie Moonves paid $67 million in 2013; Redstone gets $57 million

    CBS' Leslie Moonves paid $67 million in 2013; Redstone gets $57 million
    CBS Corp. Chief Executive Leslie Moonves remains the king of media compensation. The 64-year-old television executive and Beverly Hills resident was awarded a $66.9-million compensation package last year, according to a Securities and Exchange...
  • CBS chief Leslie Moonves' pay was $66.9 million in 2013

    CBS has "The Big Bang Theory" and its boss has an astronomical paycheck. Leslie Moonves, the network's chief executive, was awarded a $66.9-million compensation package last year, according to a Securities and Exchange Commission filing Friday. That was...
  • 'X-Men' cleans up. Tennis Channel goes over the top.

    'X-Men' cleans up. Tennis Channel goes over the top.
    After the coffee. Before getting back into work mode. The Skinny: I know its sacrilege to ever have a bad thought about "Mad Men" so I'll only say I'm glad "The Sopranos" never did a song-and-dance number with Tony. Today's roundup includes the Memorial...
  • Offbeat Bill Murray Comedy 'Rock the Kasbah' Seeks Love From Cannes

    Is the world ready for a comedy about Kabul? Will audiences empathize with a broke Bill Murray bar-hopping amid the wartime chaos of Afghanistan? Certainly "Rock the Kasbah," being shopped at Cannes this week (it starts shooting June 2), contrasts...
  • The M&A Wars Seem Tame Without Sumner Redstone's Raids

    MEMO TO SUMNER REDSTONE: Where are you when we need you, Sumner? You used to thrive in this sort of chaotic media environment, with takeover rumors rampant and harried bankers shuttling between meetings. But you've let Rupert Murdoch, your longtime...