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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
  • CBS profit falls 7% in 2nd quarter with softer advertising sales

    Broadcasting giant CBS Corp. reported 7% lower second-quarter profit due to softer advertising sales, including at its marquee CBS broadcast network, and lower program licensing fees. For the quarter ended June 30, CBS reported net income of $439...
  • Home of the Day: The Redstone Property in Rancho Mirage

    Home of the Day: The Redstone Property in Rancho Mirage
    Grooved surfaces and floor-to-ceiling glass form the fabric of this angular compound set on more than 1 1/2  acres on the outskirts of Palm Springs in Rancho Mirage. Owned by Madeline Redstone, sister-in-law to media magnate Sumner Redstone, the...
  • 'Teenage Mutant Ninja Turtles' Director: Megan Fox 'Brought a Lot of Herself to the Role'

    It was all about the cowabungas and pizza at the premiere of "Teenage Mutant Ninja Turtles" at the Regency Village Theater in Los Angles on Sunday. Star Will Arnett said growing up it was his little brother who was more of a fan of the turtles. "I was...
  • Paramount's thin film slate puts drag on Viacom profit

    Viacom is hoping some muscular turtles can stomp out the doldrums at its Paramount Pictures movie studio. Paramount this week releases the "Teenage Mutant Ninja Turtles" movie, which comes on the heels of the studio's summer blockbuster, "Transformers:...
  • Despite Fox-Time Warner Talks, Media M&A Frenzy Might Not Be Brewing

    Word that Time Warner nixed 21st Century Fox's $80 billion takeover offer spurred many Wall Street analysts and pundits to speculate that the media and entertainment biz is on the cusp of a crazy wave of consolidation. Conventional wisdom is that there's...
  • 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

    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...
  • Aereo loses in Supreme Court; Sumner Redstone's female problems

    Aereo loses in Supreme Court; Sumner Redstone's female problems
    After the coffee. Before going into Aereo withdrawal. The Skinny: I watched the first episode of HBO's "The Leftovers." I'm intrigued but need to see one or two more episodes to determine whether I'll get hooked. Thursday's roundup includes all the...
  • Media analyst makes case for 21st Century Fox-Time Warner deal

    Media analyst makes case for 21st Century Fox-Time Warner deal
    Could archenemies Fox News and CNN one day be brothers? Sounds crazy but a new report by media analyst Tony Wible of Janney Capital Markets suggests that a merger between media giants 21st Century Fox and Time Warner makes a lot of sense. "However...
  • '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...