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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 34-44
  • A Sony entertainment spinoff would provide opening for CBS

    New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a letter...
  • Philanthropy: The New Hollywood Brand

    The charity banquet season hits its peak at this time of year, and the crowded ballrooms remind us that there are people in town who worry less about making money than giving it away. They have reason to worry; philanthropy has become a perilous and...
  • CBS' quarterly revenue tops $4 billion; profit up 22%

    CBS' quarterly revenue tops $4 billion; profit up 22%
    The lights didn't go out on CBS Corp. during the first quarter. The Super Bowl -- which was marred by a third-quarter power outage that dimmed the lights in the New Orleans Superdome -- helped the broadcasting giant rake in more than $4 billion in...
  • Sumner Redstone faces IRS heat for delinquent 1972 tax bill

    Sumner Redstone faces IRS heat for delinquent 1972 tax bill
    Viacom Inc. and CBS Corp. Chairman Sumner Redstone may be a billionaire, but according to the U.S. Internal Revenue Service he’s also a tax deliquent. Emphasis on the word delinquent. According to a U.S. tax court filing, first obtained by...
  • NBC's Harbert adds to duties. Lights-out quarter for CBS.

    After the coffee. Before trying to find a hardware store. The Skinny: It was a tough choice but I decided to go with the season finale of FX's "The Americans" last night instead of ABC's "Nashville," which I recorded for later. Let this be a lesson to...
  • Worries linger about Nickelodeon's ratings slump

     
    Wall Street analysts are concerned about the drop in ratings at Viacom's Nickelodeon network. Some worry that streaming services are siphoning viewers from TV....
  • Fading to black -- Hollywood's cuckoo clocks and Blockbuster stores

     
    You know the old saying, "Even a stopped clock is right twice a day." Not in Hollywood. The city's $86,000 electronic clocks on the water tower at I-95 and Sheridan Street are completely kaput again, the latest in a never-ending......
  • CBS will break financial records in 2012, Leslie Moonves predicts

     
    CBS executive Les Moonves told Wall Street investors that 2012 will be a record-breaking year financially...
  • Viacom profit up 56%, boosted by higher cable fees

     
    Viacom second quarter earnings, released Thursday, were up 56%. Revenue was up 2% to $3.33 billion....
  • Sumner Redstone at Global Conference: "Take risks"

     
    Sumner Redstone appeared at the Milken Institute Global Conference to discuss his life as an entrepreneur....
  • CBS reports 12% higher revenue in first quarter

     
    CBS reports 12% higher revenue in first quarter....