Why Viacom Chief Philippe Dauman is fighting his longtime boss, Sumner Redstone
One question looms large as pressure mounts on Viacom Inc. Chief Executive Philippe Dauman: Why is the embattled executive waging a high-stakes war with his longtime boss? Power, pride, principle --...
View ArticleJudge denies new trial for Sumner Redstone's ex-companion
Sumner Redstone's former companion, Manuela Herzer, lost her bid for a new trial in her continued legal effort to have the 93-year-old media mogul declared mentally incompetent. Los Angeles Superior...
View ArticleUnder pressure to turn his struggling studio around, will Paramount's Brad...
Leonardo DiCaprio came to the Sunset Tower Hotel with a birthday gift for Paramount Pictures Chairman and Chief Executive Brad Grey. The actor was looking for a new home for his production company,...
View ArticleViacom chief nears Paramount deal that investors doubt will get past Redstone
Embattled Viacom Inc. Chief Executive Philippe Dauman is moving closer to clinching a deal to sell a 49% stake in movie studio Paramount Pictures, possibly for as much as $5 billion, to the Chinese...
View ArticleRedstone family reaffirms opposition to Paramount sale
Viacom Inc.'s plan to sell a stake in its historic Hollywood movie studio, Paramount Pictures, suffered another setback Friday when the Redstone family publicly reaffirmed its opposition. Sumner...
View ArticlePhilippe Dauman paves the way to leave Viacom as CEO if he's ousted from the...
Philippe Dauman, the chief executive of Viacom Inc., is laying the groundwork to leave the company if Sumner Redstone's attempt to oust him from the board is successful. Dauman and Viacom Chief...
View ArticleSettlement to end Viacom war would have CEO Philippe Dauman replaced by Tom...
Talks have accelerated to end the bitter boardroom dispute between Sumner and Shari Redstone and Viacom's top officers, with Chief Executive Philippe Dauman expected to leave with a generous exit...
View ArticleRedstone saga shows that ego and family can make succession a risky business
The drama surrounding Sumner Redstone and the corporate governance of Viacom Inc. hasn't been an endorsement for publicly held companies controlled by a single family. Redstone and his daughter Shari...
View ArticleViacom power struggle ends with Shari Redstone ushering in a new era for the...
Shari Redstone would tell her tough-as-nails father, Sumner Redstone, that she possessed 80% of his brains, 90% of his passion and 100% of his obsessive personality. Media mogul Sumner Redstone, over...
View ArticleThe Redstones' war with Viacom ends: Philippe Dauman resigns, Tom Dooley...
The boardroom war for control of Viacom Inc. ended in victory for Sumner Redstone and his family with the resignation of Chief Executive Philippe Dauman and the installation of new members to the...
View ArticleViacom's Tom Dooley and Shari Redstone voice confidence in Paramount CEO Brad...
Paramount Pictures Chairman and Chief Executive Brad Grey has been widely criticized for his stewardship of the storied but struggling movie studio. But the leadership at Paramount's parent company,...
View ArticleViacom settlement approved after deal reached to protect Sumner Redstone's...
A settlement ending the bitter battle over media mogul Sumner Redstone's mental competency and the future of Viacom Inc. received the blessing of a Massachusetts judge on Friday - but only after an...
View ArticleProspects for sale of stake in Paramount wither
Former Viacom Chief Executive Philippe Dauman's controversial plan to bolster Viacom's finances by selling a 49% interest in Paramount Pictures appears doomed. As part of a settlement agreement that...
View ArticleViacom shake-up continues; interim CEO Tom Dooley is out
Viacom Inc.'s leadership was thrown into question Wednesday as the company announced that interim Chief Executive Thomas Dooley would step down and that its financial performance was worse than...
View ArticleCBS-Viacom merger may be closer to reality, thanks to Redstones and National...
The oft-foretold reunification of CBS Corp. and Viacom Inc. may be moving closer to reality. National Amusements Inc., the theater chain operator and investment vehicle of media mogul Sumner...
View ArticleRedstones officially urge Viacom-CBS merger talks
Sumner Redstone and his daughter, Shari, have officially taken a key step toward putting Viacom and CBS back together again. National Amusements Inc., the Redstone-controlled movie theater chain and...
View ArticleSumner Redstone's deposition for Viacom shareholder lawsuit is put on hold
A Delaware judge on Thursday granted a request by attorneys for Sumner Redstone to halt evidence gathering, including a possible deposition of the ailing media mogul, in a Viacom shareholder lawsuit...
View ArticleSumner Redstone says ex-girlfriends made off with $150 million, leaving him...
Billionaire Sumner Redstone is suing two former companions for what he says was elder abuse, alleging in court documents that the two women schemed to isolate him from his family as they drained his...
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