Sumner Redstone

Parent Company National Amusements Pulls the Plug on CBS-Viacom Merger

The merger of CBS and Viacom, which seemed like a foregone conclusion for much of the year, is instead on hold—perhaps permanently.

National Amusements Officially Asks CBS and Viacom to Consider Merging

The rumors floating around all year that CBS Corp. and Viacom might recombine 10 years after they split apart are no longer just rumors: National Amusements has sent a letter to both boards, asking them to consider a merger in what would be an all-stock deal.

The 5 Biggest Issues Facing Viacom Now That Philippe Dauman Is Out as CEO

Viacom's infighting is finally over. Now it's time for the company's real work to begin. After months of battling over the future of Viacom, Sumner Redstone has officially prevailed over Philippe Dauman, who has resigned as president and CEO of Viacom.

5 Viacom Board Members, Including the CEO, Are Ousted in Massive Overhaul

After taking weeks to line up all his pieces in his battle with Viacom CEO Philippe Dauman, Sumner Redstone has finally made his big move to regain control of his company.

Viacom’s Embattled CEO Says Paramount Sale Will Proceed Despite War With Sumner Redstone

In his first public comments since his public battle with Viacom founder and chairman emeritus Sumner Redstone over the company's future, Viacom executive chairman and CEO Philippe Dauman said the company is staying focused on business and has already completed half of its upfront sales.

Why the Public, Bitter Battle Over Viacom’s Future Shouldn’t Affect Its Upfront Negotiations

As Hollywood-related civil wars go this summer, Captain America and Iron Man have got nothing on Sumner Redstone and Philippe Dauman, who are engaged in a public, bitter battle over the future of Viacom.

Philippe Dauman Named Executive Chairman of Viacom, As Sumner Redstone Steps Down

Just 48 hours ago, Sumner Redstone was the executive chairman of both CBS Corp. and Viacom. But now, he has been replaced at both companies.

Les Moonves Is Named Chairman of CBS, Replacing Sumner Redstone

Les Moonves, CBS Corp.'s CEO and president, has been named chairman of the company. He replaces the ailing Sumner Redstone, who resigned Tuesday as executive chairman but will remain as chairman emeritus.

Cablevision, Viacom War Could Cost a Bundle

Cablevision, which is suing Viacom for illegally bundling its networks, on Thursday released a heavily-redacted version of its complaint against the cable conglomerate, which includes the charge that Viacom threatened to impose a fine in excess of $1 billion if Cablevisio

Analyst on Beleaguered Viacom Stock: ‘It’s Far and Away My Most Screaming Buy’

Here is a tale designed to stress out even the most unflappable investor: once upon a time, there was a cable conglomerate with some major ratings problems.