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Sumner Redstone, who presided over an estimated $40 billion media empire that included both Viacom and CBS Corp, died on Tuesday. He was 97.
Over six decades, the Boston-born Redstone turned his father’s regional theater chain, National Amusements, into a global media powerhouse, which ultimately grew to include Viacom (and its networks MTV and Nickelodeon), Paramount Pictures and CBS. While Viacom and CBS split into two separate companies in 2006, they merged again last December, creating ViacomCBS.
“Over
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