NEW YORK -- Sumner Redstone, who built a media empire from his family's drive-in movie chain, has died. He was 97. ViacomCBS Inc., which he lead for decades, remembered Redstone for his "unparalleled ...

The article was updated at 7:47 p.m. NEW YORK — The Viacom board unanimously voted Tuesday to carve two companies out of Sumner Redstone‘s kingdom. An upbeat Redstone heralded the move — which gives ...

For the Redstone clan, the end with Paramount Pictures came much as it began 31 years ago – victory achieved after a long, bitter and highly public fight over a Hollywood institution. This time around ...

Sumner Redstone, the 85-year-old titan of the media industry, got caught in a credit squeeze during the global financial crisis, and it's going to cost him more than a fifth of his firm's stake in ...

Shari Redstone invoked the legacy of her father Sumner Redstone in her farewell remarks as owner of Paramount Global on Thursday as the studio reported its second quarter earnings report, one week ...

Earlier today the board of Viacom voted to promote CEO Philippe Dauman to executive chairman of the media company that includes MTV, Comedy Central and Paramount. This move was in direct contradiction ...

Sumner Redstone, who built a media empire from his family’s drive-in movie chain, has died. He was 97. Redstone built his operations through aggressive acquisitions, but many headlines with his name ...