Here's a breakdown of who's who in the Redstone family: Shari Redstone, Sumner's daughter, is now the steward of the Redstone media empire. Variety reported that all of Redstone's stock would be ...
When Redstone's father, Sumner Redstone, the founder of National Amusements, died in 2020, Shari Redstone inherited his shares. National Amusements directly or indirectly through subsidiaries owns ...
CBS News staffers are reportedly furious over parent company Paramount Global’s intent to reach a settlement of a $10 billion ...
A settlement, if reached, would be an extraordinary concession by a major U.S. media company to a sitting president.
Good morning! Simone Biles is Sports Illustrated’s Sportsperson of the Year, Meghan Markle has a new lifestyle show, and Shari Redstone plans her exit from her family's company. Have a restful ...
Redstone has been through corporate drama before, sparring at times with her father and other executives over corporate leadership and vision in the years leading up to the 2019 merger between CBS ...
BEVERLY HILLS, CA - FEBRUARY 10: Sumner Redstone arrives at The Hollywood Reporter's Annual Nominees Night party held at Spago on February 10, 2014 in Beverly Hills, California. (Photo by Michael ...
Sumner Redstone, 83, once said his big disappointment ... He once said his daughter Shari would never succeed him yet made her his successor designate last year. A tough negotiator with "a thick ...
Redstone, born Sumner Murray Rothstein in Boston ... In 2006, his son Brent sued him for $1 billion and he clashed with his daughter Shari over control of Viacom and CBS. In 2019, he settled ...
Redstone is leading the transformation, which includes going all in on streaming service Paramount+, which launched in March. But it’s a crowded space, and too early to tell whether the new ...
Paramount importance. Emotions ran high throughout 2024 at Shari Redstone’s Paramount Global, as my colleague Lila MacLellan details for Fortune. Multiple rounds of layoffs and general ...