Viacom employs a lot of accomplished storytellers. But few of them could dream up a drama that’s more compelling — and potentially important — than the one taking place right now at the company’s own offices in New York and Hollywood. On Friday night, Sumner Redstone — or people around him — rocked his media empire by kicking Viacom CEO Philippe Dauman and board member George Abrams off of his family trust and the board of his privately held theater chain, National…

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BING NEWS:
  • Shari Redstone, a media scion weighing the future of her ravaged empire
    Shari Redstone endured decades of brutal, Succession -worthy corporate and interfamily combat before she was finally able to take over the entertainment company that her father, Sumner, had ruled with ...
    05/3/2024 - 4:00 am | View Link
  • Paramount has spent a decade as the source of buyout rumors. That might finally come to an end.
    Amid the turmoil over its future, Paramount recently announced the departure of its CEO Bob Bakish, who was reportedly at odds with Redstone over a Skydance deal.
    05/2/2024 - 10:37 am | View Link
  • Redstone sees expansion in tenant facilities
    Signs of Redstone Arsenal’s growth were on display last week, as the installation saw one new business cut a ribbon at the Redstone Gateway development and a contractor break ground ...
    04/30/2024 - 8:00 pm | View Link
  • Paramount’s shocking ouster of CEO Bob Bakish is the latest twist in an epic family saga of weak succession planning and poor corporate governance
    Once hailed as its savior, Paramount’s CEO is out of a job and on the outs with Shari Redstone as the company weighs dueling takeover bids.
    04/30/2024 - 10:47 am | View Link
  • A Media heiress’s bid to sell sets of mayhem inside Paramount
    Shari Redstone was finally ready to cash out. The media heiress who controls Paramount Global, owner of CBS, MTV, Nickelodeon and the Paramount film studio, last year started seriously contemplating ...
    04/29/2024 - 7:37 pm | View Link
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