Sumner Redstone - Viacom

Redstone feeds fish as his empire implodes

Filed under failures, Sumner Redstone - Viacom
December 4, 2008 11:25 pm

Sumner Redstone, the media mogul who famously coined the phrase “content is king”, could well achieve another kind of fame very soon as the first major media casualty of the ... Read more »

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Sumner Redstone sells Midway Games stake for $600 million loss

Filed under failures, Sumner Redstone - Viacom
December 1, 2008 11:25 pm

Billionaire media mogul Sumner Redstone and his holding companies have sold his family’s 80.3 million shares in Midway Games Inc. for less than a penny each, according to a Monday ... Read more »

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Redstone Weighs Sale of Theaters

Filed under failures, Sumner Redstone - Viacom
November 25, 2008 9:48 pm

In  an effort to stave off the dismantling of his media empire, Sumner M. Redstone, the controlling shareholder of Viacom and CBS, recently proposed to sell his family’s 1,500-screen theater ... Read more »

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Redstone splits with second wife

Filed under Romance, Sumner Redstone - Viacom
October 22, 2008 6:31 pm

  Media mogul Sumner Redstone, the irascible billionaire whose fortunes have been battered by the financial crisis, has filed for divorce from his second wife after five years of marriage, ... Read more »

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Strapped Redstone tries to renegotiate $1.6-billion loan

Filed under failures, Sumner Redstone - Viacom
October 19, 2008 7:09 pm

With pressure mounting on media mogul Sumner Redstone to dig his way out of his own credit crisis, the billionaire’s privately held firm, National Amusements Inc., was scrambling Friday to ... Read more »

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Another billionaire is forced to sell a stake to pay margin debt

Filed under failures, Sumner Redstone - Viacom
October 10, 2008 8:38 pm

Sumner Redstone, who controls New York-based Viacom and CBS Corp., today said he will sell $400 million of non-voting stock in the companies held by his National Amusements Inc. to comply with debt covenants. read the rest published by Bloomberg here: http://www.bloomberg.com/apps/news?pid=20601103&sid=a247VDPj5Vh0

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Redstone adds more fuel to family feud

Filed under Billionaire kids, Sumner Redstone - Viacom
July 10, 2008 6:21 pm

Sumner Redstone, the chairman and controlling shareholder of Viacom and CBS says he loves his daughter Shari, but he doesn’t want her to succeed him in his role. “The reason ... Read more »

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A Passion to Win by Sumner Redstone

Filed under Sumner Redstone - Viacom, Books written by billionaires
January 24, 2008 4:25 pm

today i came across the book written by Sumner Redstone . Its autobiographical tale of business trials and triumphs.    one more to my billionare books collection! In the future im going to list all the books written by billionaires.  You can check them all under the tag Books written by billionaires.    

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Redstones’ family feud cools off

Filed under Billionaire kids, Sumner Redstone - Viacom
December 22, 2007 9:20 pm

 While it remains unknown whether Shari Redstone will succeed her father, Sumner Redstone, as chairman of Viacom and CBS, she is stepping up at Chicago-based Midway Games, the struggling video-game ... Read more »

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Viacom Prepares New MySpace Rival

Filed under Projects, Sumner Redstone - Viacom
September 15, 2007 11:11 am

Viacom’s Sumner Redstone is said to constantly regret not bidding for MySpace, the social networking behemoth that archrival Rupert Murdoch of the News Corporation scooped up two years ago. Now, ... Read more »

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(few days old, but shows how even billionaires get fooled ) Sumner Redstone’s anti-aging secret

Filed under Sumner Redstone - Viacom
September 9, 2007 2:32 am

Fortune Magazine) — As the years tick by, Sumner Redstone just gets more optimistic. Earlier this year the 84-year-old said he planned to live another 50 years; two years ... Read more »

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