Net News search results for: redstone

• May 23, 2016

  Viacom's Philippe Dauman, George Abrams Removed From Sumner Redstone Trust

  

  VIACOM Chairman PHILIPPE DAUMAN and director GEORGE ABRAMS were removed from the trust formed to oversee SUMNER REDSTONE's interests FRIDAY (5/20) in a move by REDSTONE's daughter, CBS and VIACOM Vice Chair SHARI REDSTONE, to take more control of … more »

• May 18, 2016

  Report: Sumner Redstone's Salary Not Being Paid By Viacom

  

  The VIACOM board, after slicing the salary of the company's 92-year-old founder and Chariman Emeritus SUMNER REDSTONE, has now voted to not pay him at all, according to a report in CNNMONEY and DOW JONES. The news comes amid the ailing media mogul … more »

• May 9, 2016

  Lawsuit Against Sumner Redstone Dismissed

  

  CNBC reports a Judge has dismissed the competency lawsuit against billionaire media mogul SUMNER REDSTONE brought by his ex-girlfriend MANUELA HERZER. "There is no good cause for further judicial involvement where the court has now heard directly … more »

• May 6, 2016

  Judge Considers Dismissing Sumner Redstone Health Care Agent Case

  

  LOS ANGELES Superior Court Judge DAVID J. COWAN has decided to consider a motion to dismiss SUMNER REDSTONE’s health care court case this weekend after viewing REDSTONE's deposition as "strong evidence" that the longtime VIACOM/CBS … more »

• April 29, 2016

  Report: CBS Corporation Explores Buyout Of Redstone's Voting Shares

  

  REUTERS is reporting that executives at CBS CORP. are exploring options for buying the company's voting shares from SUMNER REDSTONE's NATIONAL AMUSEMENTS INC., and thus ending the company's dual-class share structure to give Exec. … more »

• April 28, 2016

  Judge Rules Sumner Redstone Competency Case Will Be Public

  

  The trial in MANUELA HERZER's suit against former VIACOM and CBS CORPORATION chairman SUMNER REDSTONE will be public, LOS ANGELES COUNTY Superior Court Judge DAVID J. COWAN tentatively ruled on WEDNESDAY (4/27).   COWAN denied a motion by … more »

• April 13, 2016

  Report: Redstone Settlement Talks 'Hit A Snag'

  

  The LOS ANGELES TIMES is reporting that the settlement talks in the case filed by former VIACOM and CBS CORP. Chairman SUMNER REDSTONE's former girlfriend MANUELA HERZER over her removal as his health care representative "have hit a … more »

• April 7, 2016

  Report: Preliminary Settlement Made In Sumner Redstone Case

  

  REUTERS reports, "Lawyers acting for SUMNER REDSTONE have reached a preliminary settlement with an ex-girlfriend over a lawsuit that challenged the 92-year-old media mogul's mental competency, a person familiar with the situation said on … more »

• March 17, 2016

  Viacom Names Frederic V. Salerno Lead Independent Director, Extends COO Thomas Dooley's Contract

  

  VIACOM has announced the addition of a new Lead Independent Director, former VERIZON CFO FREDERIC V. SALERNO, to serve as a liaison between the top officers of the company and independent directors, and has also extended Senior EVP/COO THOMAS … more »

• March 1, 2016

  Judge Rules Sumner Redstone Competency Case Can Proceed

  

  The case by SUMNER REDSTONE's ex-girlfriend challenging her removal as the former VIACOM and CBS CORPORATION Chairman's representative is moving forward, as LOS ANGELES COUNTY Superior Court Judge DAVID J. COWAN has scheduled the five-day trial … more »