Media mogul Sumner Redstone dies at 97

Sumner Redstone, who built a media empire from his family's drive-in movie chain, has died. and Viacom Inc. through voting stock, was passed to his daughter Shari Redstone, who battled top executives to re-merge the two entities that split in 2006.


PTI | Washington DC | Updated: 12-08-2020 18:42 IST | Created: 12-08-2020 18:42 IST
Media mogul Sumner Redstone dies at 97
  • Country:
  • United States

Sumner Redstone, who built a media empire from his family's drive-in movie chain, has died. He was 97. Redstone built the company through aggressive acquisitions, but many headlines with his name focused on severed ties with wives, actors and executives.

In multiple interviews, he said he'd never die. His tight-fisted grip on the National Amusements theater chain, which controlled CBS Corp. and Viacom Inc. through voting stock, was passed to his daughter Shari Redstone, who battled top executives to re-merge the two entities that split in 2006.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback