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sumner redstone
Key Paramount investor says he 'may not sell stock' in proposed Skydance merger: 'We are on hold'
July 5, 2024 | 1:24pmEarlier this week, heiress Shari Redstone surprised media insiders with her announcement that she was accepting a merger proposal from Skydance.
Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report
July 2, 2024 | 5:26pmScott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
Paramount, Skydance agree to terms on $8B merger deal: report
June 3, 2024 | 10:12amSkydance will pay $2 billion for Paramount's parent company, National Amusements, which is controlled by majority stakeholder Shari Redstone.
Skydance sweetens offer for Paramount Global, giving shares a boost: report
May 30, 2024 | 2:49pmThe new deal reportedly improves terms for both classes of Paramount shareholders, and provides more cash.
Shari Redstone sells real estate assets of Paramount's holding company to make $40M debt payment: sources
February 28, 2024 | 5:34pmThe media heiress' National Amusements has sold off a chunk of its real estate holdings in a scramble to make a $40 million debt payment, The Post has learned.
'Sex-obsessed' mogul Sumner Redstone asked grandson to set him up: book
February 15, 2023 | 1:51pmThe new book “Unscripted: The Epic Battle for a Media Empire," by James B. Stewart and Rachel Abrams, reveals how horny Paramount billionaire Sumner Redstone showered women with stock options.
Sumner Redstone’s Beverly Hills mansion sells for $27 million
June 14, 2021 | 2:01pmSumner Redstone's palatial California mansion overlooking Beverly Hills has reportedly sold for $27 million. The deceased billionaire media mogul, whose family still controls ViacomCBS, lived out the last decades of...
Beverly Hills mansion of the late Sumner Redstone lists for $27.9M
April 27, 2021 | 9:49amMedia mogul's sprawling estate is now up for sale at a whopping $27.9M — controversial ex-girlfriends not included.
Sumner Redstone, Viacom and CBS Titan, Dies at 97
August 12, 2020 | 8:47amThe media mogul passed away on Tuesday afternoon at his Los Angeles home.
Sumner Redstone, billionaire media mogul, dead at 97
August 12, 2020 | 8:36amSumner Redstone, the billionaire media magnate whose family company controls CBS and Viacom, and whose career spilled over from boardrooms to gossip sheets, has died. He was 97. Redstone's health...
CBS and Viacom in final stages of all-stock merger
August 12, 2019 | 10:32amCBS and Viacom are inching closer to a deal to reunite Sumner Redstone’s media empire, sources tell The Post. The two companies, which are both majority owned by Redstone’s National...
Why CBS and Viacom Are (Probably) Merging And What Happens Next
July 31, 2019 | 9:00amSure, they have common ownership and complementary assets, but the biggest factor driving the merger is scale.
Sumner Redstone reaches settlement with former live-in girlfriend
January 8, 2019 | 2:30pmSumner Redstone and his family have agreed to settle their salacious legal battle with the ailing media tycoon’s former live-in girlfriend, Manuela Herzer. The case — which spilled embarrassing details...
Sumner Redstone's competency at center of CBS-Viacom drama
August 8, 2018 | 10:33pmThe health of media mogul Sumner Redstone is once again front and center in a dispute destined to shape the futures of CBS and Viacom. The most recent spat centers...
Court dismisses racketeering suit against Shari Redstone because her dad is still alive
July 11, 2018 | 11:36pmA federal court in Los Angeles has dismissed a racketeering suit against the daughter of Sumner Redstone on grounds the 95-year-old mogul is still alive and, as such, his trust...
As Redstone battle looms, Moonves is MIA at CBS event
May 16, 2018 | 1:17pmNot all the drama surrounding CBS on Wednesday was happening in a Delaware courtroom. While CBS lawyers prepped for a legal battle aimed at wresting control away from the Redstone...
CBS board members could take voting control from Redstones
May 15, 2018 | 10:46pmIt’ll be up to a judge. Shari Redstone will dispatch her high-priced lawyers to a Delaware courtroom Wednesday afternoon to try to keep CBS’ independent board members from making a...
Redstone blasts CBS' 'outrageous' shot at independence
May 14, 2018 | 10:19amThey’ve come out fighting. Hours after CBS on Monday fired the first shot in its battle for independence from Shari Redstone, the media mogul answered — saying she was “outraged”...
Sumner Redstone uses an iPad to say 'Yes,' 'No' and 'F--k you'
April 4, 2018 | 11:29amAging media tycoon Sumner Redstone has been communicating with an iPad that’s preloaded with audio clips of his voice saying “Yes,” “No” and “F--k you,” according to a report. The...
Judge unseals damning emails between Shari Redstone and her son
March 28, 2018 | 11:53pmA California judge has denied a bid by Shari Redstone to keep under seal a complaint filed by her father’s former girlfriend. The complaint by Manuela Herzer, which seeks $100...