sumner redstone

Key Paramount investor says he 'may not sell stock' in proposed Skydance merger: 'We are on hold'

Earlier 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

Scott 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

Skydance 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

The 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

The 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

The 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

Sumner 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

Media 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

The media mogul passed away on Tuesday afternoon at his Los Angeles home.

Sumner Redstone, billionaire media mogul, dead at 97

Sumner 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

CBS 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

Sure, 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

Sumner 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

The 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

A 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

Not 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

It’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

They’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'

Aging 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

A 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...