Controversial media mogul Sumner Redstone is dead at 97
The Viacom and CBS chair emeritus begun fading in 2015 as those close to him began questioning his mental capacity, leading to lawsuits and family infighting
New York — Viacom and CBS chair emeritus Sumner Redstone, the media mogul who took his father’s movie theatre chain and built it into an empire that included Paramount Pictures, CBS and MTV, has died at 97, ViacomCBS and National Amusements said on Wednesday.
Redstone, as executive chair of both Viacom and CBS had controlled the two companies through privately held National Amusements. But in his early 90s, the state of Redstone’s physical and mental health set off an avalanche of corporate manoeuvring over his media holdings that resulted in him stepping down as executive chair of both companies in 2016...
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