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The Latest Breaking News from Sumner Redstone

Paramount to pay $122.5 million to settle lawsuit over CBS deal

Paramount Global has agreed to pay $122.5 million to settle a 3-year-old lawsuit brought by several large investment funds that believed the company pushed through the 2019 merger of Viacom and CBS at the expense of minority shareholders.

Los Angeles Times

Ten’s long-running dance with billionaires twists with a succession tango

Network 10 owner Paramount Global has seen turbulent years of succession drama and executive scandal. Now, Ten could be in for yet another new owner.

Crikey

A new book on the Redstone saga is a real page-turner

Unscripted: The Epic Battle for a Media Empire is clearly made for TV.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Sumner Redstone: book reveals media mogul’s ‘astonishing saga of sex, lies and betrayal’

New account details just how awful, shocking and abusive that culture was at one of America’s biggest media empires

The Guardian - US

Frank Biondi ran Viacom and built Nickelodeon, and now his daughter is helping to tell his story

LOS ANGELES -- In an industry teeming with publicity-hungry executives, the late Frank Biondi stood apart. An architect of modern-day Hollywood, he quietly shaped media companies into creative powerhouses.

Los Angeles Times

Sumner Redstone's heiress granddaughter is sued, accused of defaming former assistant

A former assistant to billionaire heiress Keryn Redstone sued his former employer Wednesday, alleging that during a 10-day Adderall binge she defamed him by falsely accusing him of threatening her with a gun and stealing money from her.

Los Angeles Times

ViacomCBS renamed Paramount in a nod to its past and streaming future

ViacomCBS has renamed itself Paramount in a nod to the company's historic moviemaking past — and its streaming future.

Los Angeles Times

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