Sumner Murray Redstone (born Sumner Murray Rothstein; May 27, 1923) is an American businessman and media magnate.He is the majority owner and chairman of the board of the National Amusements theater chain.


Viacom paid $340 million for Pluto TV, a leading ad-supported streaming service.

Here's Why Viacom Shares Have Climbed 15% in 2016. As of July 2014, the market cap for Viacom Inc. (VIA) is $36,947,437,572.64. ViacomCBS is one of the world’s leading producers of premium entertainment content that connects billions of people in nearly every country in the world. Currently President of Viacom International Media Networks' operations in the UK, and Northern and Eastern Europe, David Lynn has been appointed …
CBS, which is the larger of the two companies and worth $18.5 billion, will absorb the smaller Viacom, which owns such assets as BET, Comedy Central and … Sumner Redstone net worth: Best known as the majority owner of Viacom and various other media conglomerates, Sumner Redstone has a net worth of $4 billion. Time Warner also agreed to more widely distribute Showtime and The Movie Channel on Time Warner ’ s cable systems, the second-largest in the United States. The entertainment company produces and distributes films and programming through brands including Paramount Pictures and MTV. Time Warner agreed to pay Viacom $75 million and buy a Viacom cable system in Milwaukee for $95 million, about $10 million more than its estimated worth at the time. That's why Viacom bought Pluto TV, Wade Davis, chief financial officer of Viacom, told Business Insider. This statistic contains data on the net income of Viacom in the fiscal years 2006 to 2019. Sumner Redstone is the controlling shareholder of the new ViacomCBS; the two companies completed a merger in early December 2019.

VIACOM INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Viacom disclosed in a Securities and Exchange… Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Daniel B. Kline | Jul 25, 2016.

The company has been locked in a power struggle and the end may be near. New Viacom CEO Bob Bakish has set a three-year contract to lead the media conglomerate with an annual compensation package valued at about $20 million. It is the subject of on-again off-again talks concerning a merger with . In the fiscal year 2019 (which spanned from October 2018 to …

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