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Encyclopedia > Sumner Redstone
Sumner Murray Redstone

Sumner Murray Redstone
Born May 27, 1923 (1923-05-27) (age 84)
Flag of the United States Boston, Massachusetts
Occupation Global media businessman
Spouse Phyllis Gloria Raphael (1944 - 1999)
Paula Fortunato (2002 - present)
Children Shari Redstone, Brent Redstone

Sumner Murray Redstone (born Sumner Murray Rothstein on May 27, 1923 in Boston, Massachusetts) is majority owner and Chairman of the Board of the National Amusements theater chain. Through National Amusements, he is majority owner of Midway Games, Viacom and CBS Corporation. Image File history File links Sumner_redstone. ... is the 147th day of the year (148th in leap years) in the Gregorian calendar. ... Year 1923 (MCMXXIII) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar. ... Image File history File links This is a lossless scalable vector image. ... “Boston” redirects here. ... The adjective global and adverb globally imply that the verb or noun to which they are applied applies to the entire Earth and all of its species and regions. ... A businessman (sometimes businesswoman, female; or businessperson, gender neutral) is a generic term for a wide range of people engaged in profit-oriented enterprises, generally the management of a company. ... Shari Redstone is a corporate director of the CBS and Viacom companies. ... is the 147th day of the year (148th in leap years) in the Gregorian calendar. ... Year 1923 (MCMXXIII) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar. ... “Boston” redirects here. ... This page is a candidate to be moved to Wiktionary. ... The phrase Chairman of the Board has several meanings: Chairman of the Board is the term used to denote the leader of a corporations board of directors. ... National Amusements, Inc. ... Midway Games (NYSE: MWY) is an American video game publisher. ... Viacom (NYSE: VIA) (NYSE: VIAb) is an American media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), and movie production and distribution (the Paramount Pictures and DreamWorks movie studios). ... CBS Corporation (NYSE: CBS, NYSE: CBSA) is an American media conglomerate focused on broadcasting, publishing, billboards, and television production, with most of its operations in the United States. ...

Contents

Early Life and Career

Sumner was born to Jewish parents Michael and Belle Rothstein in 1923; his family's name was changed from Rothstein to Redstone (the literal translation of the surname from German to English) in 1940, when Sumner was 17. His father, Michael Rothstein, was the owner of the Northeast Theater Corporation in Dedham, Massachusetts--the forerunner of National Amusements.[1] For other uses, see Jew (disambiguation). ... Year 1923 (MCMXXIII) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar. ... Look up English, english in Wiktionary, the free dictionary. ... Year 1940 (MCMXL) was a leap year starting on Monday (link will display the full 1940 calendar) of the Gregorian calendar. ... Nickname: Location in Massachusetts Coordinates: , Country United States State Massachusetts County Norfolk County Settled 1635 Incorporated 1636 Government  - Type Representative town meeting  - Town    Administrator Bill Keegan  - Board of    Selectmen Marie-Loise Kehoe Mike Butler James MacDonald Carmen DelloIocono Dennis Teehan Area  - Town  10. ... National Amusements, Inc. ...


Redstone attended the prestigious Boston Latin School, where he graduated first in his class. He then attended Harvard College, where he completed his B.A. in three years. Later, Redstone served in World War II, serving with the team that decoded Japanese messages for the United States Army.[2] Upon completion of his Army service, he worked in Washington, D.C. and attended Georgetown University Law School. He chose to transfer into Harvard Law School and received his LL.B., later amended to a Juris Doctor from that institution. Motto Sumus Primi Founded April 23, 1635 Head Master Lynne Mooney Teta Affiliation Boston Public Schools Curriculum College-Preparatory Grades 7-12 Enrollment c. ... Harvard Yard Harvard College is the undergraduate section and oldest school of Harvard University, founded in 1636. ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... The United States Army is the largest and oldest branch of the armed forces of the United States. ... For other uses, see Washington, D.C. (disambiguation). ... The schools original sign, preserved on the north quad of the present-day campus. ... Harvard Law School (colloquially, Harvard Law or HLS) is one of the professional graduate schools of Harvard University. ... The degree of Bachelor of Laws is the principal academic degree in law in most common law countries. ... “J.D.” redirects here. ...


After completing law school, Redstone worked primarily in Washington, D.C., working at first for the U.S. Department of Justice in San Francisco and then going into private practice. However, after a few years in practice, he chose to join his father's theater chain. The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States according to the law and to ensure fair and impartial administration of justice for all Americans. ...


As National Amusements grew Redstone believed that content would become more important than distribution mechanisms. There would always exist channels of distribution (albeit in varied forms), but content was always going to be necessary (his famous quote is "content is king!"). He then made investments in Columbia Pictures, Twentieth Century Fox, Orion Pictures, and Paramount Pictures (the latter of the 4 of which Redstone's Viacom would buy in the 1990s-see below), all of which turned over huge profits when he chose to sell the stock in the early 1980s. National Amusements, Inc. ... Invest redirects here. ... The Columbia Pictures logo from 1993 to the present Columbia Pictures Industries, Inc. ... Twentieth (20th) Century Fox Film Corporation (known from 1935 to 1985 as Twentieth Century-Fox Film Corporation) is one of the six major American film studios. ... Orion Pictures Logo Orion Pictures Corporation was a United States movie production company, formed in 1978 as a joint venture between Warner Bros. ... Paramount Pictures Corporation is an American motion picture production and distribution company, based in Hollywood, California. ... This article does not cite any references or sources. ...


In 1999 he was divorced from his first wife of 55 years, Phyllis Gloria Raphael. He is the father of Shari Redstone and Brent Redstone. Three years after his divorce, he married Paula Fortunato, a former primary school teacher who is forty years his junior. Shari Redstone is a corporate director of the CBS and Viacom companies. ...


Viacom

Looking for a new business venture, he set his sights on Viacom International, a company which he had already been buying stock in as an investment and was a spin-off of CBS in 1971 after the FCC ruled that television networks could not syndicate programs they produced. Viacom syndicated most of CBS's programs, but also made a lot of money from syndicating other programs, including most of Carsey-Werner Productions' shows (The Cosby Show, Roseanne, and A Different World), as well as syndicating shows for other companies (Columbia Pictures Television's All in the Family was one notable example), and cable channels (Nickelodeon's Double Dare and Finders Keepers (co-syndicated with Fox Television Stations) were two examples). Viacom (NYSE: VIA) (NYSE: VIAb) is an American media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), and movie production and distribution (the Paramount Pictures and DreamWorks movie studios). ... This article is about the broadcast network. ... The FCCs official seal. ... A television network is a distribution network for television content whereby a central operation provides programming for many television stations. ... In the television industry (as in radio), syndication is the sale of the right to broadcast programs to multiple stations, without going through a broadcast network. ... Carsey-Werner Productions (in some incarnations, Carsey-Werner-Mandabach Productions) is an independent production company founded in 1981 by former ABC writer/producer duo Marcy Carsey and Tom Werner (co-owner of the Boston Red Sox baseball franchise). ... The Cosby Show is an American television sitcom starring Bill Cosby, first broadcast on September 20, 1984 and ran for eight seasons on the NBC television network, until April 30, 1992. ... Roseanne is an Emmy Award winning American sitcom which aired on ABC from 1988 to 1997, starring stand-up comedian Roseanne Barr. ... A Different World was an American television sitcom. ... Columbia Pictures Television logo, used from 1992-2001. ... For other uses, see All in the Family (disambiguation). ... This article is about the TV channel. ... This article refers to the childrens game show. ... Finders Keepers was a childrens game show that aired on the Nickelodeon network in America from November 2, 1987 to June 30, 1990. ... This is an incomplete list of Fox Broadcasting Company affiliates. ...


Viacom also owned MTV Networks (formerly known as Warner-AMEX Satellite Entertainment), which owned MTV and Nickelodeon. In addition, other included properties included Showtime Networks (a similar pay-television network to HBO and Cinemax) and The Movie Channel. Viacom acquired MTV Networks in 1985 for $550 million from Steve Ross' Warner Communications. (WCI bought American Express' share and then sold the entire entity to Viacom, as they felt that they could not make a lot of money from the venture and the bias of a studio owning cable channels would be a conflict of interest. The studio's stance changed in 1995, when as Time Warner it bought Turner Broadcasting.) MTV Networks is a division of media conglomerate Viacom that oversees the operation of many TV network and Internet brands, including the first MTV channel. ... This article is about the original U.S. music television channel. ... This article is about the TV channel. ... For other uses, see HBO (disambiguation). ... This article or section does not cite any references or sources. ... The Movie Channel (TMC) is an American premium cable television network owned by Showtime Networks, Inc. ... Steve Ross may refer to: Steve Ross (Time Warner CEO), Time Warner CEO. Stephen Ross (politician), British politician. ... Warner Communications, formerly Kinney National Company, was the parent company for Warner Bros. ... Time Warner Inc. ... Turner Broadcasting logo Turner Broadcasting System (often abbreviated to Turner), based in Atlanta, Georgia, USA, is the company managing the collection of cable networks and properties started by Robert Edward Ted Turner from the mid-1970s to the late-1990s. ...


After a hostile takeover in 1987, Redstone won voting control of Viacom and led a series of acquisitions to make Viacom one of the top players in modern media (along with Bertelsmann, General Electric & Vivendi's NBC-Universal, News Corporation, Time Warner, Sony, and The Walt Disney Company). Hostile takeover can refer to: For the business usage see takeover. ... Bertelsmann AG is a transnational media corporation founded in 1835, based in Gütersloh, Germany. ... “GE” redirects here. ... Vivendi SA (formerly known as Vivendi Universal) is a French media conglomerate with activities in music, television and film, publishing, telecommunications, the Internet as well as video games. ... NBC Universal is a media and entertainment company formed in May 2004 by the combination of General Electrics NBC with Vivendi Universal Entertainment (part of the French Media Group, Vivendi SA. GE owns 80% of NBC Universal with the remaining 20% owned by Vivendi SA). ... 1211 Avenue of the Americas (Sixth Avenue), where News Corporation is based News Corporation (abbreviated to News Corp) (NYSE: NWS, NYSE: NWSa, ASX: NWS, LSE: NCRA) is one of the worlds largest Media conglomerates. ... Time Warner Inc. ... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... The Walt Disney Company (NYSE: DIS) is one of the largest media and entertainment corporations in the world. ...


Paramount Pictures

Redstone's next acquisition came in the form of the purchase of Paramount Communications, parent of Paramount Pictures, in 1993, which he fought over with Barry Diller (former board member of Vivendi Universal and CEO of IAC/InterActiveCorp) and John Malone (president of TCI/Liberty Media), where he had to raise his bid three times. Some say that Redstone overpaid, but after he shed certain assets (the Madison Square Garden properties to Charles Dolan's Cablevision and Simon & Schuster's educational publishing units to Pearson plc for almost $4 billion), Redstone turned Viacom's expenditure into a substantial profit. Under Redstone's leadership, Paramount went on an almost ten-year streak of record performance, producing such films as Saving Private Ryan, Titanic (one of the highest grossing film of all time and Best Picture Academy Award winner), Braveheart (Best Picture Academy Award), and Forrest Gump (also a Best Picture winner) and the creation of the hugely successful Mission Impossible series of pictures. Paramount Communications resulted from the 2000 restructuring and renaming of Gulf and Western Industries, Inc. ... Paramount Pictures Corporation is an American motion picture production and distribution company, based in Hollywood, California. ... Barry Diller at the Web 2. ... Barry Diller, Chairman & CEO IAC/InterActiveCorp (NASDAQ: IACI) is an American internet and media company with interests in electronic retailing, Internet and interactive media, local media services, online personals, real estate and financial services. ... John C. Malone is the current chairman of Liberty Media. ... TCI may refer to the following: Tele-Communications Inc. ... The Liberty Media Corporation is an American media conglomerate. ... Madison Square Garden, often abbreviated as MSG, known colloquially simply as The Garden, has been the name of four arenas in New York City, United States. ... Charles Francis Chuck Dolan (born on October 16, 1926 in Cleveland, Ohio) is an American business executive. ... For other uses, see Cablevision (disambiguation). ... Jean-François Millet Le Semeur (The Sower) Simon & Schuster logo, circa 1961. ... Pearson is a surname, and may refer to many people. ...


Redstone replaced the team of Jonathan Dolgen and Sherry Lansing in 2004 after their 9-year winning streak ended and the studio has struggled since with the relatively inexperienced team of Brad Grey and Gail Berman who both came from the TV business. The Dolgen and Lansing years were the high point of Paramount in many other regards as well. Sherry Lansing (born July 31, 1944 in Chicago, Illinois as Sherry Lee Heimann) is the former CEO of Paramount Studios and the first woman to head a major studio. ...


In addition to the aforementioned award winning films, They also doubled the size of Paramount's music publishing division, Famous Music; expanded UCI Cinemas into 13 foreign countries; created the Digital Cinema Initiatives standards body for the new digital film technology; introduced the DVD; and launched the UPN Network (later part of CBS and now called the CW). The current Paramount Pictures consists only of the movie studio, the other groups having been sold or parcelled out to other divisions given Grey's lack of prior management experience.


The Paramount acquisition was only the tip of the iceberg. Redstone purchased Blockbuster Entertainment, which included Aaron Spelling's production company and a huge library of films, much of which has been merged into Paramount Pictures. Blockbuster has now been spun off into its own independent entity. Redstone acquired CBS Corporation in 2000 and then spun it off as a separate company in 2005, taking with it all of Paramount's television shows and catalog. Following the CBS and Blockbuster Spinoffs, Viacom consists of MTV Networks (MTV, Nickelodeon, VH1, Noggin etc.), music publishing (Famous Music) and Paramount Pictures. Blockbuster logo Blockbuster Video, headquartered in Dallas, Texas, USA, is the name of the largest chain of video tape, video game and DVD rental shops in Canada, the US, the UK, Australia, Germany and Taiwan. ... Aaron Spelling (April 22, 1923 – June 23, 2006) was an American film and television producer. ...


In December of 2005, Redstone announced that Paramount had agreed to buy DreamWorks SKG for an estimated $1.6 billion. The acquisition was completed on February 1, 2006. A subsequent financing brought Viacom's investment down to $700m. The animation studio, DreamWorks Animation, was not included in the deal as it has been its own company since late 2004, however Paramount now has the rights to distribute films by DreamWorks Animation. This article is about the film studio. ... is the 32nd day of the year in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... DreamWorks Animation SKG, Inc. ...


CBS

One of Redstone's largest acquisitions came in the form of Viacom's former parent, CBS. Former Viacom President & COO Mel Karmazin (who was then the President of CBS) proposed a merger to Redstone on favorable terms and after the merger completed in 2000, Viacom had some of the most diversified businesses imaginable. Viacom had assets in the form of broadcast networks (CBS and UPN), cable television networks (MTV, Nickelodeon, MTV2, Comedy Central, BET, Nick at Nite, Noggin/The N, TV Land, CMT, and Spike TV), pay television (Showtime and The Movie Channel), radio (Infinity Broadcasting, which produced the immensely popular Howard Stern' radio shows), outdoor advertising, motion pictures (Paramount Pictures), and television production (Spelling Entertainment, Paramount Television, and Big Ticket Entertainment), and King World Productions (a syndication unit, which notably syndicates the runaway daytime hit, The Oprah Winfrey Show, as well as Dr. Phil, Wheel of Fortune, and Jeopardy!), among others. Melvin Alan Mel Karmazin, a native New Yorker, (born August 24, 1943)[1] is an executive who has held several top jobs in the broadcasting industry and is currently CEO of Sirius Satellite Radio. ... UPN (which originally stood for the United Paramount Network) was a television network in over 200 markets in the United States. ... Coaxial cable is often used to transmit cable television into the house. ... MTV2 is a cable network that is widely available in the United States on digital cable and satellite television, and is progressively being added to basic cable lineups across the nation. ... Comedy Central is an American cable television and satellite television channel in the United States. ... Black Entertainment Television is an American cable network based in Washington, D.C. targeted toward African-American and urban audiences in the United States. ... Nick-at-Nite (sometimes spelled Nick @ Nite, by its current logo) is the evening programming block broadcast over Nickelodeon Sunday–Thursdays from 9 PM–6 AM and Friday–Saturdays from 10 PM–6 AM Eastern and Pacific Standard Time. ... Fox Noggin Channel is a cable television network in both the United States and the United Kingdom, intended to help kids learn. ... The-N is the nighttime block on Noggin for teens. ... This article or section is not written in the formal tone expected of an encyclopedia article. ... Country Music Television, or CMT as it usually called, is an American country music oriented cable television channel. ... This article does not cite any references or sources. ... Pay television, or pay-TV, usually refers to subscription-based television services, usually provided by both analogue and digital cable and satellite, but also increasingly by digital terrestrial methods. ... This article is about the pay TV channel. ... The Movie Channel (TMC) is an American premium cable television network owned by Showtime Networks, Inc. ... CBSs first color logo, which debuted in the fall of 1965. ... This article is a biography of Howard Stern as an individual; for information regarding his radio show see The Howard Stern Show. ... Talk radio is a radio format which features discussion of topical issues. ... Out-of-home advertising (also referred to as OOH) is essentially all type of advertising that reaches the consumer while he or she is outside the home. ... Paramount Pictures Corporation is an American motion picture production and distribution company, based in Hollywood, California. ... Television is a telecommunication system for broadcasting and receiving moving pictures and sound over a distance. ... Founded by Aaron Spelling, Spelling Television (also known as Spelling Entertainment and Aaron Spelling Productions) is a television production company that has produced popular shows such as Charmed, Beverly Hills 90210, 7th Heaven, Dynasty and Melrose Place. ... The Paramount Domestic Television logo used from 2002-2006 with 90th Anniversary used throughout 2002 (when Paramount Pictures celebrated its 90th Anniversary) Paramount Television (re-incorporated from Desilu Productions) was an American television production/distribution company that was active from 1967 to 2006 and was launched under Gulf+Western. ... Big Ticket Television, Inc. ... King World Productions logo debuted in late 2006. ... The Oprah Winfrey Show (also known as Oprah) is an American nationally syndicated talk show, hosted and produced by Oprah Winfrey and is the highest-rated talk show in American television history. ... This article is about the TV series. ... Wheel of Fortune is an American television game show originally devised by Merv Griffin, who also created Jeopardy!. The show debuted as a daytime program on NBC on January 6, 1975. ... “Jeopardy” redirects here. ...


After CBS and Viacom split in late 2005, Redstone remained chairman of both companies. Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


Succession

Redstone made arrangements to step down as CEO of Viacom in 2006. After Mel Karmazin resigned in 2004, two heirs apparent were named: Co-President & Co-COO Leslie Moonves (who was #2 to Karmazin at CBS; he was the former head of Warner Bros. Television and before that, Lorimar Television) and Co-President & Co-COO Tom Freston (who had been President & CEO of MTV Networks since 1987 and had been with the company since the formation of MTV Networks' precursor company, Warner-AMEX Satellite Entertainment). Since the Viacom split, Moonves has headed CBS, and Freston had headed the new Viacom, Inc. Leslie Moonves (born December 23, 1948 in New York City) is President and Chief Executive Officer of CBS Corporation. ... Warner Bros. ... Lorimar Productions was a American television production company, active from 1968-1993. ... Thomas E. Freston (born 22 November 1945) is an American television executive most recently serving as President and Chief Executive Officer of the newly-split Viacom, until his resignation on September 5, 2006. ...


When Moonves was promoted to Co-President & Co-COO with Tom Freston, there was speculation that he was on the short list of executives to replace Michael Eisner at the Walt Disney Company whose contract expired in 2006.[citation needed] Redstone has confirmed publicly in Vanity Fair that he originally offered the position only to Freston who initially turned it down and later relented when Redstone made it clear he was going to ask Moonves next. The tone or style of this article or section may not be appropriate for Wikipedia. ... Alternate meanings: Disney (disambiguation) The Walt Disney Company (also known as Disney Enterprises, Inc. ...


On September 5, 2006 Redstone removed Tom Freston as President and CEO of Viacom and replaced him with director and former Viacom counsel Philippe Dauman. He also brought back former CFO Tom Dooley. This was surprising to many, as Freston had been seen by many as Redstone's heir apparent and that Redstone touted that Freston would run the company after he retired. Redstone publicly stated that he let Freston go because of Viacom's lack of aggressiveness in the digital/online arena, lack of contact with investors, and a lackluster upfront (coupled with falling viewership) at MTV Networks. Press Release is the 248th day of the year (249th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Thomas E. Freston (born 22 November 1945) is an American television executive most recently serving as President and Chief Executive Officer of the newly-split Viacom, until his resignation on September 5, 2006. ... Viacom (NYSE: VIA) (NYSE: VIAb) is an American media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), and movie production and distribution (the Paramount Pictures and DreamWorks movie studios). ... Philippe Dauman is a corporate director of the Viacom and CBS Corporations. ... MTV Networks is a division of media conglomerate Viacom that oversees the operation of many TV network and Internet brands, including the first MTV channel. ...


Redstone has commented publicly that his stock in Viacom will be left to his daughter, Shari Redstone (Vice Chairwoman of the Board of Viacom, President of National Amusements), although he has always been vague as to whether or not she would take more of an active role within the company. A November 22, 2006 New York Times article indicated that Redstone was reconsidering his daughter's role and relying more on his wife. Shari Redstone is a corporate director of the CBS and Viacom companies. ...


The company split was approved by the Viacom board on June 14, 2005. is the 165th day of the year (166th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


Holdings

Currently, Redstone owns over seventy percent of the voting stock of Viacom. Viacom, in actuality, is a not wholly-owned subsidiary of National Amusements, which is his privately held, family-owned company. CBS Corporation, likewise, is controlled by Redstone through National Amusements. Redstone also owns over eighty-nine percent of Midway Games, both individually and through National Amusements. National Amusements, Inc. ... Midway Games (NYSE: MWY) is an American video game publisher. ...


However, the Midway holdings has drawn the ire of the National Football League, as Midway's "Blitz: The League", a game using a fictional league (previous versions had an NFL license), featured gratuitous violence, excessive amounts of sex, and material which the NFL would have rejected, all while CBS has NFL rights. NFL redirects here. ...


In 2006 CBS Corporation's CBS Radio unit sued Howard Stern and Sumner has become the butt of criticism on his show along with CBS CEO Leslie Moonves. Redstone has acknowledged that Stern saw him in a restaurant in New York, and said "I'll be back," but added that Stern was joking.[citation needed] This article is a biography of Howard Stern as an individual; for information regarding his radio show see The Howard Stern Show. ... This article is about the broadcast network. ... Leslie Moonves (born December 23, 1948 in New York City) is President and Chief Executive Officer of CBS Corporation. ...


Books

His autobiography, A Passion To Win (which was co-written by Peter Knobler), was released in 2001 and published by Viacom's Simon & Schuster book publishing company. This book details everything from Sumner's life as a young boy in Boston, to the difficult takeover of Viacom, and the problems he overcame in purchasing and managing both Blockbuster Video and Paramount Pictures. There is also coverage of the legendary CBS merger (Viacom was a spin-off company of CBS to syndicate its programs, and the subsidiary bought the parent almost 30 years later).


Interestingly, Viacom's broadcasting properties at the time of "A Passion To Win"'s release included several radio stations and two TV stations (WBZ CBS 4 [which had just become a CBS O&O through a merger with Westinghouse 4 years before Viacom and CBS merged] and WSBK UPN 38) in Redstone's hometown of Boston.) WBZ-TV is the CBS owned-and-operated television station serving the Boston, Massachusetts television market. ... WSBK-TV, channel 38, is an independent television station licensed to Boston, Massachusetts, owned by the CBS Corporation. ...


Net worth

In 2007 he was ranked #86 on Forbes magazine's list of the hundred richest people in the world, with an estimated worth of US$8 billion. This article or section does not adequately cite its references or sources. ... The United States dollar is the official currency of the United States. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ...


Trivia

Midway Games, of which Sumner owns 89%, published a game called Gauntlet: Dark Legacy wherein one of the main characters is a wizard named Sumner. Image File history File links Broom_icon. ... Midway Games (NYSE: MWY) is an American video game publisher. ...


In 1979, at the age of 56, Sumner survived a Boston hotel fire by hanging onto a third story ledge with one arm while badly burned over most of his body.[3] Also: 1979 by Smashing Pumpkins. ...


In August 2006 Redstone ended a lucrative contract with actor Tom Cruise due to "behavior unacceptable to Paramount". This surprised some, as Cruise was their number one box office star. Some say it is because the film Mission: Impossible III underperformed at the box office, although it was still a hit at close to US$400 million worldwide revenues. Others say this is a warning to what some see as spoiled and overpaid actors. Tom Cruise (born Thomas Cruise Mapother IV on July 3, 1962) is an Academy Award-nominated, Golden Globe Award-winning American actor and film producer. ...


On March 7, 2007, Stephen Colbert called Redstone on his program The Colbert Report to apologize to him after having launched a polemic against him on the episode the night before in which he referred to Redstone as the Crypt Keeper. Redstone "forced" Colbert to Hokey Pokey after his apology. Although Redstone owns a media empire he doesn't appear on television or radio very often. This appearance on the Colbert Report marks a rare cameo on a television show or radio program. This article is about Stephen Colbert, the character. ... The Colbert Report (IPA: ) is an American satirical television program that airs from 11:30 p. ... Look up Polemic in Wiktionary, the free dictionary. ... mrs plenty. ... The Hokey Pokey is a participation dance that became popular in the USA in the 1950s. ...


Notes

  1. ^ Weddings/Celebrations: Paula Fortunato, Sumner M. Redstone, New York Times, April 6, 2003 [1]
  2. ^ Cf. "The Highwaymen" by Ken Auletta. Auletta also wrote that Redstone finished his Harvard undergraduate degree in two and a half years.
  3. ^ Vanity Fair Article, Page 2[2]

References

  • Auletta, Ken, "The Highwaymen", Harvest Books, 1998. ISBN 0156005735

Further reading

  • "Sumner's Fall: Freston's Firing Costs Him $113M" by Tim Arango, New York Post, September 7, 2006.

The New York Post is the 13th-oldest newspaper published in the United States and the oldest to have been published continually as a daily. ...

External links

  • Biography from Viacom
  • Forbes.com: Forbes World's Richest People

Photos


  Results from FactBites:
 
Sumner Redstone - Wikipedia, the free encyclopedia (1486 words)
Sumner Murray Redstone (born Sumner Murray Rothstein on May 27, 1923 in Boston, Massachusetts) is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates.
Redstone has commented publicly that his stock in Viacom will be left to his daughter, Shari Redstone (Vice Chairwoman of the Board of Viacom, President of National Amusements), although he has always been vague as to whether or not she would take more of an active role within the company.
Redstone publiclly stated that he let Freston go because of Viacom's lack of agressiveness in the digital/online arena, lack of contact with investors, and a lackluster upfront (coupled with falling viewership) at MTV Networks.
  More results at FactBites »

 
 

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