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Jun 19, 2024 · The Redstone clan came into the picture in mid-1994 when Shari Redstone’s father, the late mogul Sumner Redstone, acquired Paramount Pictures. The elder Redstone’s Viacom merged with the ...
1 day ago · Now, control of Paramount rests with Sumner’s daughter, Shari Redstone. Acquiring National Amusements would grant control over Paramount and its valuable studio library, bypassing the need for a ...
Jun 12, 2024 · The studio's library consists of more than 1,000 titles, including "Star Trek," "Godfather," and "Mission Impossible," with rights to an additional 2,500 films.
Jun 17, 2024 · Flashback: Like many media companies, Paramount is controlled by a powerful minority investor — in this case, Shari Redstone, who inherited it from her father Sumner in a family drama that helped inspire HBO's "Succession."
Jun 5, 2024 · At the heart of Paramount's control is Shari Redstone, who holds a significant stake due to her father, Sumner Redstone. Sumner was a media mogul, the driving force behind Viacom and CBS Corporation, which later merged to form ViacomCBS, rebranded as Paramount in 2022.
Jun 7, 2024 · Shari Redstone will decide the fate of Paramount and the future of some of America’s most recognized cultural icons.
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Jun 26, 2024 · Viacom is owned by American mogul Sumner Redstone, who, together with his family, owns over 70% of stock of Viacom and CBS Corporation through the firm National Amusements. His daughter, Shari Redstone (Vice President of the board of directors of Viacom and CBS), is the next in line to lead her father’s business.
