Shari Redstone, the billionaire media heiress whose family owns CBS and Viacom, thinks the media industry has a poor “track record” when it comes to paying its executives. “I believe that it should be performance-based,” Redstone told a crowd at … Read more…
Tag: Redstone
Shari Redstone shuts down rumor about conservative news channel
Shari Redstone has no plans to launch a conservative news channel to compete with Fox News, reps for the billionaire media heiress said. According to The Hollywood Reporter on Tuesday, Redstone, who serves as vice chairwoman of CBS and Viacom, … Read more…
Sumner Redstone reaches settlement with former live-in girlfriend
Sumner Redstone and his family have agreed to settle their bitter legal battle with the ailing media tycoon’s former live-in girlfriend, Manuela Herzer. The case — which has rocked the media empire that controls CBS and Viacom for more than … Read more…
