The Limited Times

Now you can see non-English news...

Farewell to Sumner Redstone, US media tycoon

2020-08-12T13:52:22.430Z


Sumner Redstone, the media tycoon who transformed a family drive-in chain into an empire spanning CBS to Viacom, has died at 97. (HANDLE)


(ANSA) - NEW YORK, AUG 12 - Sumner Redstone, the multimedia tycoon who transformed a family drive-in chain into an empire that ranged from CBS to Viacom, has died at the age of 97.
    "Patience is a virtue that I do not respect," said the billionaire who four years ago was ousted from the leadership of the group in light of his precarious state of both physical and mental health.
    In recent years, Redstone, whose personal fortune last November was still estimated at $ 3.9 billion, had been at the center of a long family dispute that had pitted his son Brent against his daughter Sheri and also involved his last lover Manuela Herzer, envious of having been excluded from the will.
    After being separated 14 years ago by Redstone, CBS and Viacom were married for the third time last August. From the agreement valued at 30 billion dollars and wanted by his daughter Sheri, ViacomCbs was born, a giant of media, entertainment and content production which includes MTV, the Paramount studios, the CBS eShowtime television networks and the Simon and Schuster publishing house. (HANDLE).

Source: ansa

All life articles on 2020-08-12

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.