Another legal battle emerged in June, when National Amusements moved to replace Mr. Dauman and four other directors on the Viacom board. And, most importantly, Mr. Redstone and Ms. Redstone now are decidedly in charge of the company’s future. He started at Viacom in 1980 and has been part of Mr. Redstone’s inner circle since the mogul wrested control of the company in 1987. While the fight for control over Mr. Redstone’s business empire has reached a resolution, Viacom’s business is in dire straits. Keryn Redstone, Mr. Redstone’s 34-year-old granddaughter, filed court documents in Massachusetts this month to join the lawsuit over his mental capacity.

Source: New York Times August 18, 2016 23:08 UTC