Sumner Redstone, who built media empire including CBS, dies - News Summed Up

Sumner Redstone, who built media empire including CBS, dies


Sumner Redstone, who built media empire including CBS, dies Sumner Redstone, who built a media empire from his family’s drive-in movie chain, has diedSumner Redstone, who joined his family's drive-in movie chain in the 1950s and used it to build a vast media empire that included CBS and Viacom, has died. Son Brent Redstone once sued his father to break up his media empire — then settled for a princely sum to give up his voting shares. A lanky man with a thick Boston accent, Redstone often told interviewers that “content is king.” And he was right. The privately held company became the base for his media empire, and the source of all his family’s feuds. CBS and Viacom agreed to merge in 2019, undoing the split Redstone carried out 13 years earlier.


Source: ABC News August 12, 2020 12:43 UTC



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