Sumner M. Redstone Charitable Foundation

DEDHAM - Movie theater operator National Amusements Inc., which is controlled by Sumner Redstone, said Monday it has concluded its sale of $233 million in Viacom Inc. and...  

INVESTORS COULD GAIN FROM the financial pain being felt by Sumner Redstone, the chairman and controlling shareholder of CBS and Viacom.  

It is, perhaps, fitting that Viacom and CBS chief Sumner Redstone's holding company is called National Amusements, because this economic crisis surely is a national freakin' amusement. Redstone's company, of course, is named after the chain of 1,500 movie theatres his family owns, and which also...  

Friday's shock selloff by Sumner Redstone had Viacom's (NYSE: VIA) stock reeling, but company CEO Philippe Dauman remained confident about the outlook for his company, he said at the Mipcom keynote today. Late last week Redstone announced a $233 million sell-off in CBS (NYSE: CBS) and Viacom...  

After spending decades building a huge and diverse media empire, Sumner Redstone was shocked to find himself in an unusually vulnerable position late last week, forced to sell off a big chunk of his holdings in Viacom Inc. and CBS Corp. Mr. Redstone ...  

Sumner Redstone famously began his 2001 autobiography with the words "Viacom is me." Maybe its time he assumed a new identity. In the wake of news that his private company National Amusements was carrying a heavy debt burden of a much as $1.6 billion ...  

... by media mogul Sumner Redstone, said Monday that it sold little more than half of the $400 million worth of shares of Viacom Inc. (VIA) and CBS Corp. ...  

Business News: Mogul plans to move shares in Viacom, CBS -- By the end of the worst week in the stock market's history, Sumner Redstone was forced to disclose plans to sell $400 million worth of nonvoting shares in Viacom and CBS to pay down debt at his holding company, National Amusements.  

Movie theater operator National Amusements Inc., which is controlled by Sumner Redstone, said Monday it has concluded its sale of $233 million in Viacom Inc.  

Variety Ad Pullback Doesn't Spare National TV Wall Street Journal - 23 hours ago But few media companies have publicly disclosed much impact on national advertising for broadcast or cable TV. In a sign that national advertising is, ... Gaining from Sumner Redstone's Pain Barron's Slowing Ad...  

In what looks like a margin call of massive proportions, billionaire media tycoon Sumner Redstone is being forced to unload $400 million worth of nonvoting shares in CBS and Viacom.  

NEW YORK, Oct. 11 (UPI) -- U.S. theater chain owner Sumner Redstone is dumping his stake in Viacom and CBS Corp., analysts say.  

Billionaire Sumner Redstone got caught in the credit crunch Friday. The 85-year-old mogul, who has long bragged about his financial savvy and competitive drive, was forced to sell a fifth of his family's stake in his two media companies -- Viacom Inc. and CBS Corp. -- on a day when the...  

Associated Press - October 10, 2008 1:33 PM ET DEDHAM, Mass. (AP) - Movie theater operator National Amusements Inc., which is controlled by Sumner Redstone, plans to sell some of its nonvoting...  

Billionaire Sumner Redstone got caught in the credit crunch Friday. The 85-year-old mogul, who has long bragged about his financial savvy and competitive drive, was forced to sell a fifth of his family's stake in his two media companies -- Viacom Inc ...