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Viacom

December 28, 2016

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Away from politics, in 2016 many family enterprises have been wrangling with the ever-present challenge of succession or exploring artificial intelligence, while we farewell Mars family patriarch Forrest E. Mars Jr. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

December 16, 2016

European media families clash over Mediaset, Redstone family withdraws merger discussions for CBS/Viacom, China’s wealthiest entrepreneur likely to hand over to non-family executives

European media families clash over Mediaset

What happens when you combine two European family business media giants, their investment egos, and an Italian broadcaster?

August 5, 2016

AB InBev clears China hurdle in SABMiller takeover deal; South Korea bans almost all VW cars over emission scandal; and Viacom Q3 results strengthen Redstone case

AB InBev clears China hurdle in SABMiller takeover deal

Family-controlled brewer AB InBev, which produces brands such as Stella Artois, Budweiser and Corona, cleared a major hurdle towards its takeover of SABMiller this week after receiving regulatory approval from China.

May 12, 2016

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

The case of US billionaire Sumner Redstone highlights tensions when the mental capacity of business leaders is questioned.

February 5, 2016

National Amusements third-gen Shari Redstone was the only vote from the board of directors at Viacom, her family’s media empire, opposing the appointment of Philippe Dauman as chairman on Thursday.

 

National Amusements third-gen Shari Redstone was the only vote from the board of directors at Viacom, her family’s media empire, opposing the appointment of Philippe Dauman as chairman on Thursday.

Her father, Sumner Redstone, 92, announced his retirement on Thursday. He had announced his retirement as chairman of the family’s other media empire CBS on Wednesday, where he will be replaced by its existing CEO and president Leslie Moonves.

February 4, 2016

Sumner Redstone’s expected resignation from family media empire Viacom today could unleash a succession battle between its non-family chief executive and his daughter, Shari, who has released a pointed statement about leadership at the company.

Sumner Redstone’s expected resignation from family media empire Viacom today could unleash a succession battle between its non-family chief executive and his daughter, Shari, who has released a pointed statement about leadership at the company.

Nonagenarian Redstone, 92, announced his retirement as chairman of the family’s other media empire CBS yesterday, where he will be replaced by its existing CEO and president Leslie Moonves.

May 8, 2015

Nonagenarian Viacom and CBS chairman Sumner Redstone has been forced to release a statement that he has no plans to retire, following media speculation he is in poor health.

Nonagenarian Viacom and CBS chairman Sumner Redstone has been forced to release a statement that he has no plans to retire, following media speculation he is in poor health.

Redstone added that despite press reports to the contrary, no decision on his successor had been made.

October 15, 2009

National Amusements Inc, the family-controlled cinema and broadcasting company, announced today it is to sell $945 million worth of stocks in order to repay all of its existing debts.

National Amusements Inc, the family-controlled cinema and broadcasting company, announced today it is to sell $945 million worth of stocks in order to repay all of its existing debts.
 

July 31, 2009

Sumner Redstone, head of family-owned company National Amusements, has been in court this week over claims he owes millions of dollars to his nephew, Michael, after a share sale in 1984.

Sumner Redstone, head of family-owned company National Amusements, has been in court this week over claims he owes millions of dollars to his nephew, Michael, after a share sale in 1984.

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