August 12, 2020

Media mogul Sumner Redstone dead at 97

New York (AFP) – Sumner Redstone, who built a media empire that includes ViacomCBS with a string of high-profile takeovers, has died at the age of 97, his companies said Wednesday.Statements from ViacomCBS and his National Amusements holding company announced that Redstone, who had been in declining health for several years, died late Tuesday.Redstone built his company from a modest drive-in movie chain into a major cinema operator, maintaining leadership of the enterprise and prominence in the media industry well into his 80s.In the 1980s, Redstone engineered a hostile takeover of Viacom, a s…

source https://this.kiji.is/en/666276166603883617?c=648607265489716321

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