Sumner Redstone Dies at 97 | THR News - video Dailymotion

Hollywood Journal

Sumner Redstone, the hard-charging mogul who parlayed his father’s New England drive-in theater business into a media empire that now flows into virtually every avenue of entertainment, has died. He was 97.

Transcript

00:00Media mogul Sumner Redstone has sadly died at the age of 97.

00:05The hard-charging mogul who parlayed his father's New England drive-in theater business into a media empire

00:10that now flows into virtually every avenue of entertainment, died on Tuesday.

00:15Although a cause of death was not provided, sources said it was not related to COVID-19.

00:20Redstone was the controlling shareholder of the recently merged ViacomCBS and previously CBS Corp and Viacom,

00:26who made famous the mantra, content is king.

00:28His daughter and ViacomCBS chair Sherry Redstone said,

00:32Sumner Murray Rothstein was born on May 27, 1923 and raised in a lower-class section of Boston.

00:54A Harvard-trained lawyer who worked as a Japanese codebreaker during World War II

00:58and survived a near-fatal hotel fire in 1979.

01:02The single-minded Redstone was both respected and criticized for his litigious battles

01:06that won him Viacom in 1987 and then Paramount in 1994.

01:11Redstone's net worth was recently estimated by Forbes at $4.3 billion.

01:16He and his family, through national amusements,

01:18controlled about 80% of the voting shares of Viacom and CBS.

01:22For more on this story, head to THR.com.

01:24For The Hollywood Reporter News, I'm Neha Joy.

Sumner Redstone Dies at 97 | THR News

Category

Transcript

Be the first to comment

Recommended