Sumner Redstone Profile, Biography, About

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• Difference Between Media Mogul and CEO? $10 Million Monday, 6 May 2013 | 5:14 AM ET

  

  What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.

• WRAPUP 3-Viacom and CBS beat expectations in tough TV ad market Wednesday, 1 May 2013 | 6:21 PM ET

  May 1- Sumner Redstone had a good day on Wednesday as his two companies Viacom Inc and CBS Corp reported quarterly results that beat Wall Street estimates on the back of unexpectedly strong TV advertising revenue. Viacom shares touched a new multiyear high before closing up 2.6 percent on the Nasdaq, while CBS shares rose 1 percent in after-hours trading.

• UPDATE 1-Google again beats Viacom in YouTube copyright case Thursday, 18 Apr 2013 | 6:09 PM ET

  April 18- A federal judge has thrown out Viacom Inc's lawsuit accusing Google Inc of posting its programs on YouTube without permission, a year after a federal appeals court had revived the landmark copyright infringement case.