Shari Redstone has discussed adding new directors to the CBS board as she renews her push to merge the company with Viacom.
As Rupert Murdoch moves to sell off wide swaths of his media and entertainment business, he is also throwing into confusion the line of succession.
CNBC's Julia Boorstin provides highlights from this year's Code Conference where CBS & Viacom Vice-Chair Shari Redstone commented on the future of Viacom and the potential of new digital content. And Time Warner's Jeff Bewkes weighs in on the tech-content connection.
Redstone has sued Sydney Holland and another ex-girlfriend over $150 million in gifts he gave them over the years.
CNBC's Julia Boorstin reports the latest on Sumner Redstone and the Viacom board, where Redstone will retain his chairman emeritus title and participate in a non-voting way.
CNBC's Carl Quintanilla reports that Sumner Redstone has announced via a proxy that he will be stepping down from the board of Viacom in February.
Sydney Holland's legal action comes three days after she claimed Redstone paid millions of dollars to multiple women.
Media titan Sumner Redstone gave out many millions of dollars to multiple mistresses, new legal filings claim.
Mario Gabelli, GAMCO Investors chairman & CEO, weighs in on the likelihood of a Viacom/CBS merger and why he would like to see Bob Iger run it. Also Gabelli shares his thoughts on the AT&T/Time Warner deal, and the future of News Corp.
The media mogul says he was forced to borrow $100-million from the private company that holds his voting shares of CBS and Viacom.
Sumner Redstone sued two ex-girlfriends, alleging he was forced to borrow from the private company that holds his voting shares of CBS and Viacom.
CNBC's Julia Boorstin reports the latest on the Sumner Redstone saga as he files lawsuits against his ex-girlfriends for alleged "elder abuse."
Les Moonves, the head of CBS, would need assurances on how owner Shari Redstone would vote her shares, Recode reports.
National Amusements is asking Viacom and CBS to consider recombining, reports CNBC's Julia Boorstin.
National Amusements has issued a letter to CBS and Viacom asking them to consider a re-combination, reports Andrew Ross Sorkin.
Shari Redstone may be posed to merge Viacom and CBS, reports CNBC's Landon Dowdy.
Anthony DiClemente, Nomura senior media analyst, shares his thoughts on whether it makes sense for CBS to acquire Viacom, and if "skinny" bundles are going to be profitable.
Viacom has hired Morgan Stanley and LionTree to review its capital structure, as it seeks ways to shore up finances in the face of falling ad sales.
Viacom also affirmed its support for Brad Grey as head of Paramount Pictures movie studio in a statement Friday.
A Massachusetts probate court judge said Friday he has "some concerns" about how much information was being given to Sumner Redstone.