shari redstone political affiliation

10 Dec shari redstone political affiliation

The Center for Responsive Politics. [24] The CBS board announced that Les Moonves replaced Sumner Redstone as CBS Chairman. She currently serves as the chairman of ViacomCBS and president of National Amusements; she formerly served as the vice-chairman of CBS Corporation and Viacom. End Of The Drama: Sumner Redstone’s Death Leaves Only One Intrigue For ViacomCBS, Sumner Redstone, Billionaire Media Magnate, Dies At 97, Master, Boston University; Bachelor of Arts/Science, Tufts University. Shari Redstone will have a critical ally in Bob Bakish, who had been running Viacom International Media Networks. Now Shari Redstone has been handed a large bag of rocks. She stated that she wanted the chairs of each company to be "not a Trustee of my father's trust or otherwise intertwined in Redstone family matters," and she nominated Les as the CBS chair. She declined the role of non-executive chairman of both CBS and Viacom. Photo by Jamel Toppin/The Forbes Collection; In just the last two years, the media business has undergone a massive transformation through deal-making: AT&T- Time Warner, ViacomCBS, Disney-Fox, and Discovery-Scripps. With government antitrust focus on the digital giants, is more in store for traditional media deal-making? [43], National Center on Addiction and Substance Abuse, "Former Redstone Son-in-Law Quits Theater Chain", "Inside the Battle for Sumner Redstone's $40 Billion Media Empire", "Shari Redstone: 5 Fast Facts You Need to Know", "Shari Redstone: The 100 Most Influential People of 2020", "List of Private Companies Worldwide, Letter - Businessweek", "Shari Redstone Says U.S. Has Too Many Cinemas, 'Thousands' Should Close - Bloomberg", "Foxboro, MA: National Amusements Debuts New Upscale Cinema Concept at Patriot Place - The BigScreen Cinema Guide", "4/30/2002, The Bridge: Cinema De Lux - Almanac, Vol. Instagram, Twitter, Facebook, Images, Youtube and more on IDCrawl - the leading free people search engine. Initially designated as interim CEO, … (Stephen Smith / Sipa USA) [25], On January 17, 2018, the Wall Street Journal reported that Shari Redstone was pushing for CBS Corp. to merge with Viacom, with Redstone also gathering names for new board members at CBS. CBS, Viacom, Paramount Studios and Simon & Schuster were some of the huge media brands Redstone held over his lifetime. [18][19], In 2007, Redstone and her father feuded publicly over issues of corporate governance and the future of the cinema chain. Shari Ellin Redstone (born April 14, 1954) is an American media executive with a background in numerous aspects of the entertainment industry and related ventures. The political affiliations of Viacom's board and senior management, however, could undercut the credibility of any action the board may take. Shari Redstone Explores Plan to Launch Fox News Competitor (Exclusive) 10:11 AM PDT 10/15/2019 by Kim Masters , Paul Bond FACEBOOK; TWITTER; EMAIL ME; Drew Angerer/Getty Images. The future of Viacom and its film studio, Paramount, hinge on the battle between Shari Redstone and Philippe Dauman for control of Sumner Redstone’s trust, (Photo credit by Frazer Harrison/Getty Images) In a Los Angeles court today, a judge dismissed the lawsuit that challenged billionaire Sumner Redstone's mental capacity to make healthcare decisions. She received her law degrees at Boston University School of Law in 1978 (J.D.) [20] Documents have been made public which verify that, as part of a settlement from Sumner's first divorce, all of Sumner's stock is in irrevocable trusts that will be left to his grandchildren. Shari Redstone has no plans to launch a conservative news channel to compete with Fox News, reps for the billionaire media heiress said. [11][12][13][14][15], In 2000, while at National Amusements, Redstone entered the Russian theater market, giving patrons there the opportunity to experience high-end luxury theaters. Will Shari Redstone Find A Buyer For A Combined CBS-Viacom? Shari is now vice chairman of the boards of both CBS and Viacom and the president of National Amusements. [21], In 2011, Redstone became co-founder and managing partner of Advancit Capital, LLC,[22] an investment platform focusing on early stage in media, entertainment and technology. She successfully facilitated the 2019 $12 billion merger deal … But trying to figure out where Shari Redstone is based is no easy task. Shari Ellin Redstone (born April 14, 1954) is an American media executive with a background in numerous aspects of the entertainment industry and related ventures. Redstone, the daughter of media mogul Sumner Redstone, is chairwoman of media empire ViacomCBS. She graduated with a bachelor of science degree from Tufts University in 1975. © 2020 Forbes Media LLC. In a letter sent to Forbes five months later, he publicly blasted her for making an effort to succeed him as chair of Viacom and CBS, saying she and her brother, Brent, had made “little or no contribution” to building the media empire. [9], Since 1999, she has been president of National Amusements, one of the top ten movie exhibitors in the United States. View CNN's Sumner Redstone Fast Facts for a look at the life of the owner of National Amusements, Inc., the parent company of Viacom, Inc., and CBS Corp. A period of estrangement between Shari Redstone and her combative father, Sumner Redstone, ended with a reconciliation before his death and the daughter taking over the family empire. [5] She currently serves as the chairman of ViacomCBS and president of National Amusements; she formerly served as the vice-chairman of CBS Corporation[6] and Viacom. Women in entertainment—from ViacomCBS Inc. chairwoman Shari Redstone to singer Beyoncé and more—comprise 14 spots on our 2019 list of the world's 100 most powerful women. He was […] Its biggest success: the nearly 10 million users who watch its monsters on Facebook’s fledgling video service, Watch. Getty Shari Redstone Shari Redstone is the American media executive who owns the controlling shares of both CBS and Viacom. The Redstone family investment firm, National Amusements Inc., controls nearly 80% of CBS’ and Viacom’s voting shares. [26], On February 4, 2016, against Shari Redstone's desires,[27][28][29] Viacom's board of directors named Philippe Dauman, already the CEO and president, the chairman, replacing Sumner Redstone. 48, No. She practiced corporate law, estate planning and criminal law in the Boston area before joining National Amusements. That must have been a hell of a flight. She sits on the local advisory board and executive committee for BUILD, a nonprofit organization that uses entrepreneurship to propel low income youth through high school and into college. Redstone, the daughter of media mogul Sumner Redstone, is chairwoman of media empire ViacomCBS. Shari Redstone’s appointment to lead the remerged Viacom and CBS was unexpected by almost anyone who has followed the battles within this family media business. She also has another quality both likely envy: she is a member of Redstone… [18] Redstone and her partners then sold Rising Star Media to Russian theater operator Cinema Park in 2011. “In the midst of closing a merger between CBS and Viacom, Shari Redstone is quietly exploring a plan to launch a conservative TV outlet meant to square off with the Fox News Channel,” sources tell the Hollywood Reporter. The digital media investor has homes in Boston, New York and Connecticut, and is always on the road, according to … Facebook’s Surprising Video Standout Is A Horror Movie Startup, Shari Redstone And The Living Legacy Of Her Father's Media Empire. A CBS suit against Ms. Redstone over control of the company was dismissed in May 2018 as CBS Chief Leslie Moonves was ousted due to sexual misconduct. [30], On August 13, 2019, the Associated Press reported that Shari Redstone became the chair of the board for the reuniting of CBS and Viacom as ViacomCBS. Things were rough before the coronavirus hit. In the end, Shari Redstone was successful, reaching settlements under which the women dropped their claims. Billionaire Shari Redstone’s Son, 35, Deported From Israel for Flouting Quarantine to See Teen Lover Tom Sykes 6/15/2020 Grandma & stranger celebrate fifth Thanksgiving -- first without her husband Media M&A 2021: Are Big Deals In The Picture? Though Redstone has not revealed her personal politics to the public, she has spoken positively of President Trump and visited him in the White House earlier this year. [7] Through National Amusements, Redstone and her family are majority owners of CBS, Comedy Central, BET, Showtime Networks and the film studio Paramount Pictures. Redstone filed his own suit, accusing the women of stealing $150 million. [25] In 2016, Redstone, who at the time was vice chairperson of CBS and Viacom and president of National Amusements (the controlling shareholder of CBS and Viacom), gave the following statement on succession: "my father's Trust states his intention that I succeed him as (non-executive) Chairman at CBS and Viacom, and also names me as a Trustee after his death." [1], As of January 2018, Redstone is a member of the board of directors at Combined Jewish Philanthropies and the board of trustees at Dana Farber Cancer Institute. 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