Sumner Redstone’s daughter, Shari: her   influence over the companies has waxed and waned in tune with her relationship with her ageing father. Photograph: Ryan Stone/The New York Times
The business of family feuds
  • Work
  • August 30, 2019, 05:44

“All happy families are alike; each unhappy family is unhappy in its own way.” Tolstoy’s opening lines to Anna Karenina apply equally to family busine(...)

Downing Street cheer: US national security adviser and Brexit-enthusiast John Bolton is greeted by UK chancellor Sajid Javid. Photograph: Chris J Ratcliffe/Getty Images.

Image of the week: Joining the queue US national security adviser John Bolton, as a veteran government official and ex-diplomat, isn’t especially ren(...)

A woman exits the Viacom headquarters in New York. Photograph: Lucas Jackson/File Photo/Reuters

CBS and Viacom have reached an agreement in principle, sources familiar with the matter said on Tuesday, reuniting media mogul Sumner Redstone’s US en(...)

Leslie Moonves the former chairman and chief executive of  CBS. Photograph: Reuters

Leslie Moonves, the top executive at CBS Corp since 2006 and a major figure at the broadcast network and media company for more than two decades, res(...)

Emily Blunt and Millicent Simmonds in the horror blockbuster A Quiet Place, from Paramount Pictures. Photograph: Jonny Cournoyer

The surprise success of the horror film A Quiet Place made a big noise at Viacom, helping earnings top estimates and sending the shares on their bigg(...)

Les Moonves (right)  and his wife Julie Chen. The US TV executive has been accused of harassment by six women. File photograph: Kevork Djansezian/Reuters.

Allegations of sexual harassment have been made againt the chief executive of US broadcaster CBS, Les Moonves, who is regarded as one of the most powe(...)

Viacom says it will no longer seek a minority investor for Paramount Pictures, and that interim CEO Tom Dooley will leave the company. Photograph: Lucas Jackson/Reuters

Viacom slashed its quarterly dividend by 50 per cent on Wednesday and said interim chief executive Tom Dooley would leave the company. Viacom also sa(...)

Teenage Mutant Ninja Turtles: Viacom’s profit dropped 29 per cent in the third quarter, marred by the box office flop of Paramount’s latest ‘Teenage Mutant Ninja Turtles’ film and lower advertising revenues at its cable channels

The months-long battle over 93-year-old Sumner Redstone’s $40 billion (€35 billion) media empire has come to an end. Viacom on Saturday night announce(...)