Billionaire Sumner Redstone, media mogul who headed Viacom, dead at 97

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Billionaire Sumner Redstone, media mogul who headed Viacom, dead at 97
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Sumner Redstone, the media mogul who took his father’s movie theater chain and built it into an empire that included Paramount Pictures, CBS and MTV, has died at 97

NEW YORK - Viacom and CBS Chairman Emeritus , ViacomCBS and National Amusements said on Wednesday.

His position as one of the world’s leading media moguls had begun fading in 2015 as those close to him began questioning his mental capacity. The long-running legal battle that ensued put him at odds with a former girlfriend and long-time confidante Philippe Dauman but reunited him with his daughter Shari, from whom he had been estranged.

Since 2016, Shari pushed twice to merge CBS and Viacom. She’s also weathered a lawsuit aimed at diluting her family’s control of CBS, and a sexual misconduct scandal at CBS, which resulted in the September 2018 resignation of CEO Les Moonves. Viacom and CBS re-merged in 2019. Before his health deteriorated, Redstone had claimed to swim naked every day and always liked to be surrounded by beautiful young women.

Former girlfriend Manuela Herzer challenged Redstone’s mental competence in a lawsuit filed in November 2015, referring to him as a “living ghost.”

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