Latest in Philippe Dauman

Philippe Dauman’s ego may have been bruised this year when his effort to keep the top job at Viacom failed. But his bank account wasn’t. He saw $93 million in compensation for the fiscal year that ended in September, the company says in a proxy just filed at the SEC. The package included $3.6 million in salary, $13.8…

EXCLUSIVE: Before Brad Grey showed footage from Paramount’s Oscar contenders and future slate highlights in New York last week and in Los Angeles last night, he promised a new chapter for Paramount Pictures. Though brief, his appearances marked his re-emergence as the studio's public face. And really, who could blame…

Sumner Redstone will meet face-to-face with his granddaughter Keryn as part of a wide-ranging resolution of several disputes raised at the Massachusetts Probate and Family Court. The agreement also cleared all objections to former Viacom CEO Philippe Dauman and director George Abrams’ effort to back away from the…

Sumner Redstone and his National Amusements (NAI) theater chain asked a Massachusetts court today to dismiss a plea by his granddaughter, Keryn, to investigate last week’s deal to settle lawsuits by former Viacom CEO Philippe Dauman. In filings ahead of a hearing tomorrow, the 93-year-old mogul’s team says that…

A regulatory filing this morning by Viacom confirms and reveals details of Philippe Dauman’s $72 million-plus settlement package with controlling shareholder Sumner Redstone. The deal includes a severance payment of $58 million, with $46.4 million of that “payable on the release date,” with the rest “paid in…

Peter Bart and Mike Fleming Jr. worked together for two decades at Daily Variety. In this weekly column, two old friends get together and grind their axes, mostly on the movie business. BART: Shari Redstone finally succeeded in dumping Philippe Dauman over the weekend—a bountiful $72 million exit package helped…

So what should Viacom do now? That’s the big question on Wall Street today as investors digest the agreement, completed over the weekend, that re-affirms Sumner and Shari Redstone’s power at the entertainment company. It ends two lawsuits challenging the competence of 93-year-old Sumner, with Philippe Dauman…

Updated with Redstone response: Viacom civil war ended with an agreement that led to Philippe Dauman’s exit last week as CEO. But the Battle of the Redstones continues with a court complaint today by Sumner Redstone’s granddaughter, Keryn. Calling the settlement deal a “palace coup,” she wants the Massachusetts…

Following unanimous approval by the Boards of Directors of Viacom and National Amusements Inc. of a settlement in the ongoing dispute over Viacom leadership, Philippe Dauman has stepped down as president and CEO of Viacom. Thomas Dooley, Viacom Chief Operating Officer since 2010 and a 36-year company veteran, has been…

Lawyers are still working out details of the deal Viacom’s board approved last night making Tom Dooley the interim CEO while Philippe Dauman remains as Non-Executive Chairman to September 13. But Dooley, in a memo to staffers, just confirmed the main points reported last night. Here’s what he wrote: Good…

Viacom watchers have more questions than answers about the company’s fate following last night’s board vote for a deal that reaffirms the power of controlling shareholder Sumner Redstone — and his daughter, Shari. The stock rose 1.5% today as everyone waited for lawyers to nail down the fine points. But the main terms…

UPDATED with additional details: The war between Viacom CEO Philippe Dauman and the company’s dominant shareholder Sumner Redstone is over. Viacom’s board just approved an arrangement with Dauman giving up his role as CEO but remaining as non-Executive Chairman until September 13, when he will leave with a $72 million…