Latest in Shari Redstone

Joseph Ianniello, the former acting CBS CEO, denied claims of unjust enrichment and other allegations in a shareholder lawsuit contesting the 2019 merger of Viacom and CBS. The suit in Delaware Chancery Court largely targets majority owner Shari Redstone for allegedly stacking the Viacom board with allies and jamming…

Shari Redstone, chair of ViacomCBS, stepped out out in force Wednesday, announcing that the company about to be discussed for the next three hours “is not your father’s Viacom. And it’s not my fathers' either.” Redstone was kicking off a streaming event months in the making ahead of the launch of Paramount+ on March 4…

A Delaware Chancery Court Wednesday rejected Shari Redstone's motion to dismiss a shareholder lawsuit claiming she breached her fiduciary duty by pushing allies to ram through the Viacom-CBS merger at stockholder expense in a quest to attain the status of "media magnate" like her father, the late Sumner Redstone. A…

"I imagine we will be on his radar and I think it is likely the IRS will start auditing my taxes, but that's just a guess," The Comey Rule director Billy Ray said  today on how Donald Trump will react to the upcoming Showtime event series. "I think at the very least, I'm in for a mean nickname on Twitter," the Captain…

As they say, it couldn't have happened to a nicer guy – in the best way. Nearly 25 years after joining CBS as a media relations executive, Chris Ender today was named communications chief for the CBS Entertainment Group. "Reporting to me, Chris will be responsible for all public relations, media relations and…

A day after The Comey Rule writer/director Billy Ray released a letter to the cast lamenting the decision by ViacomCBS to slot the limited series until after the presidential elections in November, Showtime has just announced an about-face. The limited series will now air Sunday, September 27 and 28 at 9 PM. The…

UPDATE: Maybe this is not as done a deal as the cast and director of The Comey Rule were told. Sources now tell me that the programming schedule is in flux due to COVID-19 and that some productions were delayed. As a result, several date changes will soon be made. Most important here, it is now looking likely that The…

Showtime has just set a late November premiere date over two nights for its limited series The Comey Rule, the $40 million budget adaptation of A Higher Loyalty, the book by former FBI head James Comey that is about his battles with President Donald Trump. The network released the first images of Gleeson playing…

Shares of ViacomCBS are surging 10% Monday, way outpacing an already buoyant market, as chair Shari Redstone told the company's annual meeting that she's committed to boosting shareholder value and a stock that's been under immense pressure for months. The shares are changing hands at about $19, well off a 52-week low…

Alex Rodriguez is among three new members of The Paley Center for Media’s Board of Trustees, with top executives from Macro, Sony Pictures TV and Tyler Perry Studios joining the organization’s Los Angeles Board of Governors. Former MLB star and broadcaster Rodriguez, CEO of A-Rod Corp., joins Eddy Cue, Senior VP…

National Amusements, the Redstone family holding company, was placed on negative credit watch by ratings agency S&P Global after shares of ViacomCBS – which NAI uses as debt collateral – skidded so low over the past three weeks that the parent was in technical default on a bank loan. That’s a headache for NAI but also…

Following nearly 30 years at CBS, EVP Dana McClintock is heading out the door of the now merged ViacomCBS this summer. “After 27 years in CBS Communications, I've had a hand in writing a variety of goodbye memos, and now it's time for a version of my own,” McClintock said today in a memo to staff announcing his exit…