Shari Redstone
Encyclopedia
Shari Ellin Redstone is an American businesswoman. She is the president of National Amusements
, vice-chairman of CBS Corporation
and Viacom
, and on December 21, 2007 became chairman of Midway Games
(a position she subsequently relinquished in December 2008 when her father Sumner Redstone
sold all his stock in the company). Through National Amusements, Shari Redstone and her family are majority owners of CBS Corporation
, Viacom
, et al.
She is the daughter of Sumner Redstone
and Phyllis Gloria Raphael, sister of Brent Redstone
, granddaughter of Michael Redstone
(who changed his name from Michael Rothstein), and a 1975 Bachelor of Science graduate of Tufts University
. She also received her law degrees at Boston University School of Law
in 1978 (LLB) and in 1980 (LLM).
Mrs. Redstone and her father have feuded publicly over issues of corporate governance and the future of the cinema chain. 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. The trusts are said to make it clear that Shari Redstone, Vice-Chairwoman of the Board of Viacom
and CBS
, is to assume her father's role upon his death.
National Amusements
National Amusements, Inc. is a privately owned theatre company based in Dedham, Massachusetts, USA. The company was founded in 1936 as the Northeast Theatre Corporation by Michael Redstone....
, vice-chairman of CBS Corporation
CBS Corporation
CBS Corporation is an American media conglomerate focused on commercial broadcasting, publishing, billboards and television production, with most of its operations in the United States. The President and CEO of the company is Leslie Moonves. Sumner Redstone, owner of National Amusements, is CBS's...
and Viacom
Viacom
Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...
, and on December 21, 2007 became chairman of Midway Games
Midway Games
Midway Games, Inc. is an American company that was formerly a major video game publisher. Following a bankruptcy filing in 2009, it is no longer active and is in the process of liquidating all of its assets. Midway's titles included Mortal Kombat, Ms.Pac-Man, Spy Hunter, Tron, Rampage, the...
(a position she subsequently relinquished in December 2008 when her father Sumner Redstone
Sumner Redstone
Sumner Murray Redstone is an American media magnate. He is the majority owner and Chairman of the Board of the National Amusements theater chain...
sold all his stock in the company). Through National Amusements, Shari Redstone and her family are majority owners of CBS Corporation
CBS Corporation
CBS Corporation is an American media conglomerate focused on commercial broadcasting, publishing, billboards and television production, with most of its operations in the United States. The President and CEO of the company is Leslie Moonves. Sumner Redstone, owner of National Amusements, is CBS's...
, Viacom
Viacom
Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...
, et al.
She is the daughter of Sumner Redstone
Sumner Redstone
Sumner Murray Redstone is an American media magnate. He is the majority owner and Chairman of the Board of the National Amusements theater chain...
and Phyllis Gloria Raphael, sister of Brent Redstone
Brent Redstone
Brent Redstone is an American entrepreneur. He is the one-sixth owner of National Amusements, which is the majority owner of CBS Corporation, Viacom, MTV Networks, BET. National Amusements is also the majority owner of Paramount Pictures, which deals in movie production and distribution,...
, granddaughter of Michael Redstone
Michael Redstone
Michael Redstone, born Michael Rothstein, was the founder of the Northeast Theater Corporation which has become National Amusements, Inc., which owns CBS Corporation, Viacom, music networks MTV Networks, and BET, with movie production and distribution Paramount Pictures and DreamWorks movie...
(who changed his name from Michael Rothstein), and a 1975 Bachelor of Science graduate of Tufts University
Tufts University
Tufts University is a private research university located in Medford/Somerville, near Boston, Massachusetts. It is organized into ten schools, including two undergraduate programs and eight graduate divisions, on four campuses in Massachusetts and on the eastern border of France...
. She also received her law degrees at Boston University School of Law
Boston University School of Law
Boston University School of Law is the law school affiliated with Boston University, and is ranked #22 among American law schools by US News and World Report magazine. It is the second-oldest law school in Massachusetts and one of the first law schools in the country to admit students regardless...
in 1978 (LLB) and in 1980 (LLM).
Mrs. Redstone and her father have feuded publicly over issues of corporate governance and the future of the cinema chain. 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. The trusts are said to make it clear that Shari Redstone, Vice-Chairwoman of the Board of Viacom
Viacom
Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...
and CBS
CBS
CBS Broadcasting Inc. is a major US commercial broadcasting television network, which started as a radio network. The name is derived from the initials of the network's former name, Columbia Broadcasting System. The network is sometimes referred to as the "Eye Network" in reference to the shape of...
, is to assume her father's role upon his death.
External links
- The Talented Ms. Redstone (2002)
- Tufts E-News: Media Mogul In Training (May 2, 2002)
- Shari Redstone Is Expected To Leave Viacom's Board (July 19, 2007)
- Father Daughter Split at Viacom (2007-07-30)