shari redstone political contributions

Kimberlee, 38, is a lawyer. In late 2016, Bakish was named Viacoms CEO and he began working to rebuild the company. Behind the scenes, Redstone was instrumental in refreshing the CBS board by bouncing veterans who were friends of her fathers. UPDATED: Cable giant Shari Redstone reportedly eyeing possible It Was Business, It Was Personal: The Redstones' Father-Daughter Feud Why is Frank McCourt really pushing it? He contributed $2,000 to Mr. Kerry and has given nearly $30,000 to Democratic groups and candidates in the past six years. degree in 1980 from Boston University School of Law. Paramount Gets $167 Million Settlement In CBS Shareholder Lawsuit You look at Sumner Redstones political contributions, said Cliff Kincaid of the conservative press watchdog group Accuracy in Media. They were hoping that would please Wall Street, but instead the stock dropped sharply. But even those may be a challengeaccording to someone who saw him recently, hes non compos mentis. (Sumners litigation attorney Rob Klieger, who just came from a visit with his client, told me he unequivocally dismisses as untrue this characterization.) Shari, meanwhile, has been pushing relentlessly to have the two companies reunited, despite the lack of a well-articulated industrial logic. But while the respective companies boards of directors grapple with exchange ratios, fairness opinions, the amount and timing of expected synergies, and which executives will lead the re-merged company, the months of deal-related floundering mask a more profound Oedipal struggle that has been raging within the Redstone family for years: the lengths a peeved Shari Redstone is willing to go to prove that, despite the desires of her physically and mentally slipping but very much still living father, 94-year-old Sumner Redstone, she is a player in Hollywood, in New York City media circles, and is the legitimate heir to his corporate empire. university This includes serving as Chair of the Board of Directors of Paramount Global as well as Chair, CEO, and President of National Amusements, a world leader in the motion picture exhibition industry. Su padre, Sumner Redstone, la haba considerado pblicamente como una 'don nadie', que contribua. But by the summer of 2015, those relations had frayed. Other Democratic-leaning donors on the Viacom board include: two Boston attorneys, George Abrams and David Andelman; a Manhattan investor, Philippe Dauman; the chairman of Bear Stearns, Alan Greenberg; a law professor at Yeshiva University, William Schwartz, and the president of the Bill & Melinda Gates Foundation, Patricia Stonesifer. He gave the maximum $2,000 to Mr. Kerry's presidential campaign and supported Vice President Gore's 2000 presidential bid as well. You're using Internet Explorer, some features might not work. All rights reserved. Those were largely symbolic moves, since his stake in the companies gave him firm command. One large CBS investor, Franklin Templeton, sold its longtime stake in the network, rather than stick around to see whether Shari can force a deal to be done. [10], Since 1999, she has been president of National Amusements, one of the top ten movie exhibitors in the United States. (Shari Redstone declined to comment, as did her attorney, Betsy Burnett, and her spokesperson, Sara Evans. Paramount chief Shari Redstone attended alongside Neeraj Khelmani, Gayle King, Norah O'Donnell, Tony Dokoupil and Nate Burleson. The other 10 . In its most recent fiscal quarter, Viacom hit a milestone when it reported that domestic advertising had increased for the first time in five years. As she cared for him in the mansion, he communicated through an iPad that was configured with three replies: yes, no and an unprintable term he used to express affection. Redstone has approached current and former Fox News personalities about such a plan, sources say, and she has spoken with former NBC News host Megyn Kelly. Stay informed and spot emerging risks and opportunities with independent global reporting, expert As a condition of the September 2018 settlement, she agreed to not try to orchestrate a merger with Viacom for at least two years. . But shes finally out from under her fathers shadow, and I think shes driven to make a name for herself and prove what else she can do.. Redstone, the daughter of media mogul Sumner Redstone, is chairwoman of media empire ViacomCBS. If she refused, he wrote, he would not allow her or her children to attend his funeral or in any way be involved in his burial arrangements. degree in 1978 and her LL.M. None of the members of Viacoms board consented to be interviewed for this story. Shari Redstone Bio, Age, Family, Husband, Children, Salary, Net Worth Roy Wood Jr. Roasts POTUS, VP Harris "Scandal," Tucker Carlson & "A* As many of my most loyal readers know, I've been predicting this for years. The two men who act as co-chief operating officers of Viacom, Leslie Moonves and Thomas Freston, also favor Democrats. The political affiliations of Viacoms board and senior management, however, could undercut the credibility of any action the board may take. [43], list of the 100 most influential people in the world, list of the World's 100 Most Powerful Women, International Union of Operating Engineers, National Center on Addiction and Substance Abuse, "Former Redstone Son-in-Law Quits Theater Chain", "Inside the Battle for Sumner Redstone's $40 Billion Media Empire", "Shari Redstone: 5 Fast Facts You Need to Know", "Shari Redstone: The 100 Most Influential People of 2020", "The World's 100 Most Powerful Women 2022", "List of Private Companies Worldwide, Letter - Businessweek", "Shari Redstone Says U.S. Has Too Many Cinemas, 'Thousands' Should Close - Bloomberg", "Foxboro, MA: National Amusements Debuts New Upscale Cinema Concept at Patriot Place - The BigScreen Cinema Guide", "4/30/2002, The Bridge: Cinema De Lux - Almanac, Vol. We use The top three on the list are all Democratic donors. William D. Cohan. Investors have enjoyed high market returns for decades, and if that trend might change going forward, smart planning becomes even more essential. 32", "Redstone says he relies on his instinct", "Shari Redstone buys Russian theaters from her family firm", "Shari Redstone's Rising Star Media sold to Russian theater chain", "Shari Redstone Makes Huge Profit By Selling Russian Theaters For $190 Million", "Shari Redstone launches investment firm Advancit Capital", "Sumner Redstone Resigns as CBS Executive Chairman", "Viacom names Philippe Dauman as new board chairman, replacing Sumner Redstone", "Viacom Names Philippe Dauman Chairman Succeeding Sumner Redstone", "Succession battle engulfs Sumner Redstone's media empire", "Viacom's Board Names Dauman Chairman, Replacing Aging Redstone", "Shari Redstone Wants New CBS Directors, Renews Push for Merger With Viacom", "CBS, Viacom to reunite as media giants bulk up for streaming", "Lawsuit: Shari Redstone and National Amusements "Caused CBS to Massively Overpay for Viacom", "Former CBS shareholders can sue Shari Redstone over ViacomCBS merger", "Shari Redstone, Viacom Sue Insurers Over Merger Suit's Coverage", "The Jewish Post and Opinion, July 18, 1980, Page10", "Sumner Redstone Shows Yet Another Ex-Girlfriend to the Door", "Sumner Redstone trust shakeup: New members are allies of mogul's daughter", "Media Mogul's Scion Sees Emojis as Sign of Times | Los Angeles Business Journal", "An estranged son, a legal battle with a live-in lover, and a mogul who wanted to 'live forever': Meet the heirs to the ViacomCBS empire", "Korff continues family Rabbinic tradition", "Board of Directors - John F. Kennedy Presidential Library & Museum", Redstone Split Bears On Future Of Viacom, CBS, https://en.wikipedia.org/w/index.php?title=Shari_Redstone&oldid=1147955336, Kimberlee Korff Ostheimer, a lawyer who practiced at, Tyler Korff, a lawyer and rabbi who graduated from, This page was last edited on 3 April 2023, at 06:44. In the 2000 presidential campaign, Mr. Moonves, who oversees CBS, gave $1,000 each to Mr. Gore and Senator Lieberman of Connecticut. Moonves erroneously blamed Redstone's daughter Shari, the CBS vice chairman and an increasingly powerful corporate rival, for his mushrooming PR troubles, and met, texted and socialized again . In the article, they both gushed about the gifts and money they had been given. Shari Redstone is board chair. Days before trial is set to begin, Dominion has been granted permission to conduct additional depositions. Two other members of the board, Joseph Califano and William Cohen, held cabinet posts under Democratic presidents. The Mysterious, Unregistered Fund That Raised Big Money for Santos Redstone built his family's drive-in theater chain into a multibillion-dollar empire . You can only have so many alphas in one room, she said. Things got messier when Mr. Redstone took Ms. Herzer and Ms. Holland to court, accusing them of elder abuse, and the two women countered by suing Ms. Redstone, claiming she had turned her father against them. We support credit card, debit card and PayPal payments. Shari Redstone, who divides her time between Boston, Connecticut and Los Angeles, spent weeks assisting her father at his home and successfully defending the case against Herzer. Secure .gov websites use HTTPS She was the lone dissenting vote on the five-member National Amusements board of directors. In the past six years, Mr. Redstone has given $50,000 to Democratic campaigns and party committees, according to filings with the Federal Election Commission. Compare Standard and Premium Digital here. Moonves vs. Redstone: Inside the Poisonous War for Control of CBS and [5] She currently serves as the non-executive chairwoman of Paramount Global (formerly known as ViacomCBS) and president of National Amusements, and is a former vice-chairman of CBS Corporation[6] and Viacom. For cost savings, you can change your plan at any time online in the Settings & Account section. Fox News mints money for owner Fox Corp. and the Murdoch family, estimated at north of $1 billion in profit annually. She also is a director of NAI. She successfully facilitated the 2019 $12 billion merger deal between CBS Corp. and Viacom Inc. She is the first woman to have such a large stake of a U.S. media business, controlling a $30 billion media empire. Please switch to another browser like Chrome, Firefox, or Edge for a better experience. ! and she noted that her father thinks the threat of not being allowed to go to his funeral will motivate me. In July 2015, after she met with her father in Los Angeles, she wrote Tyler that your grandfather says I will be chair over his dead body., Herzers lawsuit alleges that Shari had the nurses around her father spy on Herzer and turn Sumner against her, in an effort to eliminate her and Holland from his life. Shari Redstone will play a key role in what happens to Paramount, MTV The Sleazy, Slimy Drama Behind the Redstone Succession Fight - Daily Beast A .gov website belongs to an official government organization in the United States. endobj [11] Redstone has expanded the company's international footprint and its exploration of new technologies. Im very sure that the chairman and CEO would not allow the board of the company to be compromised by individual political agendas.. But Shari Redstone has managed to hang on to her 20% stake in the family business. Receipts are reported periodically, according to the filer's reporting schedule. During a low point in 2015, Ms. Redstone wrote in an email to her son that your grandfather says I will be chair over his dead body.. |iuRH4h?Z&Su}Yc_c^ |[x=fC#yP6)Y3O3$z.7YUD6F(rx+Kq2*XWJ.M|2>=Fur2` If lower growth and sticky inflation hang around, ways to grow your portfolio or at least stretch it become even more important. Shari Redstone, the president of National Amusements, who controls both Viacom and CBS, has explored options for launching a conservative-leaning news network that would go head-to-head with Fox . !CF`Bb3uwp#9 e_JVk|3$dN fd7)u=tncQT_v"`UguwE)U^/HICGjK>0pawBW=suLH.j}J,5l#e96 ^0a(B:@/L*0519P2a~,uV(g:`GaHv1 ^'_B^J ^FQ'?p./{3HJj$pLV.OH!Cp(P;SS@' t],;4z`V ?DNtx_%~,S)-p^pPG:WM1m8ZY:mbf@A.cW$b.04+QkJoi#iY)+6Ak"p94[f?OAbg(K{ -fMpbSf0;IS]&!

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