RUMOR MILL
Back to Rumor Mill >
Wednesday, February 3, 2016

MOONVES REPLACES REDSTONE AT CBS

Leslie Moonves has replaced Sumner M. Redstone, as CBS’ chief executive, adding the title of chairman to his role as CEO.

Redstone, whose mental competence has been challenged via a lawsuit, is assuming the title of chairman emeritus. Redstone, 92, controls about 80 percent of the voting stock in CBS and Viacom.

While that change became effective 2/2, Redstone was still executive chairman of Viacom, the company that includes Paramount Pictures, MTV, Comedy Central and Nickelodeon. The Viacom board is expected to discuss Redstone’s role during a meeting scheduled for 2/4.

The New York Times reported that the chairman position was first offered to Redstone’s daughter, Shari, currently vice chairwoman of CBS and Viacom. She declined and nominated Moonves for chairman.

Moonves has the Super Bowl and Grammy Awards on his immediate plate over the next two weeks.

In other transitions-of-power news, Donald Trump has recovered from his brief spate of humility and is now feeling much more himself.

 
BACK TO RUMOR MILL
 
TOP 20: JUST TRUST US
A second sonic Boom (4/18a)
Check It Out Now
ON THE COVER:
AARON BAY-SCHUCK
AND TOM CORSON
Bunny's hoppin' again. (4/17a)
Check It Out Now
NEAR TRUTHS:
PRIMARY NUMBERS
Hats off to Larry (4/17a)
Check It Out Now
TAY’S FORTHCOMING DEBUT: WE ARE TORTURED BY SPECULATION
So many questions (4/18a)
Check It Out Now
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/18a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions