1. Viacom CEO Philippe Dauman to Exit with a $72 Million Payoff as the Bitter Wrangle over Sumner Redstone's Media Empire Reaches a Conclusion

    Viacom CEO Philippe Dauman to Exit with a $72 Million Payoff as the Bitter Wrangle over Sumner Redstone's Media Empire Reaches a Conclusion

    The bitter wrangle for control over 93-year-old billionaire Sumner Redstone’s $40 billion media empire has reached a conclusion, according to several media reports.

    At the centre of the battle were Redstone’s daughter, Shari, and Philippe Dauman, the chief executive of Viacom — and it appears that Shari has emerged victorious...

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