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Viacom, CBS head has no plans to retire
Lack of succession plans for the 92-year-old chairman of the board for both media giants is a worry for the firms
Add BT as a preferred sourcePublished Tue, Nov 24, 2015 · 09:50 PM
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San Francisco
AT 92, Sumner Redstone is making no moves towards retiring. And that is a worry for the two media giants that he controls, Viacom and CBS.
Mr Redstone is chairman of the board of both companies, and he and his family own a majority of the shares in the entertainment conglomerate Viacom and CBS, the television giant split off in 2006.
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