shari redstone political contributions shari redstone political contributions
Name & Location: Employer/Occupation: Dollar Amount: Date: Primary/ General: Contibuted To: REDSTONE, SHARI E . [1], As of January 2018, Redstone is a member of the board of directors at Combined Jewish Philanthropies and the board of trustees at Dana Farber Cancer Institute. 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. Special committees of each board have been appointed to try to negotiate a deal. 8rdWT'eL~.u"A=9]>313X3-$e}u,gmg664$EzL*LZ_j_]Xy[?Xs N/]|msk_WfA2)oz-di2|mj|5ej8eE7[Q|IM%xf)|6\ k`. Shari Redstone Political Contributions in 2016. For the past couple of decades, when media exec Shari Redstone came home, she'd relax in a sprawling mansion in Westwood, MA. Since reentering her fathers life in late 2015, Redstone has vanquished more than a dozen men whom her father put in power. ViacomCBS's Shari Redstone says media company will focus on organic Shari Redstone shuts down rumor about conservative news channel Redstone sees an opening as the audience for TV news grows older and more conservative and Trump and some of his fans express disenchantment with ratings giant Fox News, which lost its top news anchor Friday when Shepard Smith announced his departure amid conflict with some of the networks opinion hosts. [32], Redstone married and divorced Rabbi Ira A. Korff,[33] and they had three children:[1][34], Her ex-husband was president and director of National Amusements until two years after they divorced. Sumner Redstone, billionaire media tycoon, dead at age 97 - CNBC NAI, a closely held company, operates cinemas in the United States, the United Kingdom and Latin America and is also the controlling . In this particular case, because of the personalities involved and the issue, its like the elephant in the tent, he said. VIAC Stock Is Only Worth Buying on the Chance the Real Owner Sells [21] She is also on the board of directors of The National Center on Addiction and Substance Abuse (CASA) at Columbia University[41] and the John F. Kennedy Library Foundation. (Shari Redstone declined to comment, as did her attorney, Betsy Burnett, and her spokesperson, Sara Evans. Official websites use .gov These committees may solicit and accept unlimited contributions from individuals, corporations, labor organizations and others. Instead, he surrounded himself with younger girlfriends and business cronies. But in the early 2000s, a time when National Amusements was in peril, Ms. Redstone objected to her fathers penchant for plowing money into the company; and she was not thrilled when he installed her on the Midway board in 2004. He has made how he feels about me perfectly clear., In September 2014, according to Herzers complaint, Sumner was briefly hospitalized, resulting in a major dispute with Shari about his treatment. As a condition of the September 2018 settlement, she agreed to not try to orchestrate a merger with Viacom for at least two years. None of the members of Viacoms board consented to be interviewed for this story. In the 2000 presidential campaign, Mr. Moonves, who oversees CBS, gave $1,000 each to Mr. Gore and Senator Lieberman of Connecticut. She refocused her attention on Advancit Capital, an investment firm she co-founded in 2011. But Shari Redstone has managed to hang on to her 20% stake in the family business. Sumner subsequently wrote one of his attorneys, Recent dealings with my daughter, Shari, have caused me to believe even more strongly that she does not have the requisite business judgment and abilities to serve as Chair of Viacom or CBS. Sumners two efforts to buy his daughters 20 percent stake in National Amusements, which she rejected, were, according to Herzers complaint, designed to permanently remove her from his business affairs and to prevent her from reversing his documented intentions that his media empire not fall into her hands after his death., Shari seemed to understand the extent of her fathers desire to keep her away from Viacom and CBS. Ms. Redstone holds the remaining 20 percent of National Amusements through a separate trust. She pushed for the union, believing the two companies would be stronger together during a turbulent time. Browse Individual contributions | FEC Redstone runs an incredibly outstanding organization, Mr. Feldberg said. Its also unclear whether she will back off her request to have Bakish succeed Moonves when the time comes. The two men who act as co-chief operating officers of Viacom, Leslie Moonves and Thomas Freston, also favor Democrats. They have not had any deliberations on this, board deliberations, and as a board are not handling the situation, which is being handled totally at the news level by CBS, he said. Meg James is a senior entertainment industry writer for the Los Angeles Times. As many of my most loyal readers know, I've been predicting this for years. Redstone has been president of National Amusements Inc. since 2000 and served as executive vice president of NAI from 1994 to 2000. Sumner Redstone's media empire dates back to the 1950s. - Business Insider Theres substantial risk to a major business operation for which they have ultimate oversight and responsibility.. analyse how our Sites are used. Sun Valley 2022 Guest List Revealed - Variety [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. Redstone, as board chair, joins an elite group of women. Shari has definitely proven herself as an effective strategist, someone who is willing to go to whatever lengths she needs to get something done, said Jordan Matthews, an entertainment attorney with Weinberg Gonser in Los Angeles. She also is a director of NAI. Shari Ellin Redstone (born April 14, 1954) is an American media executive. 2023 Forbes Media LLC. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. He called his daughter a credible candidate, while also floating the notion of buying her out. Shari Redstone - $5,400 in Political Contributions for 2016, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions . They shared an iron will that helped Ms. Redstone to succeed her father. Moonves, on the other hand, supports his handpicked successor Joseph Ianniello. offers FT membership to read for free. The structure of the empire built by Mr. Redstone is complex but Ms. Redstone is at the top. Shari Redstone Political Contributions in 2012. The price to earnings ratio is 7. She just was a step behind in a lot of ways and treated poorly, this person continued. [19], In 2011, Redstone became co-founder and managing partner of Advancit Capital LLC,[20] an investment platform focusing on early stage in media, entertainment and technology. When the moment arrived Tuesday, she was already sitting on the throne. (Moonves has denied the allegations.) He refers to himself a "liberal Democrat . Redstone, the daughter of media mogul Sumner Redstone, is chairwoman of media empire ViacomCBS. Viacom's Pluto TV has launched a new conservative channel, but Shari You can only have so many alphas in one room, she said. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. The Court ruling . Her grandfather was Michael Redstone, who was the original founder of National Amusements, the parent company that now owns the majority of the Redstone media empire. In the article, they both gushed about the gifts and money they had been given. CBS and Viacom were a single entity, after all, until Sumner Redstone separated them 12 years ago after he realized they operated in very different businesses. For cost savings, you can change your plan at any time online in the Settings & Account section. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer. 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. What seems to be driving Shari Redstone is familial score-settling, a quest for victory over her father, who never wanted her to have a role in either Viacom or CBS. Sumner Redstone, executive chairman of CBS and Viacom, pulled in $93.4 million this past fiscal year. In more than 50 years as a force in the media industry, Sumner M. Redstone clashed with his only son, his nephew, his wife, his romantic partners, his business rivals and the actor Tom Cruise. And Sumner himself has been completely shielded from his longtime friends and the public, who have not seen or heard from him. To revist this article, visit My Profile, then View saved stories. After fighting off two of the most powerful men in Hollywood Mr Moonves and her own father . (Sumner dumped Holland after stories I wrote in Vanity Fair revealed that, unbeknownst to him, she had been having a longtime affair with George Pilgrim, in Sedona, Arizona, and using Sumners private jet to fly back and forth from Los Angeles to see him, while at the same time living with Sumner.) For good measure, he said she isnt qualified to fill his shoes. The reunion of CBS and Viacom to be known as ViacomCBS "is a victory for Ms. Redstone, the leader of a family business that has led the two media giants for two decades," Lee wrote . The shotgun re-marriage of CBS and Viacom is proceeding apace. For many years, she stayed away from National Amusements, a company that started as a string of drive-in theaters. Herzer and her legion of lawyers have now brought the same fanciful claims in probate court (twice), California state court, New York state court, and federal district court [in California], Klieger recently told the New York Post. A period of estrangement between Shari Redstone and her combative father, Sumner Redstone, ended with a reconciliation before his death and the daughter taking over the family empire. Its the story of a person who was mistreated by her father, said the source who recently noted Sumners physical condition, and has known the father and daughter for an extensive period of time. As Fox and family insiders tell it, this could just be the beginning. A former Verizon executive who is on Viacoms board, Frederic Salerno of Rye, could offer some solace to supporters of President Bush looking for a friendly face at Viacom. His daughter, Shari Redstone, has effectively controlled Viacom and CBS for several years as Sumner Redstone has dealt with healthRead More [15] 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.
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