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It’s not just Caitlyn: Transgender people are having their TV moment
The summer of 2015 is shaping up as the moment when transgender went mainstream — at least in the media. Only one week after Caitlyn Jenner revealed herself on the cover of Vanity Fair and nearly broke...
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New York’s priciest rental: What do you get for $500,000 a month?
The most expensive New York rental of all time costs a cool half million dollars per month--double what you’d play for the city’s second-priciest place. The extended stay, six-bedroom, six-and-a-half...
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Ackman’s back and Allergan — 5 things to know today
Hello friends and Fortune readers. Wall Street stock futures are opening mixed Thursday, while crude oil futures have slipped to a new six-year low on persistent concerns about oversupply and weak...
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Prior to Jon Stewart’s last show, Viacom’s stock is getting crushed
On the day its star Jon Stewart is set to sign off from the Daily Show after a decade and a half on Comedy Central, the owner of the network is seeing its stock plunge. Shares of Viacom slipped 7% on...
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Here’s why TV stocks got hammered this week — there’s a tectonic shift underway
For the better part of the last decade or so, cable and TV companies have watched the upheaval going on in the movie and music industries--not to mention the newspaper business--and felt pretty...
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Why some of your favorite movies will soon disappear on Netflix
Netflix has opted not to renew an agreement with cable network Epix, which will lead the company to soon pull “The Hunger Games” and other popular films from its movie streaming-service. The company...
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‘Jurassic World’ could get Steven Spielberg to move from Disney to Universal
Universal Studios scored a massive hit with this summer’s Jurassic World, which broke box-office records on its way to becoming the third-highest grossing film ever. Now, the Wall Street Journal is...
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For the first time, NYC Toy Fair will let kids in on the fun
Every year in the depths of winter, in what often feels like the coldest week of the season, toy buyers, retailers, reporters and industry experts descend on Javits Center in New York City to see the...
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MTV president steps down after 18 years with network
MTV president Stephen Friedman is leaving the Viacom network and will be replaced by Sean Atkins, Deadline reports. Friedman has been at MTV for 18 years and has been serving as president for seven. He...
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Sumner Redstone and Viacom are ailing together
Some leaders simply can’t let go. That was made very clear on Wednesday morning, in a Wall Street Journal piece about Sumner Redstone, the 92-year-old chairman of CBS and Viacom. The issue arose...
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Viacom is losing its most prized asset, and it’s not Sumner Redstone
Viacom may have a bigger problem than the brewing fight over whether the 92-year-old ailing Sumner Redstone should remain chairman of the company. It’s been a year-and-a-half since Viacom’s television...
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Mental competency tests in the C-suite are more common than you think
Sumner Redstone’s health has become a popular topic on Wall Street and at both Viacom and CBS, where he serves as executive chairman. A series of small strokes affected his ability to talk. The...
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Here’s the Latest in the Battle Over Sumner Redstone’s Mental State
Sumner Redstone’s longtime female companion is reportedly set to challenge the 92-year-old media mogul’s ability to run his businesses. Manuela Herzer could publicly question the mental competency of...
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A TV Cult Classic Has Set a New Kickstarter Record
Fans of crappy movies overdubbed with witty narration and incisive wisecracks should be happy about the return of Mystery Science Theater 3000 after a 16-year layoff. The show and its unique concept...
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Why J.J. Abrams Is the Master of the Hollywood Sequel
This week’s debut of Star Wars: The Force Awakens may have director J.J. Abrams “terrified” for a variety of reasons, but it’s a road he’s been down a few times already. Abrams is a big-time Hollywood...
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There’s a Real-Life Game of Thrones Going on at Viacom
When it comes to old-fashioned media moguls who control their empires with an iron fist, Viacom’s Sumner Redstone is right up there with the best of them. But after almost 30 years as controlling...
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Both Sides Claim Victory in Ongoing Suit Over Sumner Redstone’s Mental...
Both sides claimed victory after a California court decision issued Monday in the legal battle over the mental readiness of 92-year-old Viacom and CBS Chairman Sumner Redstone. The judge ruled that...
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Investor to Viacom: Get Rid of Sumner Redstone and the CEO
A presentation from New York-based fund manager SpringOwl Asset Management about how to fix Viacom is almost 100 pages long, but the heart of its argument can be summed up in a sentence: Replace the...
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Viacom Stock Soars After Sumner Redstone Resigns as CBS Chairman
The first shoe has dropped at Sumner Redstone’s media empire. The 92-year-old billionaire, who controls the voting shares at both CBS and Viacom, has stepped down as executive chairman of CBS and been...
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Sumner Redstone’s Anti-Aging Secret (Fortune, 2007)
Editor’s note: On Thursday, Viacom announced that its long-time leader the ailing 92-year-old Sumner Redstone would give up the role of executive chairman of the company. In this September 2007 article...
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