Sumner Redstone, media mogul and controlling ViacomCBS shareholder, dead at 97

Sumner Redstone
Photo credit Getty Images
By 1010 WINS

NEW YORK (1010 WINS) -- Media mogul Sumner Redstone, the controlling shareholder of ViacomCBS, died Tuesday afternoon. He was 97.

National Amusements, the Redstone family’s private holding company that controls ViacomCBS, announced his death Wednesday morning.

“Sumner Redstone was a brilliant visionary, operator and dealmaker, who single-handedly transformed a family-owned drive-in theater company into a global media portfolio," said ViacomCBS CEO and President Bob Bakish. 

Baskish continued, "He was a force of nature and fierce competitor, who leaves behind a profound legacy in both business and philanthropy. ViacomCBS will remember Sumner for his unparalleled passion to win, his endless intellectual curiosity, and his complete dedication to the company.  We extend our deepest sympathies to the Redstone family today.”