According to foreign media reports, on August 11, local time, former media empire Viacom samer Redstone died in Los Angeles, California, at the age of 97.
Lei Shidong is a major shareholder and chairman of the national entertainment company. Through the national entertainment company, he and his family control CBS company and Viacom group. CBS and Viacom group own Viacom media TV network, bet TV network and Paramount Pictures, MTV, Nick International Children’s channel, etc.
Lei Shidong was the executive chairman of CBS and Viacom group. In February 2016, Mr. Redstone, 92, announced his resignation one week after the court ordered a geriatric psychiatric examination, and they were taken over by Leslie munweiss of CBS and Philip dum of Viacom group, respectively.
as the only tycoon in the media industry who can compete with Murdoch, the scale of Viacom owned by leishidong is no less than that of the group, with total assets of more than $50 billion.
in the 1930s, Sally’s grandfather opened the first auto theater in New York, and then developed into northeast cinema company. After that, Lei Shidong, who gave up his lawyer’s profession, joined his father’s career and built northeast cinema company into a national entertainment company with chain cinemas all over the country. Through the acquisition of Viacom, paramount film company and CBS, he further expanded his business scope and finally achieved the media kingdom.
although his Paramount Pictures have produced such masterpieces as Titanic and brave heart, Lei Shidong, as the boss, is not easy to get along with. He had a bad time with Spielberg, a famous old man in the circle, and kicked Tom Cruise, who was acting strangely.
apart from the poor popularity in his career, Lei Shidong has few family ties left. In 1999, he ended his 55 year marriage with his first wife. The failure of the marriage made him pay a huge amount of alimony and love between father and son. After that, his son Brent was against him everywhere. In addition, his brother and nephew also took him to court for disdaining him for depriving them of their rights in the family business. In his later years, he turned against Sally, the daughter of the original successor. In a word, the power of the opponent would not be let go.