Sumner Redstone, executive chairman of Viacom Inc., laughs at a comment during the Business of Sports panel at the 2008 Milken Institute Global Conference in Beverly Hills, California April 30, 2008. REUTERS/Phil McCarten/File Photo
Billionaire Sumner Redstone, chairman and chief executive officer of National Amusements, has died at the age of 97, ViacomCBS said on Wednesday.
For nearly 30 years, Redstone led Viacom as executive chairman of the board following National Amusements Inc's acquisition of a controlling stake in the company in 1987, ViacomCBS said.
