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Truth Without Fear
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Viacom and CBS Chairman Emeritus Sumner Redstone, the media mogul who took his father’s movie theater chain and built it into an empire that included Paramount Pictures, CBS and MTV, has died at 97, ViacomCBS and National Amusements said on Wednesday.
Redstone, as executive chairman of both Viacom Inc VIA.O and CBS Corp CBS.N, had controlled the two companies through privately held National Amusements. But in his early 90s, the state of Redstone’s physical and mental health set off an avalanche of corporate maneuvering over his media holdings that resulted in him stepping down in 2016 as executive chairman of both companies.
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