Change of plans: Redstone will make Viacom meeting
UPDATE: Sumner Redstone has changed his mind about next week’s Viacom annual meeting. The media giant’s executive chairman has reworked his schedule so that he can attend the gathering in New York.
On Thursday, company spokesman Carl Folta said Redstone had an “unavoidable commitment” that would force him to miss the shareholder meeting. “He was able to change his commitment and will participate in the meeting,” Folta said on Friday.
The previously planned absence had nothing to do with the health of the 88-year-old media mogul, Folta said. Redstone, who has majority control of Viacom as well as CBS, was seen publicly as recently as Sunday, at the Academy Awards in Hollywood.
Photo Credit: Reuters/Lucas Jackson