You will be redirected back to your article in seconds

Sumner Redstone Says He No Longer Trusts Philippe Dauman ‘Or Those Who Support Him’

Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters.

On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and Dauman have been repeatedly denied access to the 93-year-old mogul. He also wrote of his fears that Redstone is now surrounded by lawyers who have empowered his daughter, Shari Redstone, in violation of Redstone’s long-standing wishes.

Today, Redstone fired back in a brief response:

Dear Fred,

I reviewed your note. I no longer trust Philippe or those who support him. I am being sued by my fellow board members and my wishes are being ignored. I am determined to act in the best interests of the company and all of its shareholders. I do not trust you or the current board to do the same. So there is no doubt, Rob Klieger and Michael Tu are my attorneys and are acting at my direction.

Sumner

Dauman is openly trying to pursue a minority investor for Paramount Pictures, in defiance of Redstone’s publicly stated wishes on the matter. Redstone is in declining health and Dauman has not seen him since March.

There’s nothing terribly new in the latest letter. Redstone has previously been quoted as saying that Dauman is doing a “bad job” running Viacom, and that the board is not listening to him. Given his very public dissatisfaction, the remarkable thing is that Dauman and his allies are still clinging to power.

Update: And Salerno fires back. “We could clear a lot of this up if Sumner would share his thoughts with me face-to-face,” Salerno says.

More Biz

  • Harvey Weinstein

    Harvey Weinstein Staffer Breaks NDA, Says He Harassed Her and Assaulted Friend

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • Jennifer Lawrence

    Third Hacker Pleads Guilty in Celebgate Photo Leak

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • Brit Marling Harvey Weinstein

    Actress Brit Marling Alleges Harvey Weinstein Suggested They Shower Together

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • Eric Schneiderman

    New York Attorney General Launches Investigation Into Weinstein Co.

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • Sad daughter of unemployed Tennessee coal

    Harvey Weinstein Is a Monster of Hollywood's Own Making. What Are We Going to Do About It?

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • STEPHEN RUSSO

    Columbia Records Promotes Stephen Russo to Executive Vice President

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

  • ATT Time Warner

    AT&T Extends Time Warner Deal Termination Date, Awaiting DOJ Approval

    Things keep getting stranger at Viacom. CEO Philippe Dauman and controlling stockholder Sumner Redstone are embroiled in a legal battle over Dauman’s removal from the Redstone family trust. Now, the two sides are communicating through open letters. On Tuesday, board member Frederic Salerno — an ally of Dauman’s — wrote an open letter to Redstone, stating that he and […]

More From Our Brands

Access exclusive content