Financial Times FT.com

Redstone moves to sideline daughter

By Joshua Chaffin in New York

Published: July 19 2007 20:53 | Last updated: July 20 2007 03:59

Sumner Redstone, the 84-year-old chairman of Viacom and CBS, is moving to sideline another in a long line of potential successors at his media empire – this time his daughter.

People familiar with the matter said on Thursday that relations between Shari Redstone and her father had broken down in recent months and that they were locked in negotiations that could result in her departure.

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