Monday 23 May 2016

Viacom chief executive sues his boss Sumner Redstone over trust removal

Philippe Dauman and George Abrams, a director of the MTV and Comedy Central owner, are suing over their unexpected removal last week from the trust

The power struggle for control of media conglomerate Viacom escalated on Monday with the most trusted aide of the company’s chairman suing his boss, alleging he is being squeezed out of the business by the boss’s daughter.

Philippe Dauman, chief executive of MTV and Comedy Central owner Viacom, and George Abrams, a Viacom director, are suing over their unexpected removal last week from the trust that will control Viacom when its driving force, 93-year-old Sumner Redstone, dies.

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