Shari Redstone Says Viacom Needs New Management

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A spokeswoman for Sumner Redstone’s daughter Shari Redstone has said that Viacom Inc. shareholders have spoken and they want new management at the top, The Wall Street Journal reports. Board members are fighting back after the 93-year-old media mogul removed board members Philippe Dauman and George Abrams as stewards of his holdings, a move that other members are suggesting proves that he is not acting of his own free will and is being influenced by his daughter.

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