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Sumner Redstone Honored With Star On Hollywood Walk Of Fame

HOLLYWOOD (CBS) — Sumner Redstone, executive chairman of CBS Corp. and Viacom, received the 2,467th star on the Hollywood Walk of Fame Friday.

Redstone's honor coincides with the yearlong celebration of the 100th anniversary of the founding of Viacom-owned Paramount Pictures.

Harvard-educated Redstone was initially a lawyer, working at one time as a special assistant to the attorney general in Boston, where he grew up. He joined the movie theater company founded by his father, National Amusements, Inc., in 1954. Sumner became the company's chief executive officer and president in 1967 and chairman of the board in 1986, a position he continues to hold.

Redstone won voting control of Viacom, the owner of MTV and Nickelodeon cable channels, and a leading television syndicator, in 1987, following a hostile takeover.

Viacom acquired Paramount Communications in 1993 and merged with CBS in 2000. CBS and Viacom were separated into two publicly traded companies in 2006, with Redstone remaining chairman of both.

CBS is the parent company of CBS2, KCAL9 and cbsla.com.

(©2012 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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