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Paramount: The House of Redstone

Mar 5, 2023

Join Pulitzer Prize-winner James B. Stewart and co-author Rachel Abrams as they delve into the complex life of media mogul Sumner Redstone. They discuss how wealth didn't protect him from emotional turmoil, sharing jaw-dropping anecdotes, including a $90 million mistake. Exploring Shari Redstone's leadership at Paramount, they analyze the challenges of innovation in the streaming age and the impact of personal scandals on corporate culture. It’s a riveting look at the interplay of power, legacy, and the human cost behind media empires.

27:13

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Episode guests

James B. Stewart

Rachel Abrams

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Episode notes

Intro

2min

The Paradox of Wealth: Regret and Reconciliation

2min

The Interplay of Media Power and Personal Scandals

3min

Leadership Dynamics in Media Giants

8min

The Shadows of Power: A Mogul's Downfall

12min

It’s one thing to hear that money doesn’t buy happiness. It's another to find that out after wiring $90 million dollars to two separate romantic partners in one afternoon. James B. Stewart and Rachel Abrams are the co-authors of “Unscripted: The Epic Battle for a Media Empire and the Redstone Family Legacy.” They joined Catie Peiper to discuss: - How billionaires try to bend reality - If Paramount chair Shari Redstone can innovate in a new media landscape - Problems with CEO succession at media companies Companies discussed: PARA, DIS Host: Catie Peiper Guests: James B. Stewart, Rachel Stewart Producer: Ricky Mulvey Engineer: Tim Sparks

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