Viacom Poised for Fierce Power Struggle at the Top

Bloomberg Businessweek: The news of Sumner Redstone’s abdication touched off a fierce power struggle at Viacom, pitting Redstone’s daughter, Shari, against the company’s CEO and — as of Feb. 4 — chair, Philippe Dauman. At stake isn’t only control of Viacom, but also Redstone’s legacy, not to mention his sizable personal fortune, valued at more than $5 billion. It promises to be a most tangled and protracted succession fight.