Viacom: Shari Redstone Poised to Wield More Influence

Reuters: Sumner Redstone has the power to remove Viacom CEO Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death. There is no evidence that the senior Redstone is considering replacing Dauman. But the fact that Shari Redstone has a more secure position on the seven-person trust could embolden her in efforts to wield more influence at Viacom as it struggles with falling ratings.