Bloomberg: Sumner Redstone, the controlling shareholder of CBS and Viacom, said his ownership in the two media companies will pass to a seven-member trust after he dies. Redstone, 91, also said directors of CBS and Viacom will decide who succeeds him as chairman of those two companies. The New York Post reported earlier that his daughter, Shari Redstone, will become chairman of both CBS and Viacom when her father dies. “Despite press reports to the contrary, such decisions have not yet been made.”