Sumner Redstone: iTunes Saved the Music Industry
Sumner Redstone, the billionaire businessman who grew up in Boston’s former West End and went on to build a career at the forefront of the entertainment industry, delivered a message to a standing-room-only crowd at Boston University yesterday: content is still king, but in the digital age, copyright is what matters. Redstone, 84, the majority owner of National Amusements and the chairman of the boards of Viacom, the CBS Corporation, and the MTVi Group, spoke at the School of Law Auditorium about the challenges of keeping a media company profitable in the digital age and answered questions from Bill Schwartz,… Read more »