Viacom Chairman Sumner Redstone won’t attend the company’s annual meeting on March 8 in New York.
Redstone, 88, will address investors in a video, Carl Folta, a spokesman, said in a statement yesterday. The absence isn’t health-related, he said.
The chairman, who controls Viacom and CBS through his National Amusements, attended the Academy Awards ceremony on Feb. 26 and on March 28 will be presented with a star on the Hollywood Walk of Fame.
“Due to an unavoidable conflict, Mr. Redstone will be addressing shareholders on a video presentation,” according to the statement.
Viacom Chairman Sumner Redstone, Carl Folta, National Amusements, Viacom
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