Advertisement

Sumner Redstone, Martin Davis Joining Forces Again

Share

After a brief separation, former Paramount Communications Inc. Chairman Martin Davis is reuniting with Viacom Inc. chief Sumner Redstone.

Davis was named Thursday to the board of Redstone’s National Amusements Inc., the parent of Viacom, which recently bested QVC Inc. in a $10-billion takeover war for Paramount.

Davis stepped down as head of Paramount last month after Viacom gained control of the company. Earlier this week, he announced he was forming Wellspring Associates Inc. to specialize in restructuring troubled companies.

Advertisement

* Entertainment executive Myles E. Mangram has formed Black Lion Records, an independent label that in June will release its first album, “nita whitaker.”

Mangram is president of the label. Other executives are Chea Rivera, vice president, and Sharon Thompson, label coordinator.

* Former Sony Pictures Entertainment Chief Financial Officer Abbott Brown has joined merchant banking firm Pacific yCapital Group as managing director and chief financial officer.

* Trudy Lartz has joined SoundScan as sales director.

Advertisement