Media Mogul Sumner Redstone Dead at 97

Sumner Redstone, who turned his family’s movie-theater company into a global media empire spanning television, movies, radio and books, and who famously proclaimed that “content is king,” has died.

Mr. Redstone’s death was announced on Wednesday by his family’s holding company, National Amusements Inc. He was 97 years old.

Rising from humble beginnings, Mr. Redstone achieved fame in the entertainment industry late in life, assembling a sprawling set of assets through a mix of savvy investing, creative litigation and all-around ruthlessness. He was among a now-shrinking group of moguls like John Malone and Rupert Murdoch who have shaped the media landscape through gutsy mergers.

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