Viacom Chairman Redstone gets reduced pay, responsibilities; pay hike for CEO

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Viacom Chairman Redstone gets reduced pay, responsibilities; pay hike for CEO

Viacom Chairman Redstone gets reduced pay, responsibilities; pay hike for CEO
BOSTON (Reuters) - Viacom Inc said on Friday it cut the pay of Executive Chairman Sumner Redstone by 85 percent to $2 million last year in light of his "reduced responsibilities."

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