Business & Tech

Former CBS Executive Chairman Sumner Redstone Honored With NYC Street Renaming

The new sign in the shadow of Paramount Global Headquarters commemorates the media giant's contributions.

(CBS News)

October 2, 2024

NEW YORK — On Tuesday, the life and legacy of Sumner Redstone, the former executive chairman of CBS, was honored with the renaming of West 44th Street and Seventh Avenue as Sumner Redstone Way.

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The new sign in the shadow of Paramount Global Headquarters commemorates the media giant's contributions.

"My dad was really a legend. He dedicated his life to this company, he loved this city, and to see it all come together today like this is just incredible," said Shari Redstone, who is Sumner's daughter, the current chair of Paramount Global, and president and CEO of the Redstone Family Foundation.

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