Viacom board weighs further cuts in Redstone's pay - WSJ

(Reuters) - Viacom Inc's board is considering whether to further cut the pay of its Chairman Emeritus Sumner Redstone, the Wall Street Journal reported, citing people familiar with the matter. Viacom and CBS Corp board members are also planning to visit Redstone, the chairman of the two companies, to investigate his competence for themselves, the newspaper reported. Viacom Inc had cut the total pay of its 92-year-old chairman Redstone by 85 percent to $2 million (1.4 million pounds) last year.