Sumner Redstone files for divorce

LOS ANGELES -- Court documents show that entertainment mogul Sumner Redstone has filed for divorce from his wife of five years.

The 85-year-old executive chairman of CBS and Viacom petitioned for divorce Friday. The documents say Redstone and his wife, 46-year-old Paula Fortunato Redstone, already have a settlement agreement.

According to the papers, the couple married in April 2003 and have no children. Redstone's declaration cited "irreconcilable differences" but provided no further details.

Redstone's theater chain, National Amusements, moved last week to sell some of its nonvoting shares in both CBS and Viacom, saying the stock market put some of its debts at risk.

Forbes magazine calculated Redstone's wealth at $7.6 billion in 2007.

(Copyright 2008 by The Associated Press. All Rights Reserved.)