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From a MOMI press release:

Sumner M. Redstone, a film and media industry pioneer and Executive Chairman of Viacom Inc. and CBS Corporation, has made a $3 million gift to the Museum of the Moving Image, which is celebrating its 25th anniversary.  In recognition of the gift from the Sumner M. Redstone Charitable Foundation, the Museum’s state-of-the-art main theater will be named the Sumner M. Redstone Theater beginning in May 2013. The announcement was made today by Museum of the Moving Image Board Chairman Herbert S. Schlosser and Executive Director Carl Goodman.

Mr. Schlosser said, “The naming of the Sumner M. Redstone Theater will forge a permanent bond between a visionary entertainment industry leader, whose contributions to the advancement of film and media are unrivaled, and the Museum, which is the nation’s only cultural institution devoted to educating the general public, including 50,000 middle and high school students per year, about the art, history, and technology of film and digital media. Mr. Redstone’s gift will allow the Museum to advance and expand its important mission as we enter our 25th year. We cannot thank him enough for this transformative gift.”

Mr. Redstone said, “I am proud to support the work of this iconic cultural center which so skillfully melds my two lifelong loves—of entertainment and learning. The moving image in all its forms has a deep connection for me, from my lifelong love of film and television; to my family’s theatrical exhibition business, National Amusements; to my role as Chair of two of the top global media entertainment companies, CBS and Viacom, whose Paramount Pictures is Hollywood’s oldest motion picture studio.  It is a great honor for me to add my name to all the distinguished patrons of the Museum as it continues to spread the art of film and media.”