UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________ SCHEDULE 13D Under the Securities Exchange Act of 1934 INFINITY BROADCASTING CORPORATION (Name of Issuer) Class A Common Stock, Par Value $.01 per share (Title of Class of Securities) 456-62S-10-2 (CUSIP Number) Sumner M. Redstone National Amusements, Inc. 200 Elm Street Dedham, Massachusetts 02026 Telephone: (781) 461-1600 with a copy to: Michael D. Fricklas, Esq. Viacom Inc. 1515 Broadway New York, New York 10036 Telephone: (212) 258-6000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 4, 2000 (Date of Event which Requires Filing of this Statement) _________________________________________________________ If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d- 1(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with this statement / /. CUSIP No. 456-62S-10-2 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person SUMNER M. REDSTONE S.S. No. ------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) / / (a) ------------------------------------------------------- / / (b) ------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------- (4) Sources of Funds (See Instructions) N/A ------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). ------------------------------------------------------- (6) Citizenship or Place of Organization United States ------------------------------------------------------- Number of (7) Sole Voting Power Shares ---------------------------------------- Beneficially (8) Shared Voting Power 700,000,000 Owned by --------------------------------------- Each (9) Sole Dispositive Power Reporting --------------------------------------- Person (10) Shared Dispositive Power 700,000,000 With ------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting 700,000,000 ------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 64%* ------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN ------------------------------------------------------- * Class B Common Shares carry five votes per share which effectively gives the Reporting Persons 90% of the voting power. CUSIP No. 456-62S-10-2 (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person CBS BROADCASTING INC. I.R.S No. 13-0590730 ------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) / / (a) ------------------------------------------------------- / / (b) ------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------- (4) Sources of Funds (See Instructions) N/A ------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). ------------------------------------------------------- (6) Citizenship or Place of Organization New York ------------------------------------------------------- Number of (7) Sole Voting Power Shares ------------------------------------ Beneficially (8) Shared Voting Power 700,000,000 Owned by ------------------------------------ Each (9) Sole Dispositive Power Reporting ------------------------------------- Person (10) Shared Dispositive Power 700,000,000 With ------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting 700,000,000 ------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 64%* ------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO ------------------------------------------------------- * Class B Common Shares carry five votes per share which effectively gives the Reporting Persons 90% of the voting power. Item 1. Security and Issuer. The class of equity securities to which this Statement on Schedule 13D relates is the Class A Common Stock, $.01 par value per share (the "Class A Shares"), of Infinity Broadcasting Corporation (the "Issuer"), a Delaware corporation, with its principal executive office located at 40 West 57th Street, New York, NY 10019, by virtue of the Reporting Persons' (as defined in Item 2 below) ownership of the Issuer's Class B Common Stock par value $.01 per share (the "Class B Shares"; together with the Class A Shares, the "Common Shares"), which are convertible into Class A Shares on a one-for-one basis under certain circumstances. The Class A Shares carry one vote per share and the Class B Shares carry five votes per share. Item 2. Identity and Background. This Statement is filed by Mr. Sumner M. Redstone, National Amusements, Inc. ("NAI"), NAIRI, Inc. ("NAIRI"), Viacom Inc. ("Viacom"), Westinghouse CBS Holding Company, Inc. ("W/CBS HCI") and CBS Broadcasting Inc. ("CBSBI") (collectively, the "Reporting Persons"). CBSBI, a New York corporation, has its principal executive offices at 51 West 52nd Street, New York, New York 10019. CBSBI's principal businesses, the CBS television network, radio and television broadcasting, and outdoor advertising. 100% of the issued and outstanding stock of CBSBI is owned by W/CBS HCI. W/CBS HCI, a Delaware corporation, has its principal office at 51 West 52nd Street, New York, New York 10019. W/CBS HCI's principal business is cable television transmission and production services. 100% of the issued and outstanding stock of W/CBS HCI is owned by Viacom. Viacom, a Delaware corporation, has its principal executive offices at 1515 Broadway, New York, New York 10036 and is a diversified entertainment and communications company. At May 12, 2000, approximately 68% of Viacom's voting Class A Common Stock, par value $.01 per share, and approximately 13% (on a combined basis) of Viacom's Class A Common Stock and non-voting Class B Common Stock, par value $.01 per share, was owned by NAIRI. NAIRI, a Rhode Island corporation, has its principal office at 200 Elm Street, Dedham, Massachusetts 02026 and is a company owning and operating movie theaters in the United States whose main asset is its shares of Viacom Class A Common Stock and Class B Common Stock. NAI, a Maryland corporation, has its principal office at 200 Elm Street, Dedham, Massachusetts 02026. NAI's principal businesses are owning and operating movie theaters in the United States, United Kingdom and South America and holding the common stock of NAIRI. 66-2/3% of the issued and outstanding shares of capital stock of NAI are beneficially owned by Mr. Sumner M. Redstone, as trustee of a trust owning such shares. Sumner M. Redstone is an individual whose business address is c/o National Amusements, Inc., 200 Elm Street, Dedham, Massachusetts 02026. Mr. Redstone's principal occupation is Chairman of the Board and Chief Executive Officer of NAI, Chairman and President of NAIRI, and Chairman of the Board and Chief Executive Officer of Viacom Inc. Mr. Redstone is also a director of the Issuer. The executive officers and directors of CBSBI, W/CBS HCI, Viacom, NAIRI and NAI are set forth on Schedules I through V attached hereto, containing the following information with respect to each such person: (a) Name; (b) Residence or business address; and (c) Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted. During the last five years, neither of the Reporting Persons nor any person named in any of Schedules I through V attached hereto has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Except for Jan Leschly, who is a Danish citizen, all of the directors of CBSBI, W/CBS HCI, Viacom, NAIRI and NAI, including Mr. Sumner M. Redstone, are citizens of the United States. Item 3. Source and Amount of Funds or Other Consideration. The Issuer's Class B Shares were acquired by the Reporting Persons, other than CBSBI and W/CBS HCI which previously owned the subject shares, pursuant to the merger of CBS Corporation ("CBS"), of which CBSBI and W/CBS HCI were, respectively, indirect and direct wholly owned subsidiaries, with and into Viacom on May 4, 2000. Item 4. Purpose of Transaction. The Issuer's Class B Shares were acquired by the Reporting Persons, other than CBSBI and W/CBS HCI which previously owned the subject shares, pursuant to the merger of CBS, of which CBSBI and W/CBS HCI were, respectively, indirect and direct wholly owned subsidiaries, with and into Viacom on May 4, 2000. The Reporting Persons may, at any time and from time to time, purchase additional Common Shares of the Issuer and may dispose of any and all Common Shares of the Issuer held by them. Notwithstanding the foregoing, the Reporting Persons have no current plan or proposal which relates to, or would result in, any of the actions enumerated in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer. (a) and (b) CBSBI is the owner, with shared dispositive and voting power, of 700,000,000 Class B Shares, or approximately 64%, of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). W/CBS HCI is currently the beneficial owner, with shared dispositive and voting power of 700,000,000 Class B Shares, or approximately 64%, of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). Viacom is currently the beneficial owner, with shared dispositive and voting power, of 700,000,000 Class B Shares, or approximately 64%, of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). NAIRI is currently the beneficial owner, with shared dispositive and voting power, of 700,000,000 Class B shares, or approximately 64%, of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). NAI is currently the beneficial owner, with shared dispositive and voting power, of 700,000,000 Class B shares, or approximately 64%, of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). As a result of his stock ownership in NAI, Mr. Sumner M. Redstone is deemed the beneficial owner of 700,000,000 Class B Shares of the Issuer or approximately 64% of the Issuer's issued and outstanding Common Shares and 90% of the voting power (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 3, 2000). Mel Karmazin, Chairman, President and Chief Executive Officer of the Issuer and President and Chief Operating Officer of Viacom, beneficially owns 108,333 shares (less than 1%)of the Issuer's Class A Shares, including shares underlying stock options exercisable within 60 days of this filing. George Conrades, David T. McLaughlin, and Robert Walter, each a Director of Viacom and the Issuer, beneficially own 21,500, 500 and 21,500 shares of the Issuer's Class A Shares, respectively, including shares underlying stock options exercisable within 60 days of this filing. (c) The Issuer's Class B Shares were acquired by the Reporting Persons, other than CBSBI and W/CBS HCI which previously owned the subject shares, pursuant to the merger of CBS, of which CBSBI and W/CBS HCI were, respectively, indirect and direct wholly owned subsidiaries, with and into Viacom on May 4, 2000. (d) None. (e) N/A Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. None of the Reporting Persons have entered into any, or amended any existing, agreement with respect to the Common Shares or other securities of the Issuer since the prior statement on Schedule 13D, or amendment thereto, that was filed by certain of the Reporting Persons or any predecessor thereof. Viacom, as successor by merger to CBS, has assumed all rights and obligations of CBS. Signatures After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Pursuant to Rule 13d- 1(f)(1), each of the undersigned agrees that this statement is filed on behalf of each of us. May 15, 2000 /s/ Sumner M. Redstone ----------------------- Sumner M. Redstone, Individually National Amusements, Inc. By: /s/ Sumner M. Redstone ---------------------- Sumner M. Redstone, Chairman and Chief Executive Officer NAIRI, Inc. By: /s/ Sumner M. Redstone ----------------------- Sumner M. Redstone, Chairman and President Viacom Inc. By: /s/Michael D. Fricklas ----------------------- Michael D. Fricklas Senior Vice President, General Counsel and Secretary Westinghouse/CBS Holding Company, Inc. By: /s/ Angeline C. Straka ------------------------ Angeline C. Straka, Vice President and Secretary CBS Broadcasting Inc. By: /s/ Angeline C. Straka --------------------------- Angeline C. Straka, Vice President and Secretary SCHEDULE I CBS BROADCASTING INC. ---------------------------------------------------------------------- EXECUTIVE OFFICERS ---------------------------------------------------------------------- Name and Address of Corporation or Business or Principal Other Organization Name Residence Address Occupation in which Employed or Employment ---------------------------------------------------------------------- Mel Viacom Inc. President and Infinity Karmazin* 1515 Broadway Chief Operating Broadcasting New York, NY Officer of Viacom Corporation 10036 Inc.; Chairman, 40 West 57th Street President and New York, NY 10019 Chief Executive Officer of Infinity Broadcasting Corporation ---------------------------------------------------------------------- Louis J. CBS Broadcasting Executive Vice Briskman* Inc. President and 51 W. 52nd Street General Counsel of New York, NY CBS Television 10019 ---------------------------------------------------------------------- Leslie Viacom Inc. President and CBS Television Moonves 7800 Beverly Chief Executive 7800 Beverly Blvd. Blvd. Officer of CBS Los Angeles, CA Los Angeles, CA Television 90036 90036 ---------------------------------------------------------------------- Fredric Viacom Inc. Executive Vice G. 1515 Broadway President and Reynolds* New York, NY Chief Financial 10036 Officer of Viacom Inc. ---------------------------------------------------------------------- *Also a director SCHEDULE II WESTINGHOUSE CBS HOLDING COMPANY, INC. ---------------------------------------------------------------------- EXECUTIVE OFFICERS ---------------------------------------------------------------------- Name and Address of Corporation or Business or Principal Other Organization Name Residence Address Occupation in which Employed or Employment ---------------------------------------------------------------------- Mel Viacom Inc. President and Infinity Karmazin* 1515 Broadway Chief Operating Broadcasting New York, NY Officer of Viacom Corporation 10036 Inc.; Chairman, 40 West 57th Street President and New York, NY 10019 Chief Executive Officer of Infinity Broadcasting Corporation ---------------------------------------------------------------------- Louis J. CBS Broadcasting Executive Vice Briskman* Inc. President and 51 W. 52nd Street General Counsel of New York, NY CBS Television 10019 ---------------------------------------------------------------------- Leslie Viacom Inc. President and CBS Television Moonves 7800 Beverly Chief Executive 7800 Beverly Blvd. Blvd. Officer of CBS Los Angeles, CA Los Angeles, CA Television 90036 90036 ---------------------------------------------------------------------- Fredric Viacom Inc. Executive Vice G. 1515 Broadway President and Reynolds* New York, NY Chief Financial 10036 Officer of Viacom Inc. ---------------------------------------------------------------------- *Also a director SCHEDULE III VIACOM INC. ---------------------------------------------------------------------- EXECUTIVE OFFICERS ---------------------------------------------------------------------- Name and Address of Corporation or Business or Principal Other Organization Name Residence Address Occupation or in Which Employed Employment ---------------------------------------------------------------------- Sumner M. Viacom Inc. Chairman of the National Amusements, Redstone* 1515 Broadway Board and Chief Inc. New York, NY Executive Officer 200 Elm Street 10036 of Viacom Inc.; Dedham, MA 02026 Chairman of the Board and Chief Executive Officer of National Amusements, Inc.; President and Chief Executive Officer of Viacom International Inc. ---------------------------------------------------------------------- Mel Viacom Inc. President and Chairman, President Karmazin* 1515 Broadway Chief Operating and Chief Executive New York, NY Officer Viacom Office of Infinity 10036 Inc. and Viacom Broadcasting International Inc. Corporation ---------------------------------------------------------------------- Michael Viacom Inc. Sr. VP, General Viacom D. 1515 Broadway Counsel and International Inc. Fricklas New York, NY Secretary of 1515 Broadway 10036 Viacom Inc. and of New York, NY 10036 Viacom International Inc. ---------------------------------------------------------------------- Susan C. Viacom Inc. Vice President, Viacom Gordon 1515 Broadway Controller, Chief International New York, NY Accounting Officer Inc. 10036 of Viacom Inc. and 1515 Broadway Viacom New York, NY 10036 International Inc. ---------------------------------------------------------------------- William Viacom Inc. Sr. VP, Human Viacom A. Roskin 1515 Broadway Resources and International Inc. New York, NY Administration of 1515 Broadway 10036 Viacom Inc. and New York, NY 10036 Viacom International Inc. ---------------------------------------------------------------------- Fredric Viacom Inc. Sr. VP, Chief Viacom Reynolds 1515 Broadway Financial Officer International Inc. New York, NY 10 of Viacom Inc. and 1515 Broadway Viacom New York, NY 10036 International Inc. ---------------------------------------------------------------------- *Also a Director SCHEDULE III (continued) ---------------------------------------------------------------------- DIRECTORS ---------------------------------------------------------------------- George S. Winer & Abrams Attorney Winer & Abrams Abrams 60 State Street 60 State Street Boston, MA 02109 Boston, MA 02109 ---------------------------------------------------------------------- George H. AKAMI Chairman and Chief Conrades Technologies Executive Officer 201 Broadway of Cambridge, MA AKAMI Technologies 02139 ---------------------------------------------------------------------- Philippe 121 East 65th Director of Viacom P. Dauman Street Inc. and National New York, NY Amusements, Inc. 10021 ---------------------------------------------------------------------- Thomas E. 243 Cleft Road Director of Viacom Dooley Mill Neck, NY Inc. 11937 ---------------------------------------------------------------------- William H. UNCF President and Gray III 8260 Willow Oaks Chief Executive Corporate Drive Officer of The Fairfax, VA College Fund/UNCF 22031 ---------------------------------------------------------------------- Jan SmithKline Chief Executive Leschly Beecham (Retired) of P.O. Box 7929 SmithKline Beecham Philadelphia, PA 19101 ---------------------------------------------------------------------- David T. Orion Safety Chairman and Chief McLaughlin Products Executive Officer P.O. Box 2047 of Easton, MD 21601 Orion Safety Products ---------------------------------------------------------------------- Ken Miller Credit Suisse Vice Chairman of Credit Suisse First Boston C.S. First Boston First Boston Corporation Corporation 11 Madison 11 Madison Avenue Avenue - 22nd 22nd Floor Floor New York, NY New York, NY 10010 10010 ---------------------------------------------------------------------- Leslie Viacom Inc. President and CBS Television Moonves 1515 Broadway Chief Executive 7800 Beverly Blvd. New York, NY Officer of CBS Los Angeles, CA 10036 Television 90036 ---------------------------------------------------------------------- Brent D. c/o Showtime Director of National Redstone Networks Inc. National Amusements, Inc. 1633 Broadway Amusements, Inc. 200 Elm Street New York, NY Dedham, MA 02026 10019 ---------------------------------------------------------------------- Shari National President of National Redstone Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc. 200 Elm Street Dedham, MA 02026 Dedham, MA 02026 ---------------------------------------------------------------------- Fredric V. Bell Atlantic Vice Chairman-- Bell Atlantic Salerno Corporation Finance and Corporation 1095 Avenue of Business 1095 Avenue of the the Americas Development of Americas New York, NY Bell Atlantic New York, NY 10036 10036 ---------------------------------------------------------------------- William Yeshiva VP for Academic Yeshiva University Schwartz University Affairs (chief 2495 Amsterdam 2495 Amsterdam academic officer) Avenue Avenue of Yeshiva New York, NY New York, NY University 10033 10033 ---------------------------------------------------------------------- Ivan Bell Atlantic Chairman of the Bell Atlantic Seidenberg Corporation Board and Chief Corporation 1095 Avenue of Executive Officer 1095 Avenue of the the Americas of Bell Atlantic Americas New York, NY New York, NY 10036 10036 --------------------------------------------------------------------- Patty Bill and Melinda Co-Chair and Stonesifer Gates President of Foundation Bill and Melinda 1551 Eastlake Gates Foundation Ave. East Seattle, WA 98102 ---------------------------------------------------------------------- Robert D. Cardinal Health, Chairman and Chief Walter Inc. Executive Officer 7000 Cardinal of Cardinal Place Health, Inc. Dublin, OH 43017 ---------------------------------------------------------------------- SCHEDULE IV NAIRI, INC. ---------------------------------------------------------------------- EXECUTIVE OFFICERS ---------------------------------------------------------------------- Name and Address of Corporation or Business or Principal Other Organization Name Residence Address Occupation in which Employed or Employment ---------------------------------------------------------------------- Sumner M. Viacom Inc. Chairman of the National Redstone* 1515 Broadway Board of Viacom Amusements, Inc. New York, NY Inc.; Chairman of 200 Elm Street 10036 the Board and Chief Dedham, MA 02026 Executive Officer of National Amusements, Inc.; Chairman and President of NAIRI, Inc. ---------------------------------------------------------------------- Shari National President of National Redstone* Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc. 200 Elm Street Dedham, MA 02026 and Executive Vice Dedham, MA 02026 President of NAIRI, Inc. ---------------------------------------------------------------------- Jerome National Vice President and National Magner Amusements, Inc. Treasurer of Amusements, Inc. 200 Elm Street National 200 Elm Street Dedham, MA 02026 Amusements, Inc. Dedham, MA 02026 and NAIRI, Inc. ---------------------------------------------------------------------- Richard National Vice President of National Sherman Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc. 200 Elm Street Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026 ---------------------------------------------------------------------- *Also a Director SCHEDULE V NATIONAL AMUSEMENTS, INC. ---------------------------------------------------------------------- EXECUTIVE OFFICERS ---------------------------------------------------------------------- Name and Address of Corporation or Business or Principal Other Organization Name Residence Address Occupation in which Employed or Employment ---------------------------------------------------------------------- Sumner M. Viacom Inc. Chairman of the National Redstone* 1515 Broadway Board of Viacom Amusements, Inc. New York, NY Inc.; Chairman of 200 Elm Street l0036 the Board and Chief Dedham, MA 02026 Executive Officer of National Amusements, Inc.; Chairman and President of NAIRI, Inc. ---------------------------------------------------------------------- Shari National President of National Redstone* Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc. 200 Elm Street Dedham, MA 02026 and Executive Vice Dedham, MA 02026 President of NAIRI, Inc. ---------------------------------------------------------------------- Jerome National VP and Treasurer of National Magner Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc., 200 Elm Street Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026 ---------------------------------------------------------------------- Richard National Vice President of National Sherman Amusements, Inc. National Amusements, Inc. 200 Elm Street Amusements, Inc. 200 Elm Street Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026 ---------------------------------------------------------------------- *Also a Director ---------------------------------------------------------------------- DIRECTORS ---------------------------------------------------------------------- George S. Winer & Abrams Attorney Winer & Abrams Abrams 60 State Street 60 State Street Boston, MA 02109 Boston, MA 02109 ---------------------------------------------------------------------- David Lourie and Cutler Attorney Lourie and Cutler Andelman 60 State Street 60 State Street Boston, MA 02109 Boston, MA 02109 ---------------------------------------------------------------------- Philippe Residence: Director of P. Dauman 121 East 65th National Street Amusements, Inc. New York, NY and Viacom Inc. 10021 ---------------------------------------------------------------------- Brent D. c/o Showtime Director of National Redstone Networks Inc. National Amusements, Inc. 1633 Broadway Amusements, Inc. 200 Elm Street New York, NY Dedham, MA 02026 10019 ----------------------------------------------------------------------