sumner redstone

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Latest blogosphere posts tagged “sumner redstone”

  • Viacom does well in Q3, but there is still work to be done


    BloggingStocksAuthority Authority: 658
    Filed under: Earnings reports , General Electric (GE) , Time Warner (TWX) , Walt Disney (DIS) , Viacom (VIA) , Sony Corp ADR (SNE) , News CorpB (NWS) , Hasbro Inc (HAS) , Media World Viacom (NYSE: VIA ), a content player in competition with News Corp. (NASDAQ: NWS ), Time Warner (NYSE: TWX ), ...
    1 week ago
  • Jessica Simpson going to Bollywood


    Thaindian NewsAuthority Authority: 708
    Hollywood diva Jessica Simpson will shoot in India starting next week for her VH1 docu-series show “The Price of Beauty”, according to reports.In this show, Simpson will reportedly get some beauty pointers from Bollywood actress-model Neha Dhupia (Singh is Kinng), 29, who was quoted as saying: “I know for sure ...
    3 weeks ago
  • Cure for the Redstone overhang: Sell Viacom and CBS stock!


    Blogs -Authority Authority: 148
    Usually when the chairman of a company dumps nearly $1 billion in stock, share prices tumble off a cliff. But apparently not when its Sumner Redstone. Wall Street has dubbed the phenomenon the "Redstone Overhang." For the past year, investors......( read more )
    3 weeks ago
  • Cure for the Redstone overhang: Sell Viacom and CBS stock!


    Company TownAuthority Authority: 738
    Usually when the chairman of a company dumps nearly $1 billion in stock, share prices tumble off a cliff. But apparently not when its Sumner Redstone. Wall Street has dubbed the phenomenon the "Redstone Overhang." For the past year, investors have been cautious about Viacom Inc. and CBS Corp. stock after learning ...
    3 weeks ago
  • Power Grid Update: ABC’s Jake Tapper And People’s Larry Hackett Soar


    MediaiteAuthority Authority: 803
    When you’re a television reporter, you make news any way you can — then, you see how it affects your Power Grid ranking. ABC White House Correspondent Jake Tapper has a friendly rivalry with his NBC contemporary Chuck Todd , and in the heat of the baseball playoffs facial hair is on the line. That’s ...
    3 weeks ago
  • How Wrong Is Rupert Murdoch To Think Old Media + Pay Wall = The Answer? Very.


    Business Mind HacksAuthority Authority: 103
    Rupert Murdoch in a speech he gave in China entitled The All-You-Can-Consume-For-Free Internet Era Is Over recently said a lot of "not-very-nice" things about the Internet and Internet related companies that I fervently disagree with. Here the most relevant excerpts (my BOLD highlights): There are many readers who ...
    4 weeks ago
  • Sumner Redstone selling his share of CBS, Viacom


    TV SquadAuthority Authority: 720
    One of televisions oldest and most powerful names is about to get a little less powerful. Media mogul Sumner Redstone is selling nearly $1 billion shares of CBS and Viacom to pay off a big portion of his debt to preserve his media empire. He owes nearly $1.46 billion and has to pay at least $500,000 of it by the ...
    4 weeks ago
  • Vid-Biz: The Office, Sigma Designs, DigitalSmiths


    NewTeeVeeAuthority Authority: 701
    The Office Boosts JK Wedding Video; views of the original viral video tripled the day after the sitcom’s homage . ( Visible Measures ) Sigma Designs to Acquire Coppergate; fabless SoC company to buy silicon-based modem solutions firm for $160 million in cash and stock. ( release ) DigitalSmiths Launches ...
    4 weeks ago
  • Floundering Hollywood Wants to Plant One on Chris Pine [Trade Round-up]


    GawkerAuthority Authority: 868
    Firings, sell-offs, suicide stories and Joe Pescis leftovers; Its a bummer of a day for everyone in Hollywood who is not locked into the role of James T. Kirk. • Meet your new action hero overlord: Chris Pine . Already fronting the rebooted Star Trek franchise, Pine has signed on to play the Jack Ryan role ...
    4 weeks ago
  • Media mogul Sumner Redstone to sell nearly $1 billion in stock, maintains empire


    Blogs -Authority Authority: 148
    Sumner Redstones family-controlled firm, National Amusements Inc., this morning said it was selling nearly $1 billion in stock in CBS Corp. and Viacom Inc. to help retire the enormous debt that once threatened to upend the 86-year-old moguls media empire......( read more )
    4 weeks ago
  • Media mogul Sumner Redstone to sell nearly $1 billion in stock, maintains empire


    Company TownAuthority Authority: 738
    Sumner Redstones family-controlled firm, National Amusements Inc., this morning said it was selling nearly $1 billion in stock in CBS Corp. and Viacom Inc. to help retire the enormous debt that once threatened to upend the 86-year-old moguls media empire -- and his legacy. National Amusements plans to sell about ...
    4 weeks ago
  • National Amusements to Sell CBS and Viacom Shares


    DealBookAuthority Authority: 781
    National Amusements, the theater company that serves as the investment vehicle for Sumner Redstone, said Wednesday that it intends to sell some of its stakes in CBS and Viacom to help pay down its debt.
    4 weeks ago
  • To Reduce Debt, Redstones Will Sell Some Shares in Viacom, CBS


    NYT > TheaterAuthority Authority: 913
    National Amusements, the Redstone family movie theater company that also serves as a vehicle to control Viacom and CBS, said it would sell nearly $1 billion worth of shares in the two media companies to pay down its large debt load.
    4 weeks ago

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