tagged w/ Sumner Redstone
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Reports have confirmed that WB has bought out Midway Chicago for 49 Million. Shortly after acquiring Midway under its corporate umbrella, WB decided to change the name to WB Games Chicago and close all their original corporate offices, which was separate from their development studio. With the corporate offices closing, 20% of Midways work force was laid off, including the CEO, Matt Booty.Reports have confirmed that WB has bought out Midway Chicago for 49 Million. Shortly... more
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Sumner Redstone plays hardball! After threatening to pull Dora (in full page newspaper ads) Time Warner caved in yesterday and gave their pennies to the bully. Though this episode of bullying is over, my daughter is STILL asking me why Dora was crying. Sumner really abused the Dora character for a crummy 23 cent increase (per viewer). Which got me thinking that we should all send some pennies to the bully, as a means of protest. If you're onboard, send your pennies to:
Sumner Redstone
Viacom
1515 Broadway New York, NY 10036
At the very least the mailroom will have to figure out what to do with all the pennies!Sumner Redstone plays hardball! After threatening to pull Dora (in full page... more
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Watching the Redstone clan is better than watching TV. Sumner Redstone is so far in debt he's hoping the Pixar release of Up can save him. Read the twisted tale of love and greed that put Sumner, head of Paramount Pictures, in this predicament.Watching the Redstone clan is better than watching TV. Sumner Redstone is so far in... more
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Sumner Redstone has a big bar tab coming due, and to make good he has to either lose Paramount Pictures, his daughter's movie theater chain or his toes. You choose which he'll decide to keep. Read my article to find out more.Sumner Redstone has a big bar tab coming due, and to make good he has to either lose... more
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Here's something that might provide a bit of solace amid the plunging values in your retirement accounts: Warren Buffett is losing lots of money, too. So are Kirk Kerkorian, Carl Icahn and Sumner Redstone.
They are still plenty rich, but their losses — some on paper and others actually realized — illustrate how few have been spared in today's punishing market when even big-name investors, corporate executives and hedge-fund titans are all watching their wealth evaporate.
The portfolio damage for some of these high-flyers has soared to billions of dollars in recent months. And they can't just blame the market's downdraft — some did themselves in with badly timed stock purchases or margin calls on shares bought with loans.
"It's always hard to beat the market no matter who you are," said Robert Hansen, senior associate dean at Dartmouth's Tuck School of Business. "But when the ocean waters get that rough, it is hard for any boat to avoid getting swamped."
It has been a painful year for anyone exposed to the stock market. The Standard & Poor's 500 stock index, considered a barometer for the broad market, has lost about 36 percent since January, with every single sector — including once thriving energy and utilities — seeing declines of about 20 percent or more.
Such losses in the last year have wiped out an estimated $2 trillion in equity value from 401(k) and individual retirement accounts, nearly half the holdings in those plans, according to new findings by the Center for Retirement Research at Boston College. Similar losses are seen in the portfolios of private and public pension plans, which have lost $1.9 trillion, the researchers found.Here's something that might provide a bit of solace amid the plunging values in... more
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bshipp
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added this
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3 years ago
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WeAreChangeLA is a leader in the emerging and vital international network of grassroots, citizen based journalist/activist co-operatives under the banner of "WeAreChange."
This clip was filmed at a recent red carpet gala at Paramount Studios called "Hollywood Salutes Israel." After setting the scene and showing the grassroots media co-operative step up alongside the 'big boys,' Jeremy Rothe-Kushel, one of the founding members of WeAreChangeLA, interviews and dialogues with Viacom CEO, Sumner Redstone. Included in the brief but fruitful interaction was discussion of the role of truth in global media, a recent international poll that showed millions and millions of people don't believe that Al-Qaeda architected the attacks of 9/11/01, and the ethical imperative of denouncing state-sponsored, false-flag terrorism as a discredited form of statecraft for civilized nations in the 21st century.
WeAreChangeLA is able to bring to light and up for discussion some of the most controversial issues of the day, issues that, if addressed, might have deep potential for positive transformation. while engendering a tone of passion, respect, fun and humility.
Current TV has the chance to further its role in leading the way towards the empowerment of crucial grassroots journalism by being one of the first networks other than CSPAN to bring some of the most censored and distorted facts and perspectives to television.
WeAreChangeLA is a leader in the emerging and vital international network of... more
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