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<title>News Topic - Sumner Redstone</title>
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<description>Latest news about Sumner Redstone from news-spider.com. News from more than 2,000 sources, updated continuously.</description>
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<pubDate>Wed, 7 Jan 2009 23:08:57 GMT</pubDate>
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<title>Red Hot At 85</title>
<link>http://www.news-spider.com/comments/1231331554</link>
<description>SUMNER Redstone might just be too much man for one woman. The CBS and Viacom chairman, 85, is divorcing his wife of five years, Paula Fortunato, 47, and has been seen lately with ex-girlfriend Manuela ...</description>
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<pubDate>Wed, 7 Jan 2009 08:12:28 GMT</pubDate>
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<title>Analysts ponder media industry's next victims</title>
<link>http://www.news-spider.com/comments/1230694176</link>
<description>Reuters - Media giant Tribune recently filed for Chapter 11 bankruptcy protection and Sumner Redstone's National Amusements theater chain violated a debt covenant. The moves beg the question: Who, if  ...</description>
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<pubDate>Wed, 31 Dec 2008 01:51:26 GMT</pubDate>
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<title>Dog movie tops Christmas box office</title>
<link>http://www.news-spider.com/comments/1230651958</link>
<description>Hollywood loves a good mantra and one of the most oft-repeated in recent months has been: "The movie business is recession-proof." That's not entirely true, but there's no doubt that the holiday weeke ...</description>
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<pubDate>Tue, 30 Dec 2008 14:22:00 GMT</pubDate>
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<title>Will There Be No More Billionaires in the Year 2009?</title>
<link>http://www.news-spider.com/comments/1229985114</link>
<description>As the year comes to a close, the Business Sheet has taken a tally of how much this city's moguls have lost in the great economic bonfire of 2008. The damage--which reaches into the billions--makes us ...</description>
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<pubDate>Mon, 22 Dec 2008 20:05:59 GMT</pubDate>
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<title>Redstone and daughter said to clash on debt plan</title>
<link>http://www.news-spider.com/comments/1229721693</link>
<description>Sumner Redstone and his daughter, Shari Redstone, are feuding again, this time over Redstone's efforts to renegotiate debt owed the Redstones' movie theater company.</description>
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<pubDate>Fri, 19 Dec 2008 15:23:10 GMT</pubDate>
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<title>A Mogul Dodges A Bullet</title>
<link>http://www.news-spider.com/comments/1229671796</link>
<description>Sumner Redstone's National Amusements and its creditors have agreed to extend indefinitely today's deadline to repay $800 million in debt so the two sides can continue to try to work out a refinancing ...</description>
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<pubDate>Fri, 19 Dec 2008 06:23:04 GMT</pubDate>
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<title>Midway Facing Bankruptcy In January 20, 2009</title>
<link>http://www.news-spider.com/comments/1229617065</link>
<description>When Midway majority shareholder Sumner Redstone sold off his 87% stake in the company for a paltry $100K, the move did more than send stock prices plummeting. Due to the change in control, Midway's c ...</description>
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<pubDate>Thu, 18 Dec 2008 09:22:45 GMT</pubDate>
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<title>A Reprieve for Sumner Redstone</title>
<link>http://www.news-spider.com/comments/1229560196</link>
<description>Read full story for latest details.</description>
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<pubDate>Wed, 17 Dec 2008 22:05:00 GMT</pubDate>
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<title>Midway Cuts Staff, Games</title>
<link>http://www.news-spider.com/comments/1229542473</link>
<description>In its first major move since Sumner Redstone sold a controlling stake, video game company Midway Games unveiled several cutbacks Tuesday, including a 25 percent staff reduction. </description>
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<pubDate>Wed, 17 Dec 2008 17:11:00 GMT</pubDate>
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<title>Midway Cuts 25% Of Staff</title>
<link>http://www.news-spider.com/comments/1229495446</link>
<description>Midway Games Inc., the video-game maker sold this month by Sumner Redstone, will eliminate 25 percent of its work force and suspend development of some titles to scale back expenses as the company wor ...</description>
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<pubDate>Wed, 17 Dec 2008 05:52:26 GMT</pubDate>
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