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Redstone selling Viacom, CBS Corp. stock
U.S. theater chain owner Sumner Redstone is dumping his stake in Viacom and CBS Corp., analysts say. Analysts said the sale of nearly $400 million in non-voting shares in the two entertainment companies by Redstone's National Amusements theater company is likely due to the ongoing economic crisis nationwide, The Hollywood Reporter said Friday.The unidentified industry observers said the company, which holds Redstone's shares in the two groups, will likely use the proceeds to comply with credit c more...

11.10.2008 - Obama paying $2M for TV network spots
11.10.2008 - Olympic Games should benefit NBC
11.10.2008 - Stone: 'W' sheds light on Bush's impact
11.10.2008 - UPI NewsTrack Entertainment News
11.10.2008 - 'Top Model' spinoff to walk runway
11.10.2008 - Pitt joins Tarantino in Germany for film
11.10.2008 - 'Knight Rider' getting additional episodes
11.10.2008 - Berry unveils new signature perfume
11.10.2008 - Poll: Hurley 'safety pin' dress best gown

- GOP's Christopher Buckley backs Obama
- U.S. news media reduces Iraq presence
- Garber: Garner 'beautiful' while pregnant
- Pitt joins Tarantino in Germany for film
- Cook calls cheating on Brinkley 'mistake'
- Berry unveils new signature perfume
- Poll: Hurley 'safety pin' dress best gown
- 'Knight Rider' getting additional episodes
- 'Top Model' spinoff to walk runway
- N. Korea: Kim Jong Il makes troop visit