You think you got a good deal on an HDTV last week? Talk to Mark Thomas, who just picked up videogame company Midway games for 99 percent off on Friday. The seller: Sumner Redstone, who is desperately trying to sell off everything except his shares in CBS and Viacom in order to restructure a looming debt load.
Online advertising may be slowing, but that isn’t putting a damper on one of the industry’s biggest trade shows. An insider offers tips on how to navigate.
CBS chairman Sumner Redstone’s message to investors: Don’t worry, I’m done selling shares in my beaten-down media properties. But Redstone, who has already had to sell $233 million worth of CBS and Viacom stock earlier this month, wouldn’t discuss his current debt troubles with analysts during this morning’s earnings call.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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