In the online version of the Q&A with Viacom boss Sumner Redstone in Sun’s The NY Times, the octogenarian says Tom Freston and he are "…gonna do a gambling channel, which everyone’s interested in. I came up with the idea." He also calls Freston "a genius" and of the proposed gay channel says "we believe [it] will be worth billions… . The demographic is enormous. The people spend tons of money, I mean, that community. Advertisers love it."

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Friday–July 26

Paramount Shareholder Sues Over Skydance Merger

A Paramount shareholder filed a lawsuit in Delaware’s Court of Chancery on Wednesday seeking to block the merger agreement with Skydance Media . The lawsuit from shareholder Scott Baker alleges that

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