Finally, Cannes Dealing! Radius-TWC Nabs Director’s … 
Hammond On Cannes: Wet Fest’s Official Competition … 
‘Vampire Academy’ Adds ‘Modern … 
RATINGS RAT RACE: ‘Shark Tank’ Finale Up, … 
Friday Box Office: ‘Star Trek Into Darkness’ … 
Cannes: Worldview Options Andrew Dominik’s Marilyn … 
UPFRONTS 2013: The Overachievers 
‘Mike & Molly’ Creator Mark Roberts To … 
Carey Mulligan, Matthias Schoenaerts Set For … 
Hammond On Cannes: Weinstein Brings Out Stars For 2013 … 
Cannes: Fake Gunshots Interrupt Canal Plus Live Broadcast … 
‘The Great Gatsby’ Starts With $5.4M … 
Cannes: Music Box Snags Competition’s ‘Michael … 
UPDATE: Amazon Studios Begins Pilot Pickups; … 
Bruce Rosenblum Bids Classy Goodbye 
RATINGS RAT RACE UPDATE: ‘American Idol’ Hits … 
UPDATE: ‘Iron Man 3′ Box Office Crosses $1B … 
Upfront Market: Will Auto Makers Subsidize TV … 
Cannes: Thief Makes Off With $1M+ In Chopard Jewelry Meant … 
‘Scandal’ Finale On Small Screen And Onstage At … 
‘Modern Family’ Gets Cable Makeover For Launch … 
I go out for a while and Redstone finally restructures his massive $1.5 billion debt. The announcement came this afternoon that his National Amusements will have a repayment extension to December 31st, 2010 with certain repayments coming in 2009 and 2010. The good news for Sumner is that he won’t have to sell more of his controlling interests in CBS or Viacom. The continuing bad news is that the share prices of both those companies are barely treading water.
Editor-in-Chief Nikki Finke - tip her here.
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No sweat. He’ll just withhold paying his film rental until he can stay far enough in arrears — 90 days, 120 days — to float a mess o’ cash.
You’d think a man who lived through two Depressions, eight recessions, and three years of McKinley-nomics wouldn’t let himself get so overextended.
Or am I thinking about Mr. Burns from the Simpsons?
Sometimes I can’t tell them apart.