Sumner Redstone: I’m Done Selling CBS, Viacom Shares. I Mean It.

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.

Paulie, Show Mr. Comcast What We Do to People Who Premiere Theatrical Movies on Cable

Comcast’s plan to make movies available on cable TV on the same day that they hit movie theaters appears to be facing an early box-office death. Two of the nation’s largest theater chains–Regal Entertainment Group and National Amusements–have already rejected the idea and said they would refuse to play films offered for day-and-date distribution to [...]