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...ousting Tom Freston as CEO of Viacom and replacing him with a hand-picked confidante on Tuesday, Chairman Sumner Redstone has sent a message to Wall Street and Hollywood, for the second time in less than a month, that he's running the show at the entertainment conglomerate he controls. But that news didn't seem to hearten many folks in either quarter about Viacom's outlook...

Author: /time Magazine | Title: Redstone Tightens His Grip | 9/5/2006 | See Source »

...after building the MTV unit into a lucrative global brand, Redstone made it clear that he and the company's other directors felt that the man who at one time was regarded as his heir apparent hadn't been bold enough as leader of the parent. "We love Tom, but the board felt that not enough was being done," Redstone said during a Tuesday morning conference call with investment analysts and journalists. "We were not moving as entrepreneurially and aggressively as we should. Our communication with Wall Street was deficient and the stock price reflected it, suggesting that maybe Wall...

Author: /time Magazine | Title: Redstone Tightens His Grip | 9/5/2006 | See Source »

...matured past childhood knows of the need to cooperate with others to do anything constructive. Bullies may win for a while, but they never succeed in the end?and their end is always ignominious. The Bush Administration must be held accountable for what it should have known. Tom Ehlinger Bloomington, Minnesota...

Author: /time Magazine | Title: Letters | 9/4/2006 | See Source »

Call it the Fran Townsend treatment. Once in 2004, when then Homeland Security Under Secretary Asa Hutchinson tried to beg off giving his department's view on raising the terrorism threat level to orange until he checked with his boss, Tom Ridge, Townsend cut him off. "I need to know now," snapped George W. Bush's top adviser for counterterrorism and homeland security. "The President will be calling, and I have to have an answer." When Representative Peter King, chairman of the House Homeland Security Committee, phoned Townsend earlier this year to complain that the Coast Guard was dragging...

Author: /time Magazine | Title: The Terror Consigliere | 9/3/2006 | See Source »

...Kokkinos follows. As suggested by the Biblical title it shares with Rupert Thomson's novel, it's all about divining truth from life's inherent mysteries. And for much of the film's two hours, time stops as audiences are asked to stand in the shoes of dancer Daniel (Tom Long), whose nightmare performance seems never-ending and all too real: on the day of his new production's opening night, he awakens in a blindingly white room where, drugged and chained, he becomes the sexual slave of three mysterious masked women. A dozen days pass like this, and audiences...

Author: /time Magazine | Title: Chained Melody | 9/3/2006 | See Source »

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