Word: viacom
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...Reliance Big Entertainment, part of the sprawling conglomerate run by Bombay-based billionaire Anil Ambani. The deal, first reported by the Wall Street Journal last week, would see Reliance providing between $500 million and $600 million to Spielberg's Dreamworks SKG, financing that would allow Dreamworks to split from Viacom Inc's Paramount Pictures...
...Whether the first image is a struggling actor with three day jobs or Lindsay Lohan with three DUIs, Harvard probably doesn’t enter the picture. Although Harvard grads run four of the five biggest media conglomerates—Sony (Michael M. Lynton ’82), Viacom (Sumner M. Redstone ’44), Warner Brothers (Harvard Business School graduate Alan F. Horn), and NBC Universal (Jeff A. Zucker ’86)—the movie capital of the West Coast and the academic center of the East Coast seem to be separate worlds...
...that an appropriate subject for kids? Which kids? And whose? A 6-year-old? Of course not. But some teens are ready to empathize with killers in novels like Crime and Punishment and The Stranger--assigned by high schools, which have greater coercive power than even Viacom does. Others are barely ready for young-adult fiction. Dexter is not The Stranger, but it's not Saw either. Decency protests, however, don't make such distinctions. Killers are killers. One slice fits...
...signature faux news style, conceding the producers' point that it's hard to measure the value of online content: "Online, intrinsic worth is measured in things like number of tears shed over Britney Spears by a heartbreakingly gay teenager," Ross says, before he is interrupted with a note that Viacom, which owns Comedy Central, is suing Youtube for $1 billion for using its content online. After a news clip featuring Viacom head Sumner Redstone, Ross explains, "When you're not paying him, you owe him $1 billion. When he's not paying you, he's not paying...
...licensing fees from AMG. MTV also has deals with AMG and its parent, TECOM Investments, both controlled by the ruler of Dubai, to launch an Arabic version of Nickelodeon kids' channel next year. A Comedy Central channel, film co-production deals with Paramount (a unit of MTV's parent, Viacom) and a Nickelodeon hotel are also under discussion. "Our vision in the long run is to create a global media hub out of Dubai," says Abdullatif al-Mulla, a former Microsoft executive who is TECOM...