<![CDATA[Gawker: sumner redstone]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: sumner redstone]]> http://gawker.com/tag/sumnerredstone http://gawker.com/tag/sumnerredstone <![CDATA[Floundering Hollywood Wants to Plant One on Chris Pine]]> Firings, sell-offs, suicide stories and Joe Pesci's leftovers; It's a bummer of a day for everyone in Hollywood who is not locked into the role of James T. Kirk.

• Meet your new action hero overlord: Chris Pine. Already fronting the rebooted Star Trek franchise, Pine has signed on to play the Jack Ryan role previously portrayed by Harrison Ford and Alec Baldwin in a new go-around adapting Tom Clancy's series of espionage novels. [Variety]

• For those CBS and Viacom employees who feel each day the burden of the Redstone yoke, you can take heart today; Sumner is now less your owner than he was last week. The octillionaire mogul has been selling off the debt of his holding company, National Amusements. For now, however, NA still retains the controlling interest. [Variety]

• As the world waits for the final outcome of Vivendi/GE/Comcast talks over the fate of NBC Universal, Nikki Finke reports that Comcast wants the deal "done and announced in November." So there. [DHD]

• Curse be damned! ABC has won the competition to be the next network to fail with a sitcom by a former Friends star, locking up rights to the Matthew Perry project. [THR]

• The Wrap reports that Alex Young, Co-President of Production at 20th Century Fox is being moved out of the job and into a producing deal. Young was a Tom Rothman protege who has been in the job since 2007. [The Wrap]

• Always on the lookout for a feel good project, director Gus Van Sant and novelist Bret Easton Ellis have picked up the rights to "The Golden Suicides," Nancy Jo Sales' Vanity Fair article about the deaths of downtown artists Theresa Duncan and Jeremy Blake. [Variety]

• The creator of the Gilmore Girls is coming to HBO. Exec-Producer Amy Sherman-Palladino has signed a deal to develop a dramedy for the cable network. She described the project as the "story of love, hate, family — and finding the perfect opening line," [THR]

• This is what it's come to in the strange, contorted career of Bill Murray; taking Joe Pesci's leftovers. For those who thought Murray's Zombieland cameo was just a little strange— that he was too big, or had been too big a star for the joke about Woody Harrelson being obsessed with him to completely click — you are right. In an interview with Hitfix, Murray revealed the walk on had been intended for Joe Pesci — with whom the joke would have made a lot more sense — but that Murray took the part after Pesci passed. [Hitfix]

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<![CDATA[Spoiler Alert: The Winner in Monsters vs. Aliens is...Dreamworks!]]> Chopping Block gets chopped, J.J. Abrams gets extended, and Ricky Gervais' next film will be unlike anything he's ever done before except for The Office.


NBC has killed the now-ironically named Chopping Block, a food competition featuring British chef Marco Pierre White after three episodes that grabbed a whopping 2% of 18-to-49-year-olds. It will be replaced by Law & Order: Department of the Health Inspector [Variety].


Paramount has extended its production deal with J.J. Abrams' production company Bad Robot through 2013. Abrams' latest film is Star Trek, due out in May; Morning Glory, a Rachel McAdams-Harrison Ford vehicle, starts production in June [Variety].


Paramount and Dreamworks' 3D cartoon Monsters vs. Aliens opens today on 7,000 screens, 2,000 of which will feature the 3D wizardry. Industry watchers are anxiously awaiting box office to see if anyone will really pay an extra $3 or $4 a ticket to be nauseated for an hour-and-a-half [Variety].


Sony has picked up Ricky Gervais' The Men at Pru, a "coming-of-age tale about a group of men working at an insurance company"—Prudential maybe?-"in the 1970s." Gervais will write, produce, and direct in collaboration with Stephen Merchant. It's unclear whether the pair will successfully be able to capture the essence of what it's like for young men to work in stultifyingly dull white-collar desk jobs [Variety].


Slumdog Millionaire screenwriter Simon Beaufoy will write Truckers, an animated feature for DreamWorks, and not Wolverine II, as the internet had hoped. No one knows what Truckers will be about, though if Beaufoy brings the Slumdog magic, we expect it will involve adorable young truckstop hookers [THR].



Bids are coming in high on Sumner Redstone's movie theater chain, which is good because he needs the money [Variety]. More than 60 actors cast in this year's pilots are foreigners. This will be on Lou Dobbs tonight [THR]. Taye Diggs will play a vampire in Dead of Night [THR].

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<![CDATA[Lohan, Leibovitz Out of Money]]> Because they're lesbians. No, seriously, that is why both the famous actress and the famous photographer are FLAT BROKE. Because of godless girl-love. Also, Matt Lauer ran into a deer.

  • Oh man. Annie Leibovitz had to pawn all her stuff because of THE DEATH TAX. (Conservatives are right!) Because, see, she couldn't marry her long-time partner Susan Sontag, which would've protected her from paying 45 percent on value of the inheritance. (Liberals are right!) But, wait. Susan left everything to her son David.... "Leibovitz was left a maximum of four 'articles of [Sontag's] tangible personal property,' such as art, furniture and jewelry." So, yes, as reported earlier, Leibovitz went broke because she was renovating all her townhouses or something, and there is no news here. [P6]
  • Lindsay Lohan is going to stop acting and start modeling. We are going to stop doing some thing we haven't done in 5 years too (respecting Kanye? caring about Iraq?) and take up something no one would actually pay us to do (journalism). [P6]
  • Oh, and Linds is OUT OF MONEY. Because no one wants to pay some stupid girl-dating girl to show up places, or be in family movies. Amazing how many stories you can get out of one Nylon interview, right? [NYDN]
  • Tone-deaf secret Xtian celebrator of heteronormative sexy girl-on-girl performative polyamory Katy Perry is dating song-belting fop Josh Groban. [ShowbizSpy]
  • Because of the economy, Lauren Conrad pulled her clothing line out of stores, where it wasn't selling, and announced that she's "re-working" the whole thing with "more high-end fabrics," because of the economy and what-have-you. [P6]
  • Christie Brinkley is completely insane. "Not too long ago, my son and daughter were on an online game, and a popup ad came up and they were trying to recruit the kids to a gang. And I thought 'Oh my gosh!'" Just... what? So she took her son Jack to West Side Story to learn that being in gangs is not all fun and games! It is strenuous dancing and occasionally even odd time signatures. Also we are pretty sure she discovered a recession-proof advertiser that will save the newspaper industry! [NYDN]
  • Viacom billionaire Sumner Redstone is 85, and he is divorcing his 46-year-old wife, and he's been seeing "an enticing Eastern European beauty who used to work on one of Viacom's corporate jets," but also he's been going places with that wife he's divorcing a lot lately, so who knows what's up with Sumner's lady situation here, besides EWWW. [R&M]
  • Matt Lauer ran into a deer. [Us]
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<![CDATA[Fake G.E. CEO Drives Drunk]]> 60929.jpgIt regrettable quote day! Josh Broslin called Russell Crowe an "asshole;" Lily Allen defended cocaine; Sumner Redstone bragged about sex and 30 Rock's Rip Torn insisted the ground was drunk, not him.

  • Don Geiss of 30 Rock?Drunk driving. In the wrong lane. Before insisting "the ground wasn't level enough." [Fox News]
  • After some drinking, Josh Broslin told film critics that Russell Crowe is an "asshole" and that the Times' chief theater critic is a "motherfucker." [P6]
  • Before his recent divorce, Sumner Redstone loved to overshare about boning his wife, ruining dinner for everyone."If they show up 15 minutes, half an hour late, they might say, 'We had sex four times today!'" [P6]
  • Lily Allen on media bias: "I know lots of people who take cocaine three nights a week and get up and go to work, but we never hear that side of the story." [Sun]
  • It might seem like Paris Hilton gets around, but she's actually only had sex with "a couple" of guys. (In front of a camera. We're pretty sure she forgot to add that qualifier.) [Sun]
  • Brad Pitt clarified that he romanced Jennifer Aniston's replacement Angelina Jolie in a very classy way, during and/or immediately after his divorce. [P6]
  • Michael Jackson has six months to live, supposedly. [Enquirer]
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<![CDATA[Time Warner Cable To Lose Comedy Central, MTV In Viacom Spat]]> From New York to Los Angeles, Viacom channels like Comedy Central are set to flicker off cable systems in the first minute of 2009. Sumner Redstone's desperation finally impacted your life!

Apparently Viacom and Time Warner Cable have been negotiating over fees for months, and haven't been able to reach a deal. Viacom said it wants an increase of somewhere in the neighborhood of 25 cents per month, per subscriber across all channels, including Nickelodeon, VH1 and MTV. That's pretty bold given the state of the economy, and given that Viacom this year moved more of its content onto the internet, where it can be watched for free, arguably undermining cable subscriptions.

But Time Warner is still jacking up rates in some areas, despite the economy. And Viacom overlord Redstone holds company stock as collateral for personal loans he is desperately trying to renegotiate. Staring down the longest advertising decline since the Great Depression, he's got to be eager to wrangle (for Viacom) whatever revenue increases he can get his hands on.

As Nikki Finke points out, these sorts of disputes are usually resolved within hours of cable systems yanking the channels. They should be especially eager to do so this year: The longer channels stay off cable boxes, the longer subscribers have to find their favorite shows online. The Daily Show is on Hulu now, after all.

UPDATE: Viacom is taking off the gloves with awesome/evil ads like the one up top, involving "SpongeBob Squarepants," and a similar one involving a crying "Dora the Explorer." The Wall Street Journal writes, "While programmers and operators often battle fiercely over contract renewals, Viacom's campaign is notable in its willingness to pull children into the debate."

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<![CDATA[Billionaire Sacrifices Daughter To Stay Solvent]]> 83959410.jpgSumner Redstone is so desperate for cash, he might not even be a billionaire any more. So he's decided his daughter will take the fall, and is embarrassing her with a huge public fight this morning.

The Times, Wall Street Journal, Post — everyone has some kind of story about the infighting, because basically Americans love to watch the rich lose all their money, and then claw at yell viciously at one another, just like people in trailer parks and shacks, and everywhere else really. And also because, oh yeah, crazy Sumner Redstone controls Viacom and CBS.

The story is, Redstone blew his money on crazy investments like Midway Games, which just absolutely hemorrhages money making videogames you've mostly never heard of, plus Mortal Kombat. He also last year donated $105 million to three hospitals, suddenly, after giving no charity, to anyone, ever. And now he has to pay for it all, by selling stocks, because his lenders are literally forcing him to.

Redstone is a stubborn old bastard bastard and refused to sell any Viacom or CBS shares to meet these obligations. Except then eventually he got desperate and was all, "OK, maybe I'll sell a little CBS, fine."

Redstone is still desperate. He can't raise enough money just selling a little CBS stock. So he's going to sell off huge chunks of the company his daughter Shari runs, a movie theater chain, which is basically innocent in this whole mess. Shari, obviously, it totally pissed, and voted against the plan in a meeting of a board committee, but lost.

So now Sumner Redstone might vote his daughter off the board, according to the Times, and presumably out of her job running the movie theater chain, because his lenders are nervous having the CEO of the movie theater chain OPPOSED to the plan to sell off chunks of said movie theater chain. And also if he dies, she becomes chairman of Viacom and CBS, which would make the lenders even more nervous.

In the meantime, Redstone doesn't have to pay $800 million due today, because his lenders are sufficiently impressed with his plan to screw over his own daughter that they're extending his deadline indefinitely while negotiations continue. Or so says the Post.

It's a beautiful Christmas fairytale, really, staged for the whole world in newspaper and tabloid columns.

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<![CDATA[Tina Fey's Command Performance For Greasy Politicos]]> SafariScreenSnapz005.jpg

  • Tina Fey agreed to be Lorne Michaels' awkward circus monkey at gathering of Albany lawmakers discussing TV production tax credits. "She seemed incredibly uncomfortable... Someone said, ‘Do a Sarah Palin!’ and she did a Sarah Palin." Cringe. [NYM]
  • Tom Cruise is dying to revive his Sumner Redstone impersonation from Tropic Thunder. [Scoop]
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    <![CDATA[Redstone Dumps Video Game Biz]]> As predicted, Viacom chief Sumner Redstone sold his stake in Midway Games for pennies on the dollar, just for the tax benefits. We still think he'll eventually have to sell some or all of CBS to pay his $1.6 billion debt. [WSJ]

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    <![CDATA[Gated Community, Nannies' Shortcuts in Turmoil as A-Listers Go to War]]> To hell with the SAG strike: The real feud set to engulf Hollywood's acting community is simmering in the tony enclave of Beverly Park. There, Samuel L. Jackson, Denzel Washington and Sylvester Stallone are just a few of the heavy-hitters embroiled in what has come to be known simply as GateGate.

    According to Page Six, the North Beverly Park Homeowners Association (including Jackson and Magic Johnson, among others) is outraged that the South Beverly Park HOA (representing Washington, Stallone, Eddie Murphy and even Sumner Redstone) has denied it members use of an entry gate on Mulholland Drive — "forcing the south dwellers' nannies, workmen and relatives to drive seven miles around to the south gate."

    Naturally, this effrontery cannot stand; the dueling associations are presently squaring off in court, with the exasperated judge urging reconciliation while the North group's lawyer complained that the smaller, Oscar-challenged HOA to the south should pay for the right to use the gate. Meanwhile, we hear Sharon Waxman is set to report that Denzel's side rejected their neighbors' offer via secret ballot in a high-powered, super-classified dinner at Redstone's joint. Nikki Finke naturally will protest those findings, confirming instead that Sam Jackson's nanny was, in fact, spotted entering the community on Mulholland.

    Such drama! Please let us know if your own Beverly Park detours persist; we're determined to mediate a speedy resolution any way we can.

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    <![CDATA[Panic Finally Breaks Desperate Billionaire]]> If Sumner Redstone had just sold his CBS stock back when it looked like he was in trouble, he might have gotten $10, even $15 per share. Instead he sold only what he was forced to, then wasted a lot of time huffing and puffing in the press about how he would never ever sell another CBS or Viacom share, even though $800 million was due in December. In the meantime CBS shares plummeted to less than $5, and only now is Redstone admitting the obvious: He may have to sell some of that stock. Reports the Times:

    Here is what just about everyone, including those in Mr. Redstone’s inner circle, agrees on: if it gets bad enough, Mr. Redstone has indicated he would be willing to part with CBS, but not Viacom, according to three people briefed on the talks who, like the others involved, spoke on condition of anonymity.

    In the meantime, Redstone is trying to sell the $500 million movie theater chain run by his daughter, who perpetually kind of hates him and with whom he was recently communicating only by FAX. Shari Redstone previously said this whole financial mess is all her dad's fault and has nothing to do with the theater chain. Still: This is definitely a burn, Shari.

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    <![CDATA[Anne Hathaway Has A New Unsavory Boyfriend]]>

    • Anne Hathaway's new actor boyfriend "went after all the young heiresses" when he was at Brown University, which makes him as terrible for her as jailed fraudster Raffaello Follieri, according to Page Six's tipster. [P6]
    • Tom Cruise and Katie Holmes spent their second wedding anniversary apart, on opposite coasts. Make of that what you will. [Mail]
    • The longtime editor-in-chief of Gourmet, Ruth Reichl couldn't get into her own party because she wasn't on the press list. I would not want to be that event planner. [P6]
    • Sumner Redstone, purportedly to his ex-girlfriend on his ex-wife, in a restaurant: "I'm finally rid of her." [P6]
    • Angelina Jolie forced husband Brad Pritt to make an angry call to his ex Jennifer Aniston, in which Pitt "went off" in a "quivering" voice. This according to the tabloid that reported that Aniston was pregnant with twins by John Mayer. [Star]
    • After returning from a summer of TV filming in Spain, Gwyneth Paltrow didn't visit her husband but instead spent some private time with a Miami billionaire, including a jaunt on his yacht with Kate Hudson. [P6]
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    <![CDATA[Sumner Redstone May Settle Loans Via Mortal Kombat]]> 250px-Spy_Hunter.png Desperate mogul Sumner Redstone may be able pay off some of his $1.6 billion in debt before half of it comes due in December. The solution: Sell off Midway Games, money-bleeding maker of classic arcade hits like Rampage, Spy Hunter and Mortal Kombat. Some $800 million in cash infusions for Midway were a major contributor to Redstone's debt and pissed off daughter Shari, according to the Wall Street Journal, which reported Monday morning that Shari just resigned as chairwoman to Midway, signaling a sale may be in the works.In addition to Midway, the Redstones are said looking to unload their slot machine company. What the hell is divorced ole Sumner supposed to do for fun??

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    <![CDATA[David Duchovny Done Rifling Téa Leoni's Mobile Phone]]> 76137221.jpg

    • Recovering sex addict David Duchovny has apparently been convinced those weren't secret sexytime text messages from serial divorcé Billy Bob Thornton on wife Téa Leoni's cell phone. [P6]
    • Oprah Winfrey said on a conference call with Barack Obama and prominent African Americans that they should get out the vote to make the country "truly one nation indivisible." If Obama wins, she totally gets the credit. [Politico]
    • Soon-to-be-divorced Sumner Redstone spent more time with the ex-girlfriend he "unexpectedly" ran into across a dinner table this past summer. [P6]
    • Paris Hilton wore a giant ring on her wedding-ring finger and said it was a gift from a friend, not a transparent effort to get Benji Madden to propose. [Insider]
    • Having moved on from Drew Barrymore to Kirsten Dunst, Justin Long hit on Tila Tequila, asking her to straddle him, in Las Vegas. Cue the "I'm a mack" jokes in three, two... [P6]

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    <![CDATA[How Can Sumner Redstone Save Himself?]]> Sumner Redstone was the first major media mogul to get slammed by the economic downturn, and the Viacom chief's troubles continue. His pending divorce and the comical failure of his video game business are mere distractions. His bigger problem is that his company has $1.6 billion in debt to deal with, and Redstone is squabbling with his daughter about how to do it. For some, it's already too late; we hear that layoffs are coming down at Viacom tomorrow. But for the Redstones, there seem to be only three real options:

    • Sell a stake in National Amusements, the holding company through which Redstone controls Viacom and CBS.
    • Sell a stake in the movie chain business that daughter Shari Redstone runs. Or,
    • Sell off CBS or Viacom.

    Sumner Redstone has vetoed option three. Option two looks attractive money-wise, but it would piss off Shari, and besides, the movie chains are the most consistent money-maker the company has right now. That leaves option one—which could keep Redstone in control while giving him some cash to maneuver with.

    But he doesn't want anyone else telling him how to run his company. So maybe he's just screwed? We'll see!

    [WSJ. The unkindest cut: the WSJ says Shari Redstone "bares a striking resemblance to her father." That's just mean.]

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    <![CDATA[Stupid CBS Dominates Television; Sumner Redstone Still Losing Cash]]> When times are tough, Americans don't want television that makes you "think." They want television that's predictable, television that reruns the same god damn stories week after week with absolutely no sense of drama or uncertainty. Because who wants more uncertainty, in these uncertain days? This is why CBS—old, stuffy, worthless CBS—is now the best-rated television network of the fall season, may god have mercy on our souls. Too bad Sumner Redstone can't make any money off it, though!

    CBS hasn't done this well any time since 1987, before reality TV was invented.

    Apparently, what is good for CBS is a bad economy. CBS’s lineup of police procedurals, where the criminals always get caught, and sitcoms that are reliably funny in unchallenging ways, seems to be becoming a safe haven for viewers worried about jobs and mortgages.

    “When the road gets rocky, the center is the best place to be,” said Kelly Kahl, the chief scheduler for CBS. “It’s kind of a cliché,” Mr. Moonves said, “on CBS the good guys win.” Or as Mr. Kahl put it, “We give people what they want.”

    What people want is the television equivalent of porridge: it fills you up without flavor, and it was beloved by uneducated peasants.

    That should be good news for old mogul Sumner Redstone, who controls CBS and Viacom through his holding company, National Amusements. So why is he having so many money troubles at the moment? Well, besides the ton of money he lost in the current Wall Street crisis and whatever he'll have to pay to his now-ex-wife, it turns out that Redstone has lost hundreds of millions of dollars trying to prop up—wait for it—the maker of "Mortal Kombat."

    Midway, which is best known for the 1990s arcade game Mortal Kombat, has eaten up a lot of quarters without much return. Midway has not reported a profit since the second quarter of fiscal 2000, and over the last three full fiscal years the company has lost $258.9 million.

    Michael Pachter, an analyst at Wedbush Morgan Securities, estimated that Mr. Redstone has spent $500 million to $700 million on Midway shares since 1983.

    Ha. Sumner, I will tell you all about video games for a mere one million dollars.
    [NYT, NYT]

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    <![CDATA[Profligate Executive Owes Billion To 55 Lenders]]> monopolyhead4.jpgIt's almost enough to make you feel sorry for the belligerent old Viacom and CBS owner: Sumner Redstone is facing the sort of debt that would send most people into a nervous breakdown. First he has to weasel out of paying an $800 million Bank of America Securities loan before the end of December. But that's not the worst of it. He then most get unanimous consent from 55 separate institutions to refinance another $800 million loan. The Post thinks he might be toast:

    The sheer number of institutions in the private placement suggests that refinancing National Amusements' debt isn't going to be easy, despite Redstone's proclamations that the discussions are going well.
    "Do you know how difficult it is to get 55 people to agree on anything?" asked one source rhetorically.

    Redstone has to keep his game face on because the alternative is to sell his Viacom and CBS shares (or perhaps smaller units of his holding company) and loosen his grip on the media firms.

    What did he spend the money on? Nothing fun, sadly. According to the Times:

    The sources of that debt go back to National Amusements’ original purchase of Viacom stock; the cost of building movie theaters; a $240 million settlement with Mr. Redstone’s son, Brent; and Mr. Redstone’s purchase of more than 85 percent of the stock in Midway Games as well as loans to Midway, according to a person briefed on the matter.

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    <![CDATA[Bitter Sumner Redstone Clings To His Viacom And CBS Stock]]> 83256386.jpgImagine you have $800 million due to various banks in two months, and your chief holdings are a couple of billion dollars in rapidly-declining CBS and Viacom stock. You've opened some delicate negotiations with the bankers into how you'll, uh, pay them. What do you do? If you're Sumner Redstone, you immediately take the obvious option — sell some more shares! — off the table, and then proclaim you don't know how all this happened because you don't really run your company (National Amusements). Then in the future, presumably, you can tell your mouthy daughter you were "forced" to sell her movie theater chain because it was the only option left, ha ha. That'll teach her to try and be your successor! That's just how Sumner rolls, said the Wall Street Journal:

    Mr. Redstone characterized the [prior October] sale of his $233 million of stock as an "infinitesimal percentage of what I own. I still own billions of dollars of stock." The stake he sold represented about 10% of his holding at the time. "We sold a little bit and the rest is not for sale."

    ...The drama over Mr. Redstone's stock sale raises questions over why National Amusements didn't pre-empt the situation by opening discussions with banks earlier... "While I control National Amusements, I'm not involved in the day-to-day operations," Mr. Redstone said... "Perhaps in the future I'll get more involved."

    The ultra-rich: Learning from their mistakes, one billion-dollar bungle at a time.

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    <![CDATA[Sumner Redstone Divorce Confirmed]]> 72928980.jpgIt's official: Sumner Redstone's second marriage is finished, confirming our exclusive from Friday. Court papers were filed at the end of last week, according to the Los Angeles Times, and now the Viacom chief has issued a statement saying the split is "amicable" and that "we remain close and supportive friends." In other words, wife Paula Fortunato has finally, 14 months after divorce rumors surfaced, agreed to leave, perhaps because she got something beyond her "iron-clad prenup," once thought to be worth a flat $1 million, or because she's actually now earned $5 million, with the prenup now pegged at $1 million per year of marriage. Or maybe the former public school teacher is just tired of living with the mean mogul, 40 years her elder, and of hearing rumors he's been calling some famous comedian's wife. Whatever happened, Redstone is reaching into his pocket at a time when he can least afford it. Writes the LA Times:

    Any divorce settlement would come out of Sumner Redstone’s own pocket, and not his family's Boston-based business, National Amusements Inc., said two people close to the firm. National Amusements is caught in a credit squeeze and Redstone's daughter, Shari Redstone, who runs the company, is trying to restructure its nearly $1.6-billion debt load, including an $800-million bank loan that is due in mid-December.

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    <![CDATA[Is Sumner Redstone Trying to Make it with Another Man's Wife?]]> On the heels of our scoop that 85-year-old Viacom boss Sumner Redstone is splitting from his wife Paula Fortunato, Page Six is reporting that Fortunato is already packing her bags and moving out. The gossip sheet even had to credit Gawker, which meant upgrading us from "a website" or "several blogs" as had been their previous M.O. Now, a new twist. A tipster suggests, "you might want to enquire [sic] as to whether certain unsolicited calls to the wife of a famous comedian/actor are behind the split." Hmmm... Is the old dog hounding some funnyman's lady? Who might it be?

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    <![CDATA[Sumner Redstone Separating From His Wife?]]> We hear from a good source that Sumner Redstone, the 85-year-old media mogul who controls Viacom (which includes MTV, BET, Paramount, and Dreamworks), is separating from Paula Fortunato, his wife of five years. Fortunato will be moving out this weekend, our source says. Redstone married Fortunato—a former public school teacher who is 40 years his junior—in 2003, several years after he divorced his first wife. Redstone's finances are currently under a significant strain thanks to the recent economic meltdown, causing him a good deal of stress. Fortunato's biggest moment in the spotlight came when she reportedly forced her husband to break with Tom Cruise in 2006. There were rumors a year ago that the marriage was not happy; now, according to our source, it's all but over. Anyone with more information can email us. This may be the first sign that relationships based on anything other than love or sexual attraction will be sorely tested by this financial crisis.

    Another source tells us that Martha Stewart and Mark Burnett, the reality show maven who works with her, "had a giant blowout, over money." Along with the timing of this Sumner Redstone rumor, it paints a grim picture. Let's hope this doesn't get so bad that it filters down to the non-rich.

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