Redstone Joins Recovery Chorus

May 8, 2009  •  Post A Comment

Sumner Redstone joined Rupert Murdoch in saying there are signs that an economic recovery is near, TelevisionWeek. Redstone made his comments during CBS’ conference call discussing its $55.3 million loss in the first quarter. Meanwhile, CBS CEO Les Moonves said NBC’s plan to put Jay Leno’s talk show in prime time will pay off for CBS and ABC, TVWeek says.
—Jon Lafayette

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