Sumner Redstone

« Review: Verizon MiFi 2200 - We love everything but the bill AMD ATI Radeon HD 4890 launched with 1GHz speed » Sumner Redstone (center) with daughter Shari Redstone (right) and granddaughter Kimberlee Korff in 2003. Credit: Kevin Winters / Getty Images Creditors of Midway Games have filed a lawsuit against the Chicago company’s board members and former majority owner Sumner Redstone , alleging that his sale of Midway in November was a “fraudulent transfer” that benefited the media mogul while pushing Midway into bankruptcy . The suit, filed Monday in federal bankruptcy court, claims that Redstone sold his 87% stake to investor Mark ... Read Full Story

Yesterday, Sumner Redstone was due in a Manhattan court to speak in regards to the sale of Midway to Mark Thomas . That never happened, but Sumner and business partner Robert Steele’s attornies did appear in a Bankruptcy court in Delaware on Friday in an attempt to get out of the scheduled deposition, Game Politics reports . As a result, Sumner will now be required to appear this upcoming Friday. Curious is the lack of his daughter, Shari, in any of the proceedings on Friday. She was due to appear in Manhattan last Thursday, March 19th, for her deposition. Sumner Redstone appeals Midway sale ... Read Full Story

by Tom Miller Remember a few years ago when Tom Cruise achieved virtual pariah status? He jumped on Oprah’s couch, he had a falling out with Viacom’s Sumner Redstone, he ridiculed Matt Lauer’s glibness (our favorite part of Matt Lauer outside of his smile is his silver tongue), sparred with poor Brooke Shields , convinced people that Katie Holmes had been brainwashed and made us forget all of the awesome work he’d done in his career. He, therefore, became the target for the largest Schadenfreude campaign that the snark-arazzi had ever launched. His height was derided, revisionists panned the homoerotic volleyballing in Top Gun ... Read Full Story

AP - Documents show entertainment mogul Sumner Redstone has finalized the divorce from his wife of five years. Read Full Story

Earlier this month GamePolitics broke the news that media mogul and former Midway owner Sumner Redstone had been subpoenaed for a deposition by unsecured Midway creditors who suspected hanky-panky in the November sale of the Mortal Kombat publisher for a mere $100,000 last November. According to Redstone’s subpoena , he was to be deposed in Manhattan yesterday. But attorneys for Redstone and business associate Robert Steele appeared in Bankruptcy Court in Delaware on Friday in an attempt to quash those subpoenas. That maneuver failed, however, and the Court ruled today that Redstone’s deposition was “ appropriate .” That being the case, Redstone will be ... Read Full Story