• nerdfight

    Halsey Minor's endless complaints

    Multimillionaire CNET founder Halsey Minor is in the news again, for another spat over his expansive art collection. Portfolio explains that Minor got into an "angry email exchange" with famous artist Damien Hirst. There are now "gaping, fist-size holes in the plaster walls" of Minor's San Francisco offices, where Hirst's work used to hang. This comes as Sotheby's is suing Minor over a disputed art auction. After the article ran online, Minor left a rambling comment quibbling with details. But he never disputed the story's central question: Has Minor spent so impulsively and unwisely on art, real estate, new startups, and a new wife (Shannon, pictured with Minor, above), that he's running short on cash? He doesn't answer that. Instead, he declares himself "the baddest psycho in bass fishing." The comment seems as delusional as this moment he recounts in the story: More »
    09/25/08
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    Comment by guyger: H provided the lions share of the first round of funding for Salesforce.com which ultimately became about 15% of the... more » | Other threads

  • oped

    Why Microsoft-Yahoo Would Be Bad News For Media

    In internet land, everybody's very excited about the Redmond software giant's bid for Jerry Yang's languishing internet directory. Where would a combination leave AOL? (Answer: without an obvious acquirer or partner.) What about the challenge to Google? (Finally, a competitor, financed by Microsoft's profits from its bloated operating system and office applications.) Most of the commentary is overblown. Fusing two mediocre internet units, Microsoft's MSN and Yahoo, will not magically produce a dynamic challenger to Google; merely, if business precedent is any guide, mediocrity on a greater scale. Unfortunately, the petrified traditional media companies don't know that. (They don't know anything really.) And that's why the creation of another internet behemoth would be so pernicious. More »
    02/01/08
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    Comment by vulturesquadron: Does anyone really confuse this liquidation of Yahoo for a proper sale? Remember when IBM mattered in the operating system, hardware,... more » | Other threads

  • mtv

    MTV announces plan to succeed on the Internet

    Maybe there's something to this World Wide Web fad after all. Well, anyway, the old boys at Viacom seem to think so. They've got this SVP Jason Witt fellow leading a new group called Digital Fusion. It's devoted to selling ads against MTV content on the information superhighway. Credit Sumner and the boys this much: They know their trends when they see them. But maybe they went too far out on a limb on this one. As Viacom studio execs keep telling striking writers, there's no money in online advertising. (photo by Joe Crawford (artlung))
    12/12/07
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    Comment by sample032: Be fair; there's no money in "music videos," either. It's in reality TV. more » | Other threads

  • quotable

    Sumner Redstone, the 82-year-old chairman of Viacom and CBS, may not use email, blogging, Twitter, or text messaging, but he does understand his business. During his keynote speech at Dow Jones and Nielsen's Media and Money conference, he unleashed a series of pithy quotes. On copyright: "If content is king, copyright is its castle." On YouTube: "Think about it: You cannot pay the rent posting videos on YouTube." On syndication: "We are now in a fragmented search economy, which means we need to extend our content beyond our own destination sites so consumers can reach it more easily ... The content mountain has officially relocated." [Forbes]
    11/08/07
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  • quotable

    "It's good, but you could add a sentence: Google is [bleep] and Viacom is fantastic" — Viacom CEO Sumner Redstone, correcting a reporter's story at last month's Sun Valley mogulfest. [Page Six]
    08/20/07
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  • your privacy is an illusion

    Want Sumner Redstone's secret fax number?

    Feel like sending a fax to Sumner Redstone, the septuagenarian chairman of Viacom and CBS who likes to complain about Google, shave naked outdoors in a hot tub, and spar publicly with his daughter? Fire away. Forbes has inadvertently published what appears to be his secret number, 212-921-4278, in the header of a crotchety letter Redstone faxed over to the publication.
    07/20/07
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    Comment by Owen Thomas: @YourDoctrinaire: Right, good catch! more » | Other threads

  • sun valley

    The mogulfest attended by Rupert Murdoch, Sumner Redstone, and the Google guys ceases to be a war of raging egos, descends into a hand-holding, kumbaya-singing commune. [Dealscape]
    07/13/07
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  • viacom

    Sumner Redstone on his boat, good looks

    Wait a minute, wait a minute. We don't miss boats. Other people miss boats, and they may have missed the Viacom boat.
    Viacom's Sumner Redstone, responding testily to a question on whether or not his company "missed the boat" on Web 2.0. He also shares his tender feelings about Youtube and how smoking hot he looks in comparison to Hollywood Reporter interviewer Scott Roxborough. More »
    02/15/07
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