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1. 

   Sumner Redstone Donates $1.5 Million for Fight Against Polio, Poverty

   8:25 am 8/31/2011

   • by Georg Szalai

   The gift is the latest in a string of donations as the Viacom and CBS Corp. executive chairman shares his wealth. Read more

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2. 

   Sumner Redstone's Daughter Shari Launches Media, Tech Investment Firm

   7:44 am 8/26/2011

   • by Georg Szalai

   The CBS Corp. and Viacom board vice chair is a founder of Advancit Capital, which has invested in app maker Nettle. Read more

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3. 

   'The Godfather' Game to Launch on Facebook

   7:50 am 8/25/2011

   • by Georg Szalai

   Kabam's "The Godfather: Five Families" will go head to head with Zynga's "Mafia Wars."Read more

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4. 

   Entertainment Conglomerate Stocks Drop Amid Latest Market Decline

   10:40 am 8/18/2011

   • by Georg Szalai

   UPDATED: CBS Corp., Viacom, Time Warner, News Corp. and Sony underperform the broader market on Thursday.Read more

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5. 

   Analyst: Google's Motorola Deal Good for Media Giants, TiVo, Bad for Netflix

   7:51 am 8/16/2011

   • by Georg Szalai

   Janney's Tony Wible argues that the Internet company's biggest acquisition ever could make it "a substantial new buyer of content," make TiVo an acquisition candidate and create new challenges for Netflix.Read more

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6. 

   CBS, Other Sector Stocks Rise as U.S. Markets Have Wild Ride

   10:39 am 8/9/2011

   • by Georg Szalai

   UPDATED: Shares of big entertainment companies were on a rollercoaster ride Tuesday with Time Warner hitting new 52-week low during the trading session.Read more

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7. Analysts Warn of Possible Downside of Digital Boon for Entertainment Giants

   3:14 pm 8/5/2011

   • by Georg Szalai

   While such Hollywood conglomerates as CBS and Viacom beat earnings expectations due to deals with the likes of Netflix, BTIG's Richard Greenfield warns that the "love affair with digital licensing may not play out as anticipated."Read more

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8. 

   Viacom CEO Says He Has 'Very Good, Strong' Relationship With Jeffrey Katzenberg

   7:10 am 8/5/2011

   • by Georg Szalai

   Philippe Dauman says he is "proceeding under the assumption" that his company's distribution deal with DreamWorks Animation will end next year, but adds that there is no tension with the DWA CEO about advertising spending on DWA releases.Read more

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9. 

   Viacom Reports Higher Quarterly Profit, Revenue

   9:28 pm 8/4/2011

   • by Georg Szalai

   The conglomerate posted 12 percent U.S. ad revenue growth at its cable networks unit, which also benefited from digital distribution deals, while the film unit had higher TV fee and home entertainment revenue, but lower theatrical results due to timing issues.Read more

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10. Wall Street Debates Entertainment Stocks Amid Renewed Economic Fears

    5:11 pm 8/3/2011

    • by Georg Szalai

    More ad-focused stocks like Viacom and Disney could see investors move money into Time Warner, Liberty Starz and Netflix, says Janney Montgomery Scott as analysts also discuss the outlook for CBS Corp.Read more

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