Daily Marauder


MISC by Marauder

MISC

Sumner Redstone’s family holding company, National Amusements, is said to be kicking off an auction to sell parts of its movie-theater chain. The move aims to pay down debt and help Redstone avoid having to sell some or all of his controlling stakes in Viacom and CBS. (Iwantmedia 3/27, http://online.wsj.com/article/SB123808650011149523.html 3/27)

Nearly 800 jobs are being eliminated at Disney’s Walt Disney World resort in Orlando, sources say. Disney, which employs about 62,000 “cast members” in Central Florida, is making cuts as the company reorganizes its domestic operations. More layoffs are expected. (Iwantmedia 3/27, http://www.clickorlando.com/money/19026688/detail.html 3/27)

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