Viacom boss pumps more cash into Midway
Further funding sees media giant corner a fifth.
The chief executive officer of Viacom, Sumner Redstone, has poured fresh funds into US games developer and publisher Midway.
In a deal struck in August, Redstone is hoping to bump Midway out of the financial mire that has engulfed the firm since 1999. Reportedly, the media magnate now owns over 20% of the 25 year-old firm.
Exactly what his plans are for Midway remain to be seen. Stay tuned for more thrilling Midway updates.
In a deal struck in August, Redstone is hoping to bump Midway out of the financial mire that has engulfed the firm since 1999. Reportedly, the media magnate now owns over 20% of the 25 year-old firm.
Exactly what his plans are for Midway remain to be seen. Stay tuned for more thrilling Midway updates.
Companies:
Midway
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