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Viacom cuts Sumner Redstone’s salary |
| September 25th, 2006 under Movie Star Gossip. [ Comments: none ]
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Viacom Inc., a media conglomerate that owns MTV and VH1, said Monday that it was cutting the cash salary and bonuses of its chairman and controlling shareholder, Sumner Redstone, and linking most of his compensation with the performance of the company’s stock. The new employment agreement ties Redstone’s pay more closely with the interests of shareholders. It is also in line with similar pay packages the company gave to Philippe Dauman and Thomas Dooley, two longtime confidants of Redstone who recently returned to run the company after Redstone ousted former CEO Tom Freston. Under the new agreement, beginning in 2007, Redstone’s salary will be reduced to $1 million per year from $1.75 million and deferred compensation of $1.3 million per year will be eliminated. Also, Redstone’s target cash bonus will be reduced to $3.5 million per year from $6.1 million. He will also receive an annual award of stock options having a grant-date value of $3 million and an annual award of performance share units with a grant-date target value of $3 million.
AP
You know Tom Cruise is loving this.
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Boy has Richard Gere aged. |
| August 14th, 2006 under Movie Star Gossip, Reba McEntire. [ Comments: none ]
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It might just be the beard but for the first time I am thinking I would not tap that.
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Jodie Foster won’t you not be our neighbor |
| August 10th, 2006 under Jodie Foster, Movie Star Gossip. [ Comments: none ]
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Neighbors in Jodie Foster’s West Village building say she’s unfriendly. “We live in a sociable building where people treat each other in a friendly manner. Ms. Foster is an exception to this general rule,” a neighbor reports. “During the 3 1/2 years she has had an apartment in my building, she has displayed bad manners such as turning her back on neighbors rather than saying ‘hello’ . . . It’s as if Ms. Foster is afraid of contact with her neighbors . . . Ricki Lake, the prior owner of Ms. Foster’s apartment, was always courteous and friendly – we all miss her.” Foster’s folk had no comment.
Celebrity Mound
She looks like a bitch, doesn’t she? She used to be someone, but not recently. Have you seen Flightplan? It is BAD, not even Razzie worthy.
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Jack Nicholson buys Marlon Brando’s house |
| August 1st, 2006 under Movie Star Gossip. [ Comments: none ]
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Jack Nicholson, who had purchased the house of his late friend and neighbor Marlon Brando, sadly tells me that the house has become "derelict." It held many memories for Jack. But it has been attacked by mold. "And getting the mold out would be difficult. It’s more than likely we will take the house down," Nicholson said. Marlon had become a recluse in that house in his final years. During that time, Marlon had told me how adept he’d become as an artist working at his computer. It was a sad, final chapter.
Army Archerd
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Hilary denies saying she is a virgin |
| July 27th, 2006 under Movie Star Gossip. [ Comments: none ]
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Elle magazine recently printed a Hilary Duff story in which they claim the 20-year-old actress/singer said she is a virgin. MuchNews spoke with Hilary yesterday, and she had this to say about the eyebrow-raising quote: "The thing is that I didn’t say that. I wouldn’t say that. I don’t know how [the writer] got that out of what I said." Duff went on to say that the subject is "definitely not something that I would talk about or that I would want people to focus on. Or that I even think it’s appropriate to talk about. Whose business is that?"
MuchMusic
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