It looks like former Viacom CEO Tom Freston has found at least one outlet for some of the millions he got after chmn Sumner ousted him in Sept. Freston joined a $20 million investment round in Plum, the network of local TV stations serving exclusive areas like Aspen and Martha’s Vineyard. The round was led by The Kraft Group and The Raptor Fund. Plum plans to use the new dough to expand into Sun Valley, ID, and Miami Beach, FL.

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Tuesday–December 23

CFX Review: The Five Industry Stories that Defined 2025

Sometimes, to look forward, you’ve got to look back. As we head into 2026, the CFX editors reflect on the year that was, recapping what they believe were the five biggest stories of the past 12 months.

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