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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Wednesday–November 19

Dominoes Redux

Commentary by Steve Effros In my last column, I was only partway through trying to answer the question of “which way the dominoes are going to fall” in the video production and distribution ecosystem. With

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