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Re: None

Monday, 12/05/2011 10:17:26 AM

Monday, December 05, 2011 10:17:26 AM

Post# of 89270
RSVP, Sumner Redstone worth $4.1B owns shares here

RSVP share structure: 8,359,379 a/o Apr 10, 2004 & 100M A/S
==================================================================
About Sumner Redstone

http://www.forbes.com/profile/sumner-redstone/



Net Worth
$4.1 B As of September 2011


Age: 88
Source: Viacom, self-made
Residence: Beverly Hills, CA
Country of Citizenship: United States
Education: Bachelor of Arts / Science, Harvard University; Doctor of Jurisprudence, Harvard University
Marital Status: Divorced
Children: 2

Forbes Lists
#80 Forbes 400
#288 Forbes Billionaires

#92 in United States
==================================================================
Page: 6 & 7
http://www.secinfo.com/dr4ur.711h.htm

Viacom International, Inc. 1,316,775 (shares) (2) [color=red]16.6%[/color] (of company)

(2) These shares are owned of record by Viacom International Inc., which is
a subsidiary of Viacom Inc. The address of Viacom International Inc. is
1515 Broadway, New York, New York 10036. National Amusements, Inc. is a
controlling shareholder of Viacom Inc. Sumner M. Redstone is the
controlling shareholder of National Amusements, Inc. and is the
Chairman of the Board and Chief Executive Officer of Viacom Inc. and
Viacom International Inc. The address of National Amusements, Inc. is
200 Elm Street, Dedham, Massachusetts 02026. Includes warrants to
purchase an additional 315,000 shares of Common Stock, which can be
exercised within 60 days by Viacom International Inc. at $7.00 per
share and 149,400 shares underlying the Additional Viacom Warrant. See
"CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS."


==================================================================
Agreements in Connection with the Viacom Purchase Agreement

Page: 12

$5,964,000 div by 852,000 shares = $7.00 per share

Pursuant to the terms of a Stock Purchase Agreement dated as of March
22, 1995 (the "Viacom Purchase Agreement"), the Company sold to Viacom, a
subsidiary of Viacom Inc. and an affiliate of Simon & Schuster, Inc., for a
total consideration of $5,964,000, paid in cash: (i) 852,375 unregistered shares
of Common Stock (representing an aggregate of approximately 20% of the Company's
outstanding Common Stock), (ii) warrants to purchase an additional 315,000
shares of Common Stock at an exercise price of $7.00 each, and (iii) an

additional warrant (the "Additional Viacom Warrant") to purchase up to an
aggregate of a number of shares of Common Stock (the "Additional Viacom Warrant
Shares") equal to, at any time, 20% of the shares of Common Stock issuable upon
the exercise of stock options (x) granted pursuant to the 1993 Plan, as such
plan may be amended from time to time, and (y) granted to employees not pursuant
to any stock option plan, at an exercise price of $7.00 per share of Common
Stock. The sale of the Common Stock to Viacom represented the issuance by the
Company, and the ownership by Viacom, of approximately 20% of the Company's
outstanding shares of Common Stock
, on a fully diluted basis on the date of
issuance. Pursuant to a Registration Rights Agreement, dated March 22, 1995, the
Company granted Viacom certain demand and incidental registration rights
pertaining to the Common Stock of the Company held by Viacom
.

Pursuant to the terms of the Viacom Purchase Agreement, the Company,
among other things, has covenanted that it will not pay any cash dividends to
its shareholders without Viacom's prior written consent. In addition, Viacom,
Byron Preiss and the Berman Group (which consists of approximately six other
shareholders of the Company who collectively own approximately 20% of the
Company's outstanding Common Stock, entered into a Shareholders' Agreement dated
as of March 22, 1995 (the "Shareholders' Agreement"). See "Security Ownership of
Certain Beneficial Owners and Management." Pursuant to the terms of the
Shareholders' Agreement, Mr. Preiss and the Berman Group have agreed, among
other things, to vote their shares of the Common Stock to elect to the Company's
Board of Directors a nominee (or nominees) of Viacom proportional to Viacom's
stock ownership in the Company, with Viacom being represented by at least one
seat on the Company's Board of Directors, for so long as it shall continue to
own at least 10% of the Company's issued and outstanding shares of Common Stock,
which percentage by amendment will be lowered to 5%. In addition, pursuant to
the terms of the Shareholders' Agreement, Mr. Preiss and the Berman Group have
granted to Viacom a right of first refusal (the "Right of First Refusal") with
respect to any shares of Common Stock which may in the future be sold by either
Mr. Preiss or members of the Berman Group. Viacom has agreed to provide a
similar Right of First Refusal to Mr. Preiss and the Berman Group with respect
to any sales of Common Stock sold by Viacom. Additionally, in consideration of
the grant to Viacom by Mr. Preiss and the Berman Group of the Right of First
Refusal, Viacom and the Company have granted to Mr. Preiss and the Berman Group,
incidental "piggyback" certain registration rights with respect to any
registration statement filed by the Company on behalf of Viacom, to register
shares of Common Stock owned by Viacom.


==================================================================
Simon & Schuster acquires 20% stake in Byron Preiss Multimedia.

$5,964,000 div by 852,000 shares = $7.00 per share

http://www.highbeam.com/doc/1G1-16692297.html

NEW YORK--(BUSINESS WIRE)--March 23, 1995--Byron Preiss Multimedia Co. Inc. (NASDAQ Symbol:CDRM) today announced that Simon & Schuster, the publishing operation of Viacom Inc. (AMEX Symbol:VIA), through an affiliate, has acquired a 20% equity interest in Byron Preiss Multimedia (through the issuance of 852,000 newly issued shares of the company's common stock -- $.001 par value) for an aggregate payment of $5,964,000. In connection with such acquisition, Byron Preiss Multimedia Co. Inc. issued newly authorized warrants exercisable at $7.00 per share, to enable the affiliate of Viacom to initially maintain its ownership interest in Byron Preiss Multimedia Co. Inc.
==================================================================
Agreements with Simon & Schuster

Page: 13

Simon & Schuster Interactive

In connection with the various transactions referred to above with
respect to the Viacom Purchase Agreement, the Company entered into a Software
Development Agreement, dated as of March 21, 1995, with Simon & Schuster
Interactive, a division of S&S and an affiliate of Viacom (the "Development
Agreement"). Pursuant to the terms thereof, the Company and Simon & Schuster
Interactive have jointly developed products in digital electronic media, based
upon pre-existing third-party and original works, using and contributing their
joint property, resources, names, talent and know-how. It is anticipated that
the joint works will initially consist of CD-ROM computer software products. In
connection with each joint work developed, Simon & Schuster Interactive is to
pay the Company an advance of up to $375,000against future royalty payments
.
Pursuant to a letter agreement, the Company and Simon & Schuster Interactive
increased the amount of the advance to up to $450,000
.


==================================================================
Byron Preiss Multimedia Co. Inc. and Simon & Schuster Interactive sign a multi-title software co-publishing agreement.

http://www.highbeam.com/doc/1G1-16692299.html

NEW YORK--(BUSINESS WIRE)--March 23, 1995--Byron Preiss Multimedia Co. Inc. (NASDAQ Symbol:CDRM) today announced that it had signed an agreement to co-publish CD-ROM software titles with Simon & Schuster Interactive, the multimedia consumer publishing division of Simon & Schuster.

The first CD-ROM title to be covered by the agreement is The American Heritage Multimedia History of the Civil War, based on the classic book by Pulitzer Prize-winning historian Bruce Catton. Also in development is The American Heritage Multimedia History of the United States for Young People. Additional titles will be developed from Simon & Schuster's library of 300,000 copyrights. ==================================================================
Viacom Unit's Move



http://www.nytimes.com/1995/03/24/business/viacom-unit-s-move.html?src=pm

Published: March 24, 1995

Simon & Schuster
, the publishing unit of Viacom Inc., said yesterday that it had acquired a 20 percent equity interest in the Byron Preiss Multimedia Company. The New York-based companies said Byron Preiss would co-publish CD-ROM products with Simon & Schuster Interactive for the juvenile, young adult and reference software markets.


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