Fremantle buys majority stake in @radical.media
FremantleMedia has bought a majority stake in @radical.media, an innovator in the growing field of branded entertainment -- the business of incorporating brands and products into the plots of entertainment content like movies, TV shows and video games.
NEW YORK ― Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt.