Eugene David ...The One-Minute Pundit |
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Wednesday, August 09, 2006
Wenner Media this morning said it will buy back the 50% stake in Us Weekly that it sold to Walt Disney Co. five years ago. Though Wenner didn't disclose terms, Disney said during an earnings conference call today that Wenner will pay about $300 million to get out, while Disney paid about $40 million for the stake in February 2001.
Someone gets the better of -- JANN THE PEACE-AND-LOVE TYRANT?
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