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BUSINESS BRIEFS/IN BRIEF.(TO THE POINT)

Investor's Business Daily

| January 04, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MEDIA

Viacom leaps after CBS spinoff

The parent of Paramount Pictures studio, MTV and, soon, DreamWorks SKG, shot up 4% to 41.54 on the strong NYSE debut of its just-spunoff CBS, which rose 3% to 26.20. The network joined Viacom in '99, but under shareholder pressure to unlock value, Viacom decided to spin off its slower-growth broadcast and publishing firms from its faster-growing movie and cable units.

Starz, Microsoft make movie play

Starz Entertainment Group is launching a movie download service for $9.99 a month that lets consumers view films, concerts and TV shows on portable devices powered by Microsoft software. Users will be able to download unlimited programs on up to 3 devices, including Windows-based computers. Starz is ...

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