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Hollywood Media Transfers Ad Time Back to Viacom

BOCA RATON, Fla. (Reuters) - Online entertainment firm Hollywood Media Corp. said on Wednesday it is transferring $49 million in advertising time back to Viacom Inc., in exchange for the 30.8 percent stake that Viacom holds in the company.<br /> <font size="2" face="Arial,Helvetica,Geneva,Swiss,SunSans-Regular" color="#9c0031">Hmmmm... might we have to restate some earnings? (Hollywood Media is the parent company of …

SOURCE: story.news.yahoo.com at 5:58pm on May 25, 2015

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