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Wait a minute, Our prayers have been answered. Tom Freston has surfaced

Published: Thursday, December 21, 2006

AFTER begging Tom Freston to re-surface and make his post Viacom move, an article in today's Wall Street Journal has the media cool cat joining forces with fellow former media-ite Bob Pittman and many others to back upstart, Plum TV.


When music executive Jason Flom stays at his vacation house in Aspen, he likes to check out a morning TV show about local happenings and weather in the upscale ski town. The show airs on a local station that is part of a fast-growing network called Plum TV designed for tony vacation spots.

Mr. Flom, chairman of EMI Group's Virgin Records U.S., liked the TV show so much that he has joined several other big names -- including former Viacom Inc. Chief Executive Officer Tom Freston, former AOL President and Chief Operating Officer Robert Pittman's investment firm, Starwood Capital CEO Barry Sternlicht, Kraft Group CEO Robert Kraft and singer Jimmy Buffett -- investing a total of $20 million into the network as it charts an expansion.


Upstart Plum TV PursuesWealth of Opportunity [WSJ]

Labels: PLUMTV, TomFreston

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