During the past year, Viacom CEO Sumner Redstone has increased his stake in Midway to over 70 percent. Although these moves were said to be independent of Viacom, Redstone recently filed with the Securities & Exchange Commission, calling for a review of the company's expansion into videogames. However, analysts have been quick to dismiss the rumors, as Richard Greenfield (of Fulcrum Global Partners) expressed in Reuters, "Investors would look very dimly on an acquisition as the synergies are not that significant." Despite the doubt, Viacom's move into the industry would carry several key licenses with it, namely Nickelodeon and MTV.
