From KCRW in Santa Monica, I'm Matt Holesman, sitting in for Claude Rodessor Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes?

I mean, you really got a rap and be all at, but prepare yourself for the breaks, check it out.

This week on the business is the Tom Bradley effect affecting the movies, or is weak box office for black

movies just self-fulfilling prophecy? Plus music mogul Danny Goldberg and the future of the music

industry. But first, it's the Hollywood News Caravan. Go nowhere, it's the business from

KCRW.

Stockholders in Viacom and CBS were terrified to hear that Sumner Redstone was dumping a sizable number of shares in both companies to pay off debts for their parent company.

National Amusements was forced earlier this month to dump $233 million worth of stock it had used as collateral in a bank loan. A deep drop in NAI's stock had caused the bank to call in its loan. Redstone assured stockholders that he would not sell, quote, a single share more, but analysts are skeptical, especially considering the bad financial shape CBS is in.

Quote, I can't imagine it getting any worse than it is now, CBS Chief Les Moonvest said,

proving more than anything else that he lacks imagination. Elsewhere, Bloods in, Porns Out in Utah, read Richard Johnson's page six piece in the New York Post last Monday.

Let me read it for you, shall I?

Utah jazz owner Larry Miller's Megaplex theaters refused to book the Weinstein Company's new R-rated comedy, Zach and Mary make a porno, saying it's too raunchy for religious conservative audiences.

Quote, we feel it's very close to an NC17 with its graphic nudity and graphic sex,

the chains Cal Gunderson told the post.

Asked why Megaplex has no problem showing the R-rated ultra-violent Saw 5,

which shows a man forced to crush his own hands to escape a pendulum cutting him

in half, Gunderson said, no comment. Speaking of torture, producers have agreed in concept to sit down

with a federal mediator in their negotiations with the Screen Actors Guild. As we record this,

Juan Carlos Gonzalez is scheduled to meet with producers and begin the long process of mediation.

A strike threat by the actors helped push producers into this meeting, but like any promise made at gunpoint, it's unlikely to be followed through with any enthusiasm.

Finally, first NBC brought back its 75-year-old chimes. Now they're bringing them up to date.

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