Media Bubble: Sell, Buy, Drop
• Sure, Sumner Redstone is selling off Viacom shares, but it's all a formality. It's not like he's seen the new season of "Mencia" or anything. [NYT]
• No matter how many Viacom shares are floating around, Viacom is not buying The Onion. Also, Jon Fine is very disappointed in you, Arianna. [BW]
• When even the mouth-breathers who spend more time with "SportsCenter" than they do with their kids won't buy your phones, it's time to get out of the business. [THR]