Viacom's (VIA +3.5%) buyback plan and initiation of a dividend shows Sumner Redstone has gotten...

|About: Viacom Inc. (VIA)|By:, SA News Editor

Viacom's (VIA +3.5%) buyback plan and initiation of a dividend shows Sumner Redstone has gotten a reality check, Jon Friedman says. Rather than pursue a major purchase, Redstone's noticed that the Street has been cool to media stocks and is building bridges to the financial community.