Shari Redstone resigned as chairman of Midway Games, the money-losing video-game company controlled by her father, billionaire Sumner Redstone, to focus on refinancing efforts at the family's National Amusements. Peter Brown, a member of the board since 2005, was appointed to replace her, Chicago-based Midway said in a statement. Brown is the chairman and chief executive officer of AMC Entertainment, the movie theater chain. National Amusements, which controls both Viacom and CBS Corp., was forced to sell $233 million of its holdings in both media companies last month to remain in compliance with debt covenants. Shari Redstone, 54, is part of the board committee at National Amusements overseeing talks with banks. Wanda Whitson, a National Amusements spokeswoman, said Shari Redstone wouldn't comment...
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