Media Quicky: Mel Karmazin loved Viacom the way it was
Published: Wednesday, July 12, 2006
In a recent interview Sirius Satellite Radio CEO and former Viacom Prexy Mel Karmazin said that he wouldn't have split Viacom in two because he was the one who put them together. Deep down we all know why the company was split in two. Like to hear it hear it goes:In an effort to not choose a successor and upset the other, Viacom grand daddy Sumner Redstone decided to split the company so both Les Moonves and Tom Freston can be CEOs. However if your not stupid, Tom Freston is the winner. How you ask? Well the name of the company that included CBS in the fold was Viacom, they split off CBS gave it back to Les and gave Tom the CEO-ship of Viacom. Labels: MelKarmazin |




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