Morning Wire: Cheapskate Phillippe

And now the morning's worthy media business news according to us: Viacom's new CEO signal's that he is a penny pincher. He says that the company is only interested in buying internet companies if they cost under $100 Million in an effort to build up the company's internet portfolio. See what happens when you lat a good thing get away? [NYP] Jeff Bewkes is really getting the hang of things, and he may have put AOL on the path to recovery which will make Wall Street welcome him with open arms once he takes over. Wonder what Dick's been up to? Probably getting his team together to take NYC by storm in 09 [NYP] Corporate thug Carl Icahn lost some cash yesterday in the neighborhood of about $26 Million due to his recent efforts for yet another company to look and feel the way he wants it to [NYP] Youtube is on the hunt for talent and cut ABC and Cingular in on the deal [Reuters]