Mel Karmazin
Mel Karmazin
Melvin Alan "Mel" Karmazin is an American executive. He co-founded and was the president of Infinity Broadcasting and eventually became the president and CEO of CBS. From 2004-2012, he was the CEO of Sirius Radio. In October 2012, Karmazin announced that he would be stepping down on February 1, 2013. Upon his departure, John C. Malone took over Karmazin's role at SiriusXM...
NationalityAmerican
ProfessionBusinessman
Date of Birth24 August 1943
CountryUnited States of America
advertising announced areas believe both cbs company create infinity operating outdoor television value virtually
During the quarter, we announced acquisitions in virtually all operating areas of the company -- in television stations, the Internet, outdoor advertising and syndication, ... We believe these new investments will create significant value at both CBS and Infinity in the years ahead.
consumer continuing hot products radio satellite
Satellite radio is very hot and is continuing to be one of the fastest-growing products in consumer electronics history.
consumer continuing expect hot million pace products radio satellite start strong
Satellite radio is very hot and is continuing on pace to be one of the fastest-growing products in the consumer electronics industry. We are experiencing a strong start to the new year, and we expect to end 2006 with over 6 million subscribers.
future growing market picking share
Blockbuster has been picking up market share and growing the business, ... very enthusiastic about its future prospects.
great happy leader people run sorry terrific
Dick has been a great leader and he's done a terrific job, and I'm sorry to see him leave, ... Do I think the NYSE would be better run without Dick? No. Do I think the NYSE would be better if I wasn't on the board? No. But if people didn't want me on the board, I'd be very happy not to be on the board.
believe company continue remains
Viacom remains fundamentally strong, and we continue to believe that the company is well positioned for the remainder of 2001 and over the long term.
advertising believe companies levels normal return spoke uncertain
Most companies we spoke with believe they will return to normal advertising levels but are uncertain about the timing,
category choose matter spend whether
Whether you want radio, Internet, or cable, we can take your money, no matter what category you choose to spend it in.
I think it will be great, ... I can't think of anything better for us.
deal
Mel is a roll-up guy, a deal guy,
clues company internet mtv reach television tv
From the Internet to television to radio, Viacom is going to be there, ... It is the only company that can reach every demographic from (children's TV program) Blue's Clues to MTV to CBS.
amount benefit cash continues fully generate infinity integrate levels performing portfolio record time tremendous
There could be no better time to fully integrate Infinity with Viacom's tremendous portfolio of assets. Infinity is performing at record levels and continues to generate a tremendous amount of free cash flow that will now fully benefit Viacom.
add continue created expect fully obviously prior single stern value year
We think that Howard Stern is going to add subscribers every single day. Obviously for the 20 years that he was with his prior employer, he created value for them every single year and we obviously fully expect that to continue going forward.
best continued experience growth increased market quarter share strong subscriber third
We continued to experience strong subscriber growth during the third quarter, which was the best third quarter in our history, and increased our market share from the year-ago quarter by more than 20%.