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
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Most companies we spoke with believe they will return to normal advertising levels but are uncertain about the timing,
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Today's announcement is the culmination of a process that began with the merger of Viacom and CBS and realizes an important opportunity to bring new efficiencies to the broadcast business, while maintaining the distinct voices of CBS and UPN,
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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.
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The business model is still principally subscriber driven with advertising being a nice add-on.
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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.
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This market is terrific for Viacom to participate in,
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Satellite radio is very hot and is continuing to be one of the fastest-growing products in consumer electronics history.
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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.
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If Exxon and Mobil can combine, then why can't I buy NBC?
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I can't tell you what the price would be, but it certainly would be an asset we would be interested in if it were available,
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I believe that America deserves a choice in the content that it wants to receive.
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The company expects to benefit from the ratings improvement at the CBS television network which, combined with the reduction in its cost structure, will enable the network to become a positive contributor to the company's future cash flows.
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This is a huge win for WWF as they continue to build their powerhouse brand, and a huge win for Viacom as we look to capitalize on the incredible breadth of our media holdings to drive our growth and financial performance.
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You may not like the humor, but that is why every radio has an on-off button.