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
breadth build capitalize continue drive financial growth huge incredible media win
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.
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.
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.
future growing market picking share
Blockbuster has been picking up market share and growing the business, ... very enthusiastic about its future prospects.
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.
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%.
lunch paying
When I have lunch with those guys, they're paying for my lunch. I'm not paying for their lunch.
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,
aol billion cbs editorial framing half medium members news next number pages radio television tremendous view
Over the next 12 months, AOL members will view half a billion pages with the CBS News logo framing our editorial content, ... That's a tremendous number of impressions, in a medium that augments our more traditional television and radio audience.
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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.
believe infinity largest offering operating outdoor radio segment shares unlock value
We believe that in offering shares of the new Infinity Broadcasting, we will unlock the value of our largest and fastest-growing operating segment -- our radio and outdoor businesses.
growth ongoing outdoor pleased radio stations television
We are pleased with the ongoing growth of radio and outdoor (advertising), the television stations and the network.
divisions group operating outdoor pleased record results stations television
We're pleased to see improvements in all segments, ... The company's stations group had record operating results with each of the divisions - radio, outdoor and television - contributing to the results.