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
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.
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.
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.
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 business driven model nice subscriber
The business model is still principally subscriber driven with advertising being a nice add-on.
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.
market terrific
This market is terrific for Viacom to participate in,
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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.
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.
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.
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%.