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Adelphia gloom penetrated Summit.
BOSTON -- Adelphia Communications Corp.'s financial meltdown created an ill-timed backdrop for the cable industry's biggest marketing confab last week, when the scandal surfaced as a topic and prominent officials went public with their condemnation BOSTON -- Adelphia Communications Corp.'s financial meltdown created...
Tags: Adelphia Communications Corp., cable, cable industry, financial, Mel Karmazin
Research articles 2002-07-22
Cable Nets Bolster Viacom.(Financial difficulties after terrorist attacks)(Brief Article)(Statistical Data Included)
Viacom Inc.'s revenue and cash flow declined in the third quarter in the wake of the Sept. 11 terrorist attacks. But continued growth by its cable network and video segments kept a disappointing period from turning disastrous. Total revenue f ...
Tags: advertisement, cable, cable Internet, cash flow, financial, Mel Karmazin, network, revenue, terrorist attack, Viacom Inc.
Research articles 2001-10-29
Syndie's not what it was.(Viacom financial)(Brief Article)
But Viacom President Karmazin is still bullish on revenue, profit outlook for 2001 While TV ad sales posted double-digit gains at both CBS and the CBS-owned TV stations in the third quarter, total revenue for the Viacom TV segment increased j...
Tags: advertisement, financial, Mel Karmazin, revenue, TV, Viacom Inc.
Research articles 2000-10-30

Additional Resources

CNBC's flagship show takes a new tack
NEW YORK -- Most people who care about morning television are waiting to learn whether Katie Couric will leave NBC's top-rated Today show and possibly succeed Walter Cronkite and Dan Rather as anchor of the struggling CBS Evening News. But there's a more important change afoot in morning...
Articles 2005-12-15
Mel Karmazin, CEO of SIRIUS Satellite Radio, to present at The Merrill Lynch U.S. Media Day in London.
NEW YORK, June 6 /PRNewswire/ -- SIRIUS Satellite Radio (Nasdaq: SIRI) today announced that Mel Karmazin, its Chief Executive Officer, is expected to present at the Merrill Lynch U.S. Media Day in London, UK on Thursday, June 9, 2005 at 10:35 a.m. Local...
Articles 2005-06-06
Sirius seeing red on rapid growth.(financial report of Sirius Satellite Radio Inc.)(Brief Article)
HOLLYWOOD -- Sirius continues to grow faster than competitor XM but is moving even deeper into the red to do it. A day after XM reported a 35% drop in its net loss on healthy growth, Mel Karmazin-led company reported Thursday that while...
Articles 2005-04-29
Karmazin: we're Sirius, and XM's not.(Mel Karmazin says Sirius Satellite Radio Inc. is better than XM Satellite Radio Inc.)
Reinventing himself as the hip-and-cool poster exec for satellite radio, Mel Karmazin wooed Wall Street Wednesday with assurances that Sirius has the goods on larger rival XM. Delivering the breakfast keynoter at the Bear Stearns media confab in Palm Beach, Fla., the...
Articles 2005-03-03
Viacom CFO to step down.
HOLLYWOOD -- Richard J. Bressler will leave his slots as Viacom's chief financial officer and senior exec VP as soon as a replacement can be found. Bressler also once held op posts at Time Warner. He said Monday...
Articles 2005-02-02
Trouble in Hollywood; nothing seems to be working to improve the overall performance of media companies.(Think Inc.)
Suddenly, nothing anyone tries seems to be working or working well enough to dramatically improve the overall performance of media companies, so everyone is trying anything and everything. Most studios are flooding the market with massive quantities of DVDs and setting...
Articles 2004-06-07
Viacom president quits after feud with Redstone
THE SIMMERING tension at the top of Viacom, the American media giant and owner of MTV and CBS, has finally been relieved with news that Mel Karmazin, its president and chief operating officer since 2000, is to stand down. The departure of Mr Karmazin, confirmed yesterday,...
Articles 2004-06-02
Paulson urges NYSE to sack directors - including himself
THE FUTURE path of the New York Stock Exchange was under fraught debate yesterday as its board prepared to gather for an emergency meeting in the wake of the stunning resignation of its chairman, Dick Grasso, on Wednesday. On the table at last night's meeting were...
Articles 2003-09-20
The Biz - Reality check: 5% rise seen in upfront.(Media Works)(ad agency financials)
Byline: WAYNE FRIEDMAN With war concerns abating, the strong TV advertising market looks to continue as media executives expect a moderately healthy upfront market. Overall, the upfront is expected to see at least a 5% rise to $8.55 billion in overall revenue from...
Articles 2003-04-21
New MTV lineup features layoffs
MTV Networks, girding itself for what chairman Tom Heston called "the new economic times," last week trimmed 450 Jobs, about 9% of its staff. The layoffs and restructuring are the first at MTV since 1989 and are clearly designed to make the sprawling MTV organization--which includes such networks...
Articles 2001-11-05
Viacom reports loss: cable business, boosted by ad gains, is a bright spot
When Viacom turned in a surprise second-quarter profit, president-COO Mel Karmazin promised a record second half, despite the softening economy. Instead, the events of Sept. 11, combined with a planned charge for the change to DVD from VHS at Viacom's Blockbuster unit, led to a net $190 million...
Articles 2001-10-29
QUOTABLE QUOTES.(from executives in entertainment industry)(Brief Article)
`The issues are solvable. The great emotions of the creative issues will ebb once the economic issues are resolved.' Barry Diller on the looming strikes `You have to enforce a level of financial discipline. On `The Patriot,' we...
Articles 2001-03-05
Economy Boosts Tv Profits
Stronger ad market, particularly for Internet-related products, and comparison to period that included General Motors strike last year, contributed to significantly higher profit for many broadcast companies in quarter ended Sept. 30, according to wave of financial reports last week. Among those with significant improvements were CBS and Fox....
Articles 1999-11-01
Combining strong suits.
Viacom may be buying CBS, but Mel Karmazin looked more cat than canary last week as he joined Sumner Redstone in what has now become a familiar press conference ritual--Eisner and Murphy, Turner and Levin, Armstrong and Malone. The clash of titans turns in a Wall Street...
Articles 1999-09-13
B'casters Chase minorities with coin.(financial aids minorities in broadcasting)(Brief Article)
WASHINGTON Chase Manhattan Bank has agreed to help finance a several-hundred-million-dollar fund being set up by CBS CEO Mel Karmazin and Clear Channel Communications CEO Lowry Mays to finance minority broadcasters. Those close to the deal confirm that Chase will not only...
Articles 1999-08-16
Broadcast Profits Up
Strong economy and cost-cutting measures helped several broadcast groups, notably ABC and CBS, post improved financial results for first quarter ended March 31. Some parent companies, however, suffered, as did some firms that were struggling to deal with large acquisitions. CBS had $387 million profit in first...
Articles 1999-05-03
Mel's 50% solution.(includes related article)(Company Profile)
Karmazin says CBS stations earned $525 million on revenue of $1 billion in 1998 As CBS Chairman and CEO Mel Karmazin is fond of saying, it's the financial numbers, not the ratings, that tell the story. And the numbers for CBS's...
Articles 1999-02-08
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