Word: viacom
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...Viacom Inc. and The Walt Disney Co. will pay $1 million and $500,000, respectively, for repeated violations of FCC regulations aimed to curb the commercial inundation of impressionable children. As it stands, the FCC has a host of regulations on programming intended for children age 12 and younger. For instance, the FCC limits the amount of commercial minutes allowed per hour—12 minutes on weekdays, 10 and a half on weekends. Also, to ensure that children don’t become automatonic advertisers for “SpongeBob SquarePants,” networks can?...
...Viacom, which owns Nickelodeon, violated the commercial time-limits regulation roughly 600 times and breached the product placement rule on 145 occasions. Disney, via its ABC Family Channel subsidiary, faced similar, if less widespread, charges. But while both corporations offered predictable excuses for their transgressions—citing inadvertent errors resulting from computer and human lapses—the current culture of excessive commercialization is frightening, and the FCC was right to directly censure the companies...
...commercial radio. I understand that FCC chairman Michael Powell is preparing a space-based defense shield, where he's going to employ laser-equipped antisatellite satellites to shoot death rays at these Stern-carrying vehicles. And--I might as well share this with TIME--I'm also leaving Viacom. We're going to broadcast from the bottom of missile silos...
...CLOSELY HAVE YOU BEEN FOLLOWING THE CBS NEWS CONTROVERSY? Let me first give you some perspective. Neither I nor any executive at Viacom has any access to or plays any role in the news reports that come from CBS. Like you, we read about them in the newspapers. Notwithstanding that, I have, for obvious reasons, been carefully monitoring the situation. I have been talking continually with [CBS president] Les Moonves and with the members of the Viacom board. Now we have set up an independent panel--and believe me, it is independent, and believe me, it will move very fast...
WHAT ABOUT POLITICS? There has been comment upon my contribution to Democrats like Senator Kerry. Senator Kerry is a good man. I've known him for many years. But it happens that I vote for Viacom. Viacom is my life, and I do believe that a Republican Administration is better for media companies than a Democratic...