Word: viacom
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Every socialite and CEO in Manhattan knows not to invite Sumner Redstone and Mel Karmazin to the same party. So when the twin egos of media giant Viacom unexpectedly shared the stage during a dinner for investors last Thursday, they generated quite a buzz. Some who have bet heavily on the success of Viacom--whose properties include CBS, MTV and Paramount studios--took heart that the feuding titans made a public show of getting along. "Their message was simple," Bear Stearns stock analyst Raymond Katz wrote in a report on Friday. "Their partnership, built on a mutuality of self-interest...
...entire country will have a chance to hear what guys talk about when they're trying really hard to sound like guys. Infinity Broadcasting, the radio arm of Viacom, this month began syndicating The Opie & Anthony Show, based in New York City, to such cities as Chicago, Dallas and Philadelphia, and will soon have them on about 20 stations. Viacom hopes O&A can duplicate their ratings success in New York, where they are often No. 1 in their prime demographic-- men 25 to 49. Gregg (Opie) Hughes (he looks like Opie from The Andy Griffith Show), 36, and Anthony...
...Viacom also syndicates the flagging Stern, who is no fan of O&A. And vice versa. "He's been working off the same formula for a long time: Here's a girl, get naked, hoo hoo hoo," says Opie. "It's the same midgets, the same pinheads. For today's society, you have to keep things interesting." Interesting isn't always tasteful, as when Jay Mohr, the actor, comedian and frequent guest, sang the song Full Blown AIDS, making fun of AIDS patients...
...There's very little evidence. But there isn't any question that we should be restrained. When you look at Paramount [Viacom's movie studio], Saving Private Ryan was certainly violent. But what kind of violence should we suppress? It's not so easy...
...depends on who ended up with it. What I saw was that MTV was not merely a music channel; it was a generational channel. When we acquired Viacom, the world was saying MTV was a fad. And that was a challenge. Viacom deserves credit for making MTV into a worldwide brand...