So, what exactly is wrong with payola?
Several US commentators question why Eliot Spitzer targets radio payola when PR and lobbying practices are common, with Slate columnist Daniel Goss arguing the laws are outdated.…
Mel Karmazin
10 posts
Satellite radio could be added to MP3 players
Sirius boss Mel Karmazin says MP3 players with built-in satellite radio are possible, with Apple a potential partner, though no deal is on the table.…
Karmazin denies merger talks with XM Satellite Radio rival
Sirius chairman Mel Karmazin has denied rumours of merger talks with rival satellite radio network XM.…
Former Viacom boss gets stake in satellite radio group
Mel Karmazin will reportedly receive a 2% stake in Sirius as part of his appointment as CEO, and Sirius may try to bring Howard Stern forward.…
Former Viacom boss joins Sirius
Former Viacom boss Mel Karmazin has been appointed CEO of US satellite radio group Sirius, with Joseph P Clayton staying on as chairman.…
Karmazin got $19 million after quitting Viacom
Former Viacom president Mel Karmazin received a $19 million severance package, revealed in Viacom's second-quarter results, which showed profits up 14%.…
MTV appoint new boss
Judith McGrath has been promoted to Chairman and Chief Executive of MTV Networks, succeeding Tom Freston, while Mark Rosenthal has resigned.…
Viacom boss took board's advice on replacing Karmazin
According to the New York Post, Sumner Redstone wanted Tom Freston to take Mel Karmazin's job outright but deferred to a governance committee that split the role with Les Moonves.…
Viacom boss quits
Viacom boss Mel Karmazin has resigned with immediate effect, and MTV's Tom Freston and CBS's Les Moonves will jointly take over the top job in the short term.…
MGM bid for Vivendi channels alone
MGM approached Viacom about a joint bid for Vivendi's US entertainment assets, but Viacom is interested only in Vivendi's TV networks, so MGM is seeking private investors.…