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
breadth build capitalize continue drive financial growth huge incredible media win
This is a huge win for WWF as they continue to build their powerhouse brand, and a huge win for Viacom as we look to capitalize on the incredible breadth of our media holdings to drive our growth and financial performance.
clues company internet mtv reach television tv
From the Internet to television to radio, Viacom is going to be there, ... It is the only company that can reach every demographic from (children's TV program) Blue's Clues to MTV to CBS.
future growing market picking share
Blockbuster has been picking up market share and growing the business, ... very enthusiastic about its future prospects.
benefit cash cbs combined company cost enable expects future improvement network positive ratings reduction television
The company expects to benefit from the ratings improvement at the CBS television network which, combined with the reduction in its cost structure, will enable the network to become a positive contributor to the company's future cash flows.
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.
market terrific
This market is terrific for Viacom to participate in,
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.
advertising believe companies levels normal return spoke uncertain
Most companies we spoke with believe they will return to normal advertising levels but are uncertain about the timing,
advertising business driven model nice subscriber
The business model is still principally subscriber driven with advertising being a nice add-on.
asset certainly interested price
I can't tell you what the price would be, but it certainly would be an asset we would be interested in if it were available,
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.
aol billion cbs editorial framing half medium members news next number pages radio television tremendous view
Over the next 12 months, AOL members will view half a billion pages with the CBS News logo framing our editorial content, ... That's a tremendous number of impressions, in a medium that augments our more traditional television and radio audience.
deal
Mel is a roll-up guy, a deal guy,
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.