Stuart Rossmiller
Stuart Rossmiller
billion disaster less management performance poor previous summer took
It's been less than successful, bordering on a disaster. After the $3 billion write-off they took for the poor performance of the previous management team, this summer must be a real disappointment to them.
adding cable companies entertain networks peace
He's getting peace with the cable industry...Now, cable companies will entertain the idea of adding his start-up cable networks to their cable systems.
allow billion company course debt expressed next path radio reduce return sale step three
Viacom has expressed that they would like to reduce their debt by $3 billion to $5 billion in the course of the next two to three years. The radio sale of over $1 billion is the first step down that path which should allow the company to return to a solid, investment-grade footing.