Dick has been a great leader and he's done a terrific job, and I'm sorry to see him leave, ... Do I think the NYSE would be better run without Dick No. Do I think the NYSE would be better if I wasn't on the board No. But if people didn't want me on the board, I'd be very happy not to be on the board.
More Quotes from Mel Karmazin:
Today's announcement is the culmination of a process that began with the merger of Viacom and CBS and realizes an important opportunity to bring new efficiencies to the broadcast business, while maintaining the distinct voices of CBS and UPN,Mel Karmazin
We think that Howard Stern is going to add subscribers every single day. Obviously for the 20 years that he was with his prior employer, he created value for them every single year and we obviously fully expect that to continue going forward.
Mel Karmazin
First, the orbital broadcaster announced that its exclusivity deal with BMW would continue. The agreement covers all makes of the Teutonic master automaker. We are very pleased that BMW has decided to extend its exclusivity with Sirius, thereby making Sirius' unique mix of commercial-free music and talk programming available to future BMW owners, ... We are pleased to continue to make the Sirius service available to current and future BMW owners.
Mel Karmazin
This marks another step in our strategy of leveraging our brands to increase our position in new media, ... Together with our investment with CBS MarketWatch.com and our new relationship with America Online as our company's sole branded-news provider, CBS is continuing to grow our strong presence on the Internet.
Mel Karmazin
The newspaper business will has long been the sole recipient of the 17 billion classifieds advertising market, ... As that revenue is increasingly ceded to the Internet, we believe jobs. com is well positioned to benefit from the transition.
Mel Karmazin
Viacom remains fundamentally strong, and we continue to believe that the company is well positioned for the remainder of 2001 and over the long term.
Mel Karmazin
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