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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 53.43

+0.3%

Oct 31 9:30 AM EST

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To: Patrice Gigahurtz who wrote (4556)	8/24/2002 12:25:46 PM
From: Ron	Read Replies (1) of 4613

Interesting posting from newsgroups. If you listen to the audio from this story, you may rethink your attitude toward Viacom: Once upon a time, the FCC enforced standards which guaranteed that radio and tv stations which use the public's airwaves to make money,at least sometimes served the public interest. No more. The smoking gun has the St Patrick's Cathedral sex incident audio, along with a summary of what happened. The DJ's have been fired by WNEW: thesmokinggun.com Now ask yourself, what should the FCC do to the company that aired this? .How about revoking their broadcast licenses nationwide? That would send quite a message since the owner is Viacom, the congomerate which operates Infinity Broadcasting and CBS. ------- OK revoking licenses nationwide might be a bit extreme...but how about requiring media outlets to daily publish and broadcast the CEO's Name, business address, phone number, email and fax number? Gee, Sumner Redstone might pay a little more attention if that happened. Same for Michael Eisner, Steve Case, et al.

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