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Politics : John Kerry for President Free speach thread NON-CENSORED

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To: StockDung who wrote (646)1/10/2005 4:39:04 PM
From: geode00  Read Replies (1) of 1449
 
Sumner Redstone, CEO of CBS’s parent company Viacom, made an unusual political statement at a gathering of corporate leaders in Hong Kong (Asian Wall Street Journal, 9/24/04):

“I don’t want to denigrate Kerry… but from a Viacom standpoint, the election of a Republican administration is a better deal. Because the Republican administration has stood for many things we believe in, deregulation and so on. The Democrats are not bad people.... But from a Viacom standpoint, we believe the election of a Republican administration is better for our company.”

Redstone repeated these sentiments in an interview with Time (10/4/04):

“There has been comment upon my contribution to Democrats like Senator Kerry. Senator Kerry is a good man. I’ve known him for many years. But it happens that I vote for Viacom. Viacom is my life, and I do believe that a Republican administration is better for media companies than a Democratic one.”

According to a write-up by Forbes (9/23/04)-- the sponsor of the conference where Redstone issued his endorsement of Bush-- the CEO asserted that “he never gets involved in any aspects of the network’s news coverage.” But that claim, hard to believe when made by any media industry chief executive, seems particularly dubious given Forbes’ report that “Redstone said he has been talking daily to top CBS officials and to Viacom board members about the controversy” over the Guard memos.

It is journalistically indefensible for CBS to withhold a story due to embarrassment incurred by another, unrelated piece. It is particularly unacceptable when the shelving of a story benefits a candidate that CBS’s boss has just publicly endorsed. If CBS wants to restore trust in its news judgment, it can begin by applying journalistic standards, not political calculations, to the decision on when to air its report on the origin of the forged Niger documents........"

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