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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: Jay Judell who wrote (2719)10/8/1998 1:12:00 PM
From: d-fndr  Read Replies (1) | Respond to of 4613
 
Jay--thanks for the article. Where did it come from? I noticed that there was not one attribution among the "insiders" and "analysts" whom the author supposedly interviewed. Interestingly, despite the article's slash and burn innuendo approach, it recognizes that (a) Jordan hasn't reined in Mel (he'd better not!) and (b) Jordan doesn't disagree with the news cuts.

As for the other Mel actions, I'm sure that those long entrenched in the old way of doing business and who have been moved out disagree with the moves and are being vocal to their buddies in the media.

As for Stern, mostly the show is a stupid, clone rip-off of the E! Channel nightly program. I could only stand wasting my time with the CBS show for two nights (it's that bad), but from what I saw, at least the E! program occasionally has amusing bits and interviews. In my experience, Howard is better radio than he is television anyway.

Otherwise, ratings appear to be on the upswing.



To: Jay Judell who wrote (2719)10/8/1998 2:05:00 PM
From: John M Connolly  Read Replies (1) | Respond to of 4613
 
Jay : Where did you find that article??? The writer Jon Elsen ,
does not appear to be able to find anything positive with CBS or MK.
I can only throw into the mix the opinion of a client of mine - who is an executive with a major TV cable company . He said that CBS
had more little fiefdoms and had more chiefs than indians and it was his opinion that no one was strong enough to do the job but that it could sink the network. Apparently Mel K is trying to change a serious situation - that will not make him many friends but is necessary.
Holy Cow - what a day!!!! People are getting wiped out. It is not pretty.
John