Viacom's Karmazin: "We'll conform and we'll fight 'em"
April 23, 2004

In a Viacom first quarter conference call yesterday, President/COO Mel Karmazin discussed the company's recent run-ins with the FCC.  Karmazin said that Viacom "is obviously concerned any time the government is involved in issues like speech."  He added that the company considers the FCC's use of its power to influence programming content "a very slippery slope."

However, Karmazin acknowledged that since Viacom is a station licensee, they must follow the rules.  "We are adjusting the programming, we're putting things on delays, we're putting on things to protect us, while at the same time we are aggressively going to take the FCC to court if the opportunity presents itself, because we believe what they are doing is not appropriate."

Karmazin went on to say that according to FCC rules, indecent material is considered to involve "sexual or excretory matter," and Bono's F-bomb at the Golden Globes was neither of these. He said, that, "in the old days when there were seven dirty words that constituted indecency, we knew what the rules were."  Karmazin called the Commission "confused" and said, "You can understand how unfair their position is with licensees.  We'll conform and we'll fight them."

In other Viacom news, the company announced during the conference call that their first quarter net earnings increased 60%, to $711 million.  The Infinity radio division increased its revenue 3% in the first quarter, and project their full-year revenue growth to be between 5-7%.  Karmazin stated that "Infinity is the number one biller in seven of the top 10 markets" and said that all 40 markets with Infinity stations are profitable.

The large majority of Viacom's growth, however, came from its cable networks and television divisions.




 
Breaking News
iHeartMedia San Diego/Riverside Names Rob Scorpio SVP/Programming, Kid Jay PD of KGGI
February 24, 2017
UMG Revenue Hits $5.57 Billion in 2016
BMI Withdraws Interim Fee Petition to RMLC
Talia Schlanger Named World Café Host
The Kane Show & Ocean Park Standoff Share "Good News"
Tim "Minnesota Fattz" Snell Named SVP of Programming for iHeartMedia-Augusta
February 23, 2017
iHeartMedia Revenue Up in Q4, Full-Year 2016
Study: Actual Ratings Panelists - We Want Personalities And Fun!
iHeartMedia Tampa Names Pete Norden SVP/Sales
The Syndicate Promotes from Within to Strengthen Marketing, Radio & Finance Departments
2017 NAB Crystal Radio Awards Finalists Announced
February 22, 2017
Entercom Reports Fourth Quarter and Annual Results
Study: “Local” Is Not Radio's Best Defense Against Pureplays
Ashley Z Takes On Nights At Q100/Atlanta Nights
Benztown Releases Third Annual Benztown 50 List of Top Voiceover Professionals in Radio
February 21, 2017
Study: Just Over Half Of At Work Listening Goes To Radio
iHeartMedia Names Blaine Jackson PD At WLUB/Augusta
CMG Atlanta Radio Names Jaleigh Long Director of Sales
In Brief - February 21, 2017
February 20, 2017
Study: Radio Dominates In Connected Cars
February 17, 2017
Study: Women to Radio: I Love You, But….
iHeartMedia Fort Myers Adds New Nighttime On-Air Hosts Lulu & Lala On Y100.1
Entercom Los Angeles Extends KSWD's "Uncle Joe'Benson
February 16, 2017
Music News
Beyoncé Drops Out of Coachella Lineup
Quick Hits: John Mayer, Lorde, Eminem, Gucci Mane, Lionel Richie & Mariah Carey
Bruno Mars to Receive 2017 iHeartRadio Innovator Award
David Bowie Honored at Brit Awards
Katy Perry Talks New Album Rollout
Quick Hits: Ed Sheeran, Future, Songwriters Hall Of Fame, Chris Brown, Young The Giant
Fifty Shades Darker Soundtrack Debuts Atop Billboard 200
James Brown's Drummer Clyde Stubblefield Dies
Quick Hits: Katy Perry, Ottawa Bluesfest Lineup
Quick Hits: The Roots Picnic, Ringo Starr & Paul McCartney, Lana Del Rey
Republic Records, ZXL Music & The Grimmie Family To Release New Christine Grimmie Music
Linkin Park Announce New Album, Release Single "Heavy"
Migos Joins With Motown & Capitol Records
Quick Hits: Beyonce, Adele, Metallica, Michael Jackson, OneRepublic
Katy Perry, Ed Sheeran, The Chainsmokers, Shawn Mendes, Noah Cyrus, Bruno Mars Set To Perform At The 2017 iHeartRadio Music Awards
FMQB NOW

Question Of
The Week

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!