Sumner's discontent.(Viacom chief Sumner Redstone )(views on distribution and content)

Video Business, September, 2006 by Sweeting, Paul

By Paul Sweeting If I worked for Sumner Redstone , I'd get worried if I ever heard him saying nice things about me. Tom Cruise is an "outstanding actor," you'll recall the Viacom chief assured the world, just as he was unceremoniously tossing the star off the Paramount lot. "As much as we like him personally," Redstone said, invoking the royal pronoun, "we thought it was wrong to renew his deal." I hope no one ever likes me that much.

Two weeks later, Viacom CEO Tom Freston got the same Godfather's kiss. "I regard him as one of the most talented and creative executives in the history of our industry," Redstone said in explaining why Freston too had to go. "Nothing will ever diminish his accomplishments or my gratitude for what...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement