Mel Karmazin Quotes

We are pleased with the ongoing growth of radio and outdoor (advertising), the television stations and the network.

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The business model is still principally subscriber driven with advertising being a nice add-on.

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Those more established companies are fighting back with their checkbooks, saying There is no way one of these upstart companies is going to be able to take my position away, ... And they are going to be advertising accordingly.

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Satellite radio is very hot and is continuing on pace to be one of the fastest-growing products in the consumer electronics industry. We are experiencing a strong start to the new year, and we expect to end 2006 with over 6 million subscribers.

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Dick has been a great leader and he's done a terrific job, and I'm sorry to see him leave, ... Do I think the NYSE would be better run without Dick No. Do I think the NYSE would be better if I wasn't on the board No. But if people didn't want me on the board, I'd be very happy not to be on the board.

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We're pleased to see improvements in all segments, ... The company's stations group had record operating results with each of the divisions - radio, outdoor and television - contributing to the results.

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the advertising market has bottomed. Things are definitely getting better.

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During the quarter, we announced acquisitions in virtually all operating areas of the company -- in television stations, the Internet, outdoor advertising and syndication, ... We believe these new investments will create significant value at both CBS and Infinity in the years ahead.

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You may not like the humor, but that is why every radio has an on-off button.

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This is a huge win for WWF as they continue to build their powerhouse brand, and a huge win for Viacom as we look to capitalize on the incredible breadth of our media holdings to drive our growth and financial performance.

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Our strategy is to concentrate our media ownership in the largest advertising markets in the nation -- that's where the people are, that's where the advertising revenue is, and that's where CBS wants to be.

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I skip through the programming to watch the commercials.

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We think that Howard Stern is going to add subscribers every single day. Obviously for the 20 years that he was with his prior employer, he created value for them every single year and we obviously fully expect that to continue going forward.

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The company expects to benefit from the ratings improvement at the CBS television network which, combined with the reduction in its cost structure, will enable the network to become a positive contributor to the company's future cash flows.

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The benefit to the network would certainly be the ability to have younger demographics, ... and cable channels that could be worked together with the network. It gives us more platforms in which to promote the network.

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Whether you want radio, Internet, or cable, we can take your money, no matter what category you choose to spend it in.

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Viacom remains fundamentally strong, and we continue to believe that the company is well positioned for the remainder of 2001 and over the long term.

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The newspaper business will has long been the sole recipient of the 17 billion classifieds advertising market, ... As that revenue is increasingly ceded to the Internet, we believe jobs.com is well positioned to benefit from the transition.

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I believe that America deserves a choice in the content that it wants to receive.

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Satellite radio is very hot and is continuing to be one of the fastest-growing products in consumer electronics history.

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Blockbuster has been picking up market share and growing the business, ... very enthusiastic about its future prospects.

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There could be no better time to fully integrate Infinity with Viacom's tremendous portfolio of assets. Infinity is performing at record levels and continues to generate a tremendous amount of free cash flow that will now fully benefit Viacom.

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Over the next 12 months, AOL members will view half a billion pages with the CBS News logo framing our editorial content, ... That's a tremendous number of impressions, in a medium that augments our more traditional television and radio audience.

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First, the orbital broadcaster announced that its exclusivity deal with BMW would continue. The agreement covers all makes of the Teutonic master automaker. We are very pleased that BMW has decided to extend its exclusivity with Sirius, thereby making Sirius' unique mix of commercial-free music and talk programming available to future BMW owners, ... We are pleased to continue to make the Sirius service available to current and future BMW owners.

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This marks another step in our strategy of leveraging our brands to increase our position in new media. Together with our investment with CBS MarketWatch.com and our new relationship with America Online as our company's sole branded-news provider, CBS is continuing to grow our strong presence on the Internet.

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