tag:blogger.com,1999:blog-10820485.post117639295872330234..comments2023-11-03T09:36:22.100-04:00Comments on In From the Cold: The Resurrection of Don ImusGeorge Smileyhttp://www.blogger.com/profile/07049707648660651119noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10820485.post-1176428336186611242007-04-12T21:38:00.000-04:002007-04-12T21:38:00.000-04:00Satellite Direct: Imus will be in orbit.Satellite Direct: Imus will be in orbit.blerthttps://www.blogger.com/profile/05673566463965274368noreply@blogger.comtag:blogger.com,1999:blog-10820485.post-1176417836816213792007-04-12T18:43:00.000-04:002007-04-12T18:43:00.000-04:00Well, it turns out that Don Imus's CBS Radio show ...Well, it turns out that Don Imus's CBS Radio show just hit the bricks, also.<BR/><BR/>But, the interesting point to me is this statement by Summer Redstone:<BR/><BR/>"Sumner Redstone, chairman of the CBS Corp. board and its chief stockholder, told Newsweek that he had expected Moonves to "do the right thing," although it wasn't clear what he thought that was."<BR/><BR/>At least to me, this looks like a two-fold matter of (1) Corporate Politics, and (2) Medium/long term economics of the Radio business.<BR/><BR/>The corporate politics because Don Imus has been a serious pain in a whole lot of different and sundry people's butt's for a long time, and I'd bet money that with Howard Stern leaving CBS Radio, Don Imus was even making waves inside CBS Radio. Payback time.<BR/><BR/>Also, Summer Redstone has some very hard nosed thoughts on the Radio business - see his history with Mel Karmazin, with CBS Radio being a major friction point.<BR/><BR/>Which leads right into the second point: <B>Medium/long term economics of the Radio business</B>.<BR/><BR/>Let's not forget that Viacom (Summer Redstone, again) also got rid of Tom Cruise and all his baggage in 2006, which honestly, involved a whole lot more money than Don Imus.<BR/><BR/>Looks a lot more like an oppertunistic business decision by Viacom (CBS) than a punative action.Making The Wheels Turnhttps://www.blogger.com/profile/14786636690998841783noreply@blogger.com