Re: Have you heard more about this???

[Brian Vita <brian_vita@cssinc.com>]

At 01:11 PM 9/7/99 -0400, Garrett Wollman wrote:
>Mel the Billionaire doesn't own a controlling interest in CBS -- but
>yes, CBS is being sold to Viacom.  (In three years, Redstone will step
>down and Mel will take over as chairman.)  This will put channel 38
>into duopoly with channel 4.  (Hopefully it will also mean an end to
>UPN.)
>
>I can't see Sumner (Redstone) stepping down for anyone.  He's too much of 
>a hands-on person.  More likely, he'll drive Mel the Billionaire 
>absolutely nuts and he'll walk.  Ask Wayne H. who founded Blockbuster 
>about working for Sumner.




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