The business operations of the combined units will be in New York, while TNN and CMT will continue to be based in Nashville. CBS Cable President Don Mitzner and Executive VP Sales & Marketing Lloyd Werner will be leaving the company.
Viacom President/CEO Mel Karmazin said: "Tom and the entire MTV Networks group are without peer in their ability to create cutting edge programming for targeted audiences, build unassailable brands and deliver extraordinary returns year after year. Also, he looks damn good in a cowboy hat and boots. Hopefully, they can find a way to help me get 'Who Wants To Be A Millionaire?' on my cable system."
Added Freston said: "I'm excited about the opportunity to lead TNN and CMT boldly in the future. Plus, I'm a huge fan of Buck Owens and the Buckaroos, but this chewing tobacco is staining my teeth. And I can't find a place to park this horse outside my new E. 60th Street co-op, either."
BILL'S PASSAGE COULD RESULT IN U.S. TIKTOK BAN
Meanwhile, on Capitol Hill... (4/20a)
BLACKSTONE ASSEMBLING $1.5B BID FOR HIPGNOSIS SONGS FUND
A white-knuckle moment (4/20a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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