America WAKE the heck up2

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Information about America WAKE the heck up2

Published on October 28, 2008

Author: rubyred



LET’S STOP VIACOM!!!:  LET’S STOP VIACOM!!! “Even as Viacom sues YouTube for what it describes as "brazen" copyright infringement, some of Viacom's own dirty copyright laundry is being aired. Ars searched one Viacom property—iFilm, which was acquired by Viacom in 2005—and found several instances of infringing video hosted by iFilm—content for which Viacom does not own the copyright” Source: To read more… go to the link above Slide2:  “Viacom - Wikipedia, the free encyclopedia ... will remain owned by Viacom ...” Slide3:  “Viacom owns the CBS broadcast network; Disney owns ABC Inc. Karmazin spent most of his time driving home the point that Viacom is a "free cash-flow machine," adding that even as the economy has faltered, Viacom has shown double- digit growth in revenue and earnings before interest, taxes, depreciation and amortization. Free cash flow is equal to total cash flow minus capital expenditures. For example, while the economy grew about 5 percent in 2000 — and the advertising industry declined 9.8 percent — Viacom reported 13 percent EBITDA growth, Karmazin said. Slide4:  The same is holding true for the first quarter of this year, when the economy was up 1.3 percent and advertising was down 3 percent, but Viacom EBITDA rose 15 percent. "On a free cash-flow basis, when everybody was talking about how gloom-and-doom it was, we managed to show 20 percent free cash flow growth when the economy was only growing 1.3 percent," Karmazin said.” Source: This is what VIACOM owns:  This is what VIACOM owns “One of the largest global media empires, Viacom has a financial interest in broadcast and cable television, radio, Internet, book publishing, and film production and distribution. Some of this vertically integrated conglomerate's highly recognizable properties include the CBS network, MTV, Infinity broadcasting, Simon & Schuster, Blockbuster and Paramount Pictures. With such a diverse portfolio of properties, Viacom is one of the most profitable media giants as CBS is a top draw for older viewers while MTV remains the most popular teen orientated media outlet. …” “1996 Westinghouse/CBS buys Infinity radio broadcasting and outdoor advertising group for $4.7 billion. This deal is mainly a result of the Telecommunications Act of 1996 which heavily deregulated the media industry and allowed a company to significantly increase the amount of radio stations it could own. Slide6:  1997 CBS buys American Radio Systems chain 1997 Viacom deals its educational, professional and reference publishing businesses to Pearson for 4.6 billion. Viacom retains Simon & Schuster. 1997 Westinghouse changes name to CBS and sells its hardware and manufacturing operations 1999 CBS buys King World Productions, leading television program syndicator, for $2.5 billion 1999 Infinity buys Outdoor Systems billboard group for $8.3 billion.

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