Music giants invest in online Artistdirect

Article Abstract:

Up to $97.5 million (94.7 million euros) was invested by four major music companies in Artistdirect Inc. Cisneros Television Group and Yahoo!Inc., along with other firms, invested the money in Artistdirect, an online music company.

Video Retailing Service, All Other Information Services, Online services, Internet services, Broadcasting, Home shopping, ARTISTdirect Inc., Cisneros Television Group

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News Corp. plans to buy TV empire from Chris-Craft

Article Abstract:

News Corp. acquired the television stations owned by Chris-Craft Industries for $5.3 billion.

Television Broadcasting, Television broadcasting stations, New York, TV Stations, Television broadcasting industry, Brief Article, The News Corporation Ltd., NWS, Chris-Craft Industries Inc., CCN, Television stations

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Viacom's president quits amid tensions with chief: Freston, Moonves named co-presidents by Redstone; is Karmazin off to Disney?

Article Abstract:

Viacom Inc.'s Mel Karmazin resigned suddenly as the company's chief operating officer and president, bringing tensions with chairman, controlling shareholder and chief executive Sumner Redstone to an end. Redstone appointed Tom Freston of MTV Networks and Leslie Moonves of CBS co-presidents.

Management dynamics, Executive changes & profiles, Management, Officials and employees, Appointments, resignations and dismissals, Company business management, Viacom Inc., VIA, Karmazin, Mel, Moonves, Les, Freston, Tom

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