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Viacom Woes?

Viacom Woes?

Newsweek magazine and The Wall Street Journal have both carried stories recently alleging a management split at Viacom between CEO Summer Redstone and President Mel Karmazin. The two joined forces 17 months ago when Viacom closed on its $36 billion acquisition of CBS, where Karmazin had been CEO. Both publications speculate management changes may be discussed at Viacom’s board meeting this week.