Media speculation rife on Karmazin's next stop

MUMBAI: After Viacom what does Mel Karmazin have next up his sleeve? That is the big question doing the rounds of US media circles.

There has been strong talk that Karmazin might join Disney in the near future by succeeding Michael Eisner as the CEO. That is something Roy Disney and the dissident group would be cock a hoop about. The differences between Eisner and Roy Disney have been well documented.

However, not surprisingly, Disney chairman George Mitchell reacted to the talk by issuing a statement saying, "The board has complete confidence in the current management. On the strength of our recent results we believe that confidence has been justified, and will be further validated as our performance continues to improve."

The Disney talk has been gaining momentum because Eisner's top deputy, Bob Iger is not seen as a potential heir to the Disney throne. Karmazin is said to be on a list of at least 20 candidates the Disney board has compiled for succession.

There has also been talk of Karmazin heading to Time Warner. A report in CBS Marketwatch stated that while Time Warner chairman and CEO Richard Parsons has thus far been able to keep shareholders happy, should Time Warner stumble again Karmazin could well be called upon to revive the giant. In fact rumours of Time Warner looking at Karmazin go back over a year when the outfit was called AOL Time Warner. At that time he had been courted to serve as president of the media conglomerate.

There is also the possibility of Karmazin being tapped to function as Parsons' number 2, but that remains another long shot.

Media reports are also of the opinion that Karmazin going to NBC Universal is a more distant shot. That is because NBC is going though a difficult phase. On his part Karmazin has maintained that so far he has not intimated anybody about his future plans.

Latest Reads
‘Beautiful by Nature’: JOYquestions Stereotypes in a Brand New Campaign with Mouni Roy

People are conditioned into following certain pre-defined beauty standards of how a woman should look, behave and carry herself around. Physical appearance has always been the yardstick to measure a woman’s beauty

MAM Media and Advertising Ad Campaigns
India gets their first-ever international standard Motion Capture Lab

An institution in the entertainment & storytelling sector, Famous Studios once again proves its leadership position.

MAM Marketing MAM
HDFC Life chooses Music to connect with young millennials

HDFC Life Insurance Company, one of India’s largest private life insurers, launched the second edition of its successful campaign #YoungandResponsible on 15 November 2018.

MAM Marketing MAM
Droom ramps up its marketing momentum with the launch of an integrated radio/cinema campaign in major cities across India!

Droom, India’s largest and pioneering online automobile transactional platform, has today announced the rollout of an integrated marketing campaign.

MAM Media and Advertising Ad Campaigns
Realme introduces its new visual identity system and logo

Realme, the smartphone brand that specializes in providing high quality products for youth, launched its fully upgraded Brand Visual Identity system and Logo to provide a new visual experience and emotional connection with young consumers.

MAM Marketing MAM
Business Entrepreneurialism sees emergence of Social Entrepreneurialism: Ipsos Survey

According to a new survey by Ipsos, a global market research agency, the traditional definition of entrepreneurialism is now undergoing a metamorphosis of sorts and is moving from pure play business entrepreneurialism and is adding a key element of social entrepreneurialism to make a definitive...

MAM Marketing MAM

Ooyala today announced that it has joined the SRT Alliance, a collaboration to continuously develop the SRT (Secure Reliable Transport) protocol and technology stack for low-latency video streaming across any network.

MAM Marketing MAM
Producers Guild of India amends by-laws Makes it mandatory for members to implement 'The Sexual Harassment of Women at Workplace' (Prevention, Prohibition and Redressal) Act 2013 (PoSH)

Mumbai: Producers Guild of India at its Extraordinary General Meeting (EGM) on 14th November, 2018 in Mumbai unanimously passed a resolution to amend its by-laws thereby making  it  mandatory  for  all those  members  who  fall  under  the  purview  of  the  The  Sexual Harassment of Women at...

MAM Marketing MAM
Isobar launches Sri Lanka Operations

Isobar, the digital agency from Dentsu Aegis Network, has expanded its operations to Sri Lanka.

MAM Media and Advertising Digital Agencies

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories