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Topic: Tom Freston


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In the News (Thu 21 Aug 08)

  
 Tom Freston - Wikipedia, the free encyclopedia
Thomas E. Freston (born 22 November 1945) is an American television executive most recently serving as President and Chief Executive Officer of the newly-split Viacom, until his resignation on September 5, 2006.
Freston began his career in the field of advertising, but later moved to New Delhi, where he ran a textile and clothing business for eight years.
Educated at Saint Michael's College and New York University, Freston is currently on the Board of Trustees for Emerson College in Boston.
en.wikipedia.org /wiki/Tom_Freston   (380 words)

  
 MTV Networks' Tom Freston
FRESTON: At the heart, it's knowing what our business is about and who our audience is, trying to get inside of their heads, understand them and best reflect that on the air in terms of great programming and promotion.
FRESTON: We're lucky that our advertising business this year is up significantly from last year, although we're very aware of the softening of the ad market, which we believe is a temporary phenomenon associated with the economic conditions -- something you see time and time again.
FRESTON: The most gratifying thing to me is that we were able to start this new form of television in the States and take advantage of the opening up of the world markets in the '80s and '90s and build them into truly global businesses.
www.worldscreen.com /print.php?filename=1001freston.txt   (2024 words)

  
 Freston Out, Dauman in As Viacom's CEO, Tom Freston Resigns As CEO of Media Conglomerate Viacom, Will Be ...
Freston is being replaced by Philippe Dauman, a longtime Viacom executive and board member.
Freston's abrupt departure comes as Viacom's stock has underperformed that of CBS Corp. after the two companies split up at the beginning of the year, despite the fact that Viacom had been billed as having faster-growing businesses than CBS including the cable networks Nickelodeon, MTV and VH1.
The executives said Freston's departure was not related to an announcement in late August that Redstone was abruptly ending Paramount's 14-year relationship with Tom Cruise, saying the movie star's off-screen behavior was hurting box office returns.
www.cbsnews.com /stories/2006/09/05/ap/business/mainD8JUOQ500.shtml   (843 words)

  
 International players eye Bollywood- The Economic Times   (Site not responding. Last check: 2007-09-07)
Tom Freston remembers watching Hare Rama Hare Krishna way back in the 1970s — Hindi movies are something one understands even if you don’t speak the language, he says.
Freston, who became CEO and president of Viacom Inc in January 2006, is an old India hand: he’s spent seven years in the country establishing a textile sourcing business in the 1970s, and he’s now taking a personal interest in Viacom’s next big leap in India, as it extends beyond the MTV music channel.
Both Freston and Jain agree that there are plenty of possibilities in India — and in the future, that might even include an MTV 2 or multiple MTV channels.
economictimes.indiatimes.com /articleshow/1477775.cms   (674 words)

  
 Freston Out, Dauman in As Viacom's CEO, Tom Freston Ousted As CEO of Media Conglomerate Viacom, Will Be ...
Freston joined MTV in its early days and is seen as one of the key executives who helped build it into a global entertainment franchise and one of Viacom's most valuable properties.
Freston's departure comes just weeks after Redstone abruptly ended Paramount's 14-year relationship with Tom Cruise, saying the movie star's off-screen behavior was hurting box office returns.
Freston, who is 60, became CEO of Viacom in January when it split from CBS.
www.cbsnews.com /stories/2006/09/05/ap/business/mainD8JUUSPO0.shtml   (1070 words)

  
 TIME.com: Can This Man Save Paramount? -- Feb. 28, 2005 -- Page 1
He got the headlines as much for who he was as for who he is. Freston, the new co-president of media giant Viacom, had been chairman and CEO of MTV Networks, whose MTV, Nickelodeon and Comedy Central channels make it the lifeline to the youth market.
One of Freston's missions from Viacom boss Sumner Redstone is to freshen the image and, more important, goose the profits of Paramount Pictures, the most geriatric of the Hollywood studios.
Freston was the face of triumphant youth culture--the kid whose stuffy parents have handed him not just the keys to the car but their credit cards and the deed to their home.
www.time.com /time/magazine/article/0,9171,1029832,00.html   (738 words)

  
 SouthCoastToday.com - Business - Ousted Viacom CEO Tom Freston gets $58.9 million golden handshake - October 18, 2006
Freston also reached a deal with Viacom to serve as an advisor to the company for the next three years, for which he will receive an additional $1 million per year, an arrangement he can cancel with two week's notice.
Freston's ouster in early September came as a surprise and appeared to signal a move by Viacom's controlling shareholder, Sumner Redstone, to reassert his influence on the company.
Freston was a key architect of the runaway success of MTV, Viacom's signature property, but his efforts to win over investors were seen as coming up short.
www.southcoasttoday.com /daily/10-06/10-19-06/10business.htm   (418 words)

  
 NYO - The Transom   (Site not responding. Last check: 2007-09-07)
Freston, then CEO, was abruptly handed his walking papers.
Freston’s former boss, was soon to be a guest on his show.
Freston received in severance was said to be $60 million.
www.observer.com /20061002/20061002___thecity_thetransom.asp   (615 words)

  
 Media Wire Daily   (Site not responding. Last check: 2007-09-07)
Tom Freston was roasted by his big media friends and even the man who took his job.
Tom Freston, the canned CEO of Viacom is making sure not to burn bridges to his former employer.
Tom was known for showing up in fl suits and a blue tucked in button shirt no tie slightly sloppy at MTV events.
www.mediawiredaily.com /labels/TomFreston.html   (4844 words)

  
 USATODAY.com - Viacom CEO Freston out; Dauman takes leadership post   (Site not responding. Last check: 2007-09-07)
Still, investors were shaken by the departure of Freston, who over the last 26 years turned MTV into a powerful global brand and who had been one of Redstone's closest allies since he bought Viacom in 1987.
Freston has and has not been involved in the media world in a significant way for seven years," Prudential Equity Group's Katherine Styponias wrote in report.
She added that Freston's "abrupt departure could also be signaling that perhaps business trends have backslid" from the company's recent upbeat forecast for the rest of 2006.
www.usatoday.com /money/media/2006-09-05-viacom_x.htm?csp=34   (476 words)

  
 SignOnSanDiego.com > News > Business -- Tom Freston ousted as CEO of media conglomerate Viacom, will be replaced ...
The news of Freston's sudden departure got a poor reception among investors, who pushed the company's shares down $2, or 5.4 percent, to $34.97 in heavy trading Tuesday afternoon on the New York Stock Exchange.
Freston, who is a seasoned media executive,” Citigroup analyst Jason Bazinet wrote in a note to clients.
Freston, who spent 26 years at Viacom, said in a statement that he would do all he could to ensure a smooth transition.
www.signonsandiego.com /news/business/20060905-1301-viacom-ceo.html   (974 words)

  
 Viacom CEO Tom Freston Resigns - SeekingAlpha
Freston's high points at Viacom included running the 'I want my MTV' marketing campaign in the early 80,running MTV Networks and pulling Nickelodeon to the top of the cable TV pack.
Redstone said regarding Freston's departure: 'I have great respect for Tom Freston and want to personally thank him for his tremendous contributions to Viacom over the past 20 years.
Tom successfully built MTV Networks into an unmatched force in the entertainment industry and assembled a best-in-class operational team to build on that foundation.' Viacom also named Thomas E. Dooley, 49, to the new position of senior executive vice president and chief administrative officer.
media.seekingalpha.com /article/16365   (300 words)

  
 Tom Freston 1945— - APPAREL BUSINESS PROVIDES A FOUNDATION, FROM KABUL TO CABLE, APPOINTED CEO
Tom Freston joined MTV Networks in 1980 when it was a fledgling enterprise establishing the first television station devoted to the broadcast of music videos.
Freston also directed MTV Networks'; ventures into recorded music, radio, feature films, publishing, and the Internet.
As of 2004 Freston had thrived and succeeded as MTV Networks'; CEO for nearly two decades, with MTV continuing as a cornerstone of youthful television viewing.
www.referenceforbusiness.com /biography/F-L/Freston-Tom-1945.html   (1376 words)

  
 Slice of Scifi - Science Fiction TV & Movie News, Interviews & more » Viacom CEO Tom Freston Resigns
Concerning Tom Freston, the man behind MTV Networks, Redstone said: “I have great respect for Tom Freston and want to personally thank him for his tremendous contributions to Viacom over the past 20 years.
Tom successfully built MTV Networks into an unmatched force in the entertainment industry and assembled a best-in-class operational team to build on that foundation.
Freston went out thanking his co-workers, “I have every confidence that Viacom is well positioned to prosper under Philippe’s leadership.
www.sliceofscifi.com /2006/09/05/viacom-ceo-tom-freston-resigns   (725 words)

  
 FOXNews.com - Viacom President and CEO Tom Freston Resigns - Business Leaders
Freston's departure comes only days after Redstone disclosed that Paramount was abruptly ending its 14-year relationship with Tom Cruise, saying the movie star's off-screen behavior was hurting box office returns.
Freston, 60 and a founder of MTV, became president of Viacom in January when it split off its CBS television and radio into a separate company called CBS Corp.
He said Freston had built MTV into "an unmatched force in the entertainment industry" and added, "we wish him well as he moves on to the next stage of his career."
www.foxnews.com /story/0,2933,212158,00.html   (611 words)

  
 Terror’s Cultural Fallout - War on Terror - Newsweek - MSNBC.com
Freston is the most influential mass media executive so far to comment publicly about the impact of the devastating Sept. 11 terrorist attacks on the entertainment media.
BUT IN A INTERVIEW with NEWSWEEK, Freston asserts that mass media is facing a more prolonged period of adjustment, one that will extend beyond the immediate re-editing of new television shows to remove images of the World Trade Center or questionable storylines.
He was one of a small, youthful band of visionaries that in 1981 launched MTV, one of the world’s most powerful entertainment brands, which now reaches 79 million of the nation’s 100 million homes.
www.msnbc.msn.com /id/3067646   (794 words)

  
 Media Wire Daily: Richard Greenfield has a hard on for Viacom's Tom Freston   (Site not responding. Last check: 2007-09-07)
Pali Research media analyst Richard Greenfield wants Viacom CEO Tom Freston's balls in a vice.
Greenfield says that Freston and his management team lacks the ability to articulate its strategic vision has failed to execute that vision.
Freston cannot swiftly reorient Viacom, [chairman] Sumner Redstone and the board need to find a new CEO and/or consider selling the company to someone who can dramatically remake the management structure of Viacom,” Greenfield wrote.
www.mediawiredaily.com /2006/07/richard-greenfield-has-hard-on-for.html   (175 words)

  
 Freston: No Viacom/Comcast Net
Tom Freston said Tuesday that no new Viacom/Comcast network is imminent.
Viacom co-president and co-COO Tom Freston roundly denied previous reports that the media conglomerate and Comcast were planning to launch a jointly owned lifestyle cable network.
Earlier in his presentation, Freston reiterated that the Viacom spinoff that will split its cable and studio properties from CBS will go through either at the end of the year or the beginning of 2006.
www.mediaweek.com /mw/news/recent_display.jsp?vnu_content_id=1001097586   (393 words)

  
 TIME.com: Tom Freston -- May 8, 2006 -- Page 1
So perhaps it isn't surprising that at 60, Freston is still hip enough to lead Viacom, MTV's parent, into the atomized, multiscreen universe.
Freston has made some big moves to right Paramount, recently buying rival studio DreamWorks, and he is banking on a big summer hit with Mission: Impossible III.
That ought to be easier than his first international gig, running a garment firm in India and Afghanistan in the late 1970s, the latter under the nose of the invading Soviets.
www.time.com /time/magazine/article/0,9171,1186944,00.html   (418 words)

  
 FRESTON FLOCK RIPS REDSTONE - New York Post Online Edition: Seven
Freston, who turned MTV into a cable giant, had agreed to be honored by the Center for Communications at the Pierre long before Redstone, 83, sacked him with an $80 million severance package.
Freston supposedly was fired because he failed to buy the MySpace social networking Web site, which News Corp. acquired.
So Freston showed the crowd his page on the site, which included a video of himself in his kitchen eating a peanut butter sandwich.
www.nypost.com /seven/10262006/gossip/pagesix/pagesix.htm   (492 words)

  
 Viacom CEO Tom Freston steps down
While I thought that Redstone made a necessary move with Tom Cruise, as far as sending a message that the outrageous demands and cost of employing stars was not going to continue on.
The reason given for Freston's departure was that Viacom basically wasn't aggressive enough or entrepreneurial enough in its pursuit of the digital marketplace.
Redstone shouldn't gloat or think because he took on Tom Cruise and won that battle personally, and in the media, that he has some golden touch that can't be wrong.
www.bizofshowbiz.com /2006/09/viacom_ceo_tom_freston_steps_d.html   (560 words)

  
 TomCruiseFan.com//Tom Cruise Web - Your #1 Tom Cruise Resource
Tom is a great person as is Katie.
Tom is a fan for ordinary people (like me), but he also seems to be artistic’s colonny fan also… Oh yeah!
This site is, and will remain, Tom Cruise Fan for a reason, because we're fans, we might not agree with everything that he stands for, but we won't be discussing it on the site.
www.tomcruisefan.com /?p=1155   (499 words)

  
 Viacom Split Official! - TrekUnited Forum   (Site not responding. Last check: 2007-09-07)
Under the deal, which will be tax-free and is expected to be completed in the first quarter of 2006, a new company that holds the MTV, Nickelodeon and VH-1 networks and Paramount studios will be spun off to existing shareholders and will be called Viacom.
Tom Freston will have the say, but then again this merger does not happen till early 2006.
Moonves is the appropriate person to ask for a series renewal, although I may face correction in that opinion in the future: with the supposition that anyone can change their tune, for the right (or even wrong) reasons.
www.trekunited.com /community/index.php?showtopic=6008   (1838 words)

  
 Viacom names Philippe Dauman CEO after Tom Freston resigns
NEW YORK (AP) - Media and entertainment company Viacom Inc. (NYSE:VIA.B) said Tuesday it has named Philippe Dauman as president and chief executive, replacing Tom Freston, who resigned.
Viacom also named Thomas Dooley to the newly created position of senior executive vice-president and chief administrative officer.
Freston, 60 and a founder of Viacom property MTV, became president of Viacom in January when it split off CBS television and radio.
www.cbc.ca /cp/media/060905/X090504U.html   (148 words)

  
 Viacom ousts CEO Tom Freston | Benton Foundation
Viacom Inc. Chairman Sumner Redstone on Tuesday ousted Chief Executive Tom Freston, in a surprise move to exert more control over the company amid a lagging stock price and a perception it has fallen behind on the Internet.
We were not moving ahead as entrepreneurially and as aggressively as we should.
The communication with Wall Street had been deficient." Freston, one of the founding executives of MTV, had been praised for his creative prowess but criticized by Wall Street for Viacom's lackluster stock performance since it split from broadcast division CBS Corp. in January.
www.benton.org /index.php?q=node/3312   (309 words)

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