Mel Karmazin Quotations

We are pleased with the ongoing growth of radio and outdoor (advertising), the television stations and the network.

We believe that in offering shares of the new Infinity Broadcasting, we will unlock the value of our largest and fastest-growing operating segment -- our radio and outdoor businesses.

We're pleased to see improvements in all segments, ... The company's stations group had record operating results with each of the divisions - radio, outdoor and television - contributing to the results.

When I have lunch with those guys, they're paying for my lunch. I'm not paying for their lunch.

From the Internet to television to radio, Viacom is going to be there, ... It is the only company that can reach every demographic from (children's TV program) Blue's Clues to MTV to CBS.

Over the next 12 months, AOL members will view half a billion pages with the CBS News logo framing our editorial content, ... That's a tremendous number of impressions, in a medium that augments our more traditional television and radio audience.

I think it will be great, ... I can't think of anything better for us.

Mel is a roll-up guy, a deal guy,

Most companies we spoke with believe they will return to normal advertising levels but are uncertain about the timing,

Whether you want radio, Internet, or cable, we can take your money, no matter what category you choose to spend it in.

Today's announcement is the culmination of a process that began with the merger of Viacom and CBS and realizes an important opportunity to bring new efficiencies to the broadcast business, while maintaining the distinct voices of CBS and UPN,

We continued to experience strong subscriber growth during the third quarter, which was the best third quarter in our history, and increased our market share from the year-ago quarter by more than 20%.

We think that Howard Stern is going to add subscribers every single day. Obviously for the 20 years that he was with his prior employer, he created value for them every single year and we obviously fully expect that to continue going forward.

There could be no better time to fully integrate Infinity with Viacom's tremendous portfolio of assets. Infinity is performing at record levels and continues to generate a tremendous amount of free cash flow that will now fully benefit Viacom.

Viacom remains fundamentally strong, and we continue to believe that the company is well positioned for the remainder of 2001 and over the long term.

Blockbuster has been picking up market share and growing the business, ... very enthusiastic about its future prospects.

Dick has been a great leader and he's done a terrific job, and I'm sorry to see him leave, ... Do I think the NYSE would be better run without Dick? No. Do I think the NYSE would be better if I wasn't on the board? No. But if people didn't want me on the board, I'd be very happy not to be on the board.

During the quarter, we announced acquisitions in virtually all operating areas of the company -- in television stations, the Internet, outdoor advertising and syndication, ... We believe these new investments will create significant value at both CBS and Infinity in the years ahead.

Satellite radio is very hot and is continuing to be one of the fastest-growing products in consumer electronics history.

Satellite radio is very hot and is continuing on pace to be one of the fastest-growing products in the consumer electronics industry. We are experiencing a strong start to the new year, and we expect to end 2006 with over 6 million subscribers.

The business model is still principally subscriber driven with advertising being a nice add-on.

This market is terrific for Viacom to participate in,

If Exxon and Mobil can combine, then why can't I buy NBC?

I can't tell you what the price would be, but it certainly would be an asset we would be interested in if it were available,

I believe that America deserves a choice in the content that it wants to receive.

You may not like the humor, but that is why every radio has an on-off button.

The pending merger with XM will offer unprecedented choice for consumers and create tremendous value for stockholders.

I skip through the programming to watch the commercials.

This is a huge win for WWF as they continue to build their powerhouse brand, and a huge win for Viacom as we look to capitalize on the incredible breadth of our media holdings to drive our growth and financial performance.

The company expects to benefit from the ratings improvement at the CBS television network which, combined with the reduction in its cost structure, will enable the network to become a positive contributor to the company's future cash flows.