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Report: CBS Or Viacom Could Be Up For Sale (Dinosaur Media DeathWatchâ„¢)
Radio Ink ^ | October 20, 2008 | Staff

Posted on 10/20/2008 1:02:31 PM PDT by abb

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To: abb

The thing that scares me is that the new media is in the tank for Obama to get a post election bail out.


41 posted on 10/20/2008 1:35:54 PM PDT by mlocher (USA is a sovereign nation)
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To: abb

http://www.mediapost.com/blogs/on_media/?p=280
TiVo’s Rogers: Embrace Change, Save Ad Base


42 posted on 10/20/2008 1:42:23 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: LibFreeUSA; abb
Folks, how about...
RUSH?

That was my first thought. Limbaugh's got piles of money. Let CBS become EIB and only hire conservatives. Let them promote conservative political candidates every bit as blatantly as CNN, MSNBC and all that other vermin do for Obama and the othere liberals.

Kick Katie, David Letterman and all that other scum to the curb.

What a delicious idea!

43 posted on 10/20/2008 1:42:23 PM PDT by Allegra (NO giving up, NO quitting, NO doom and gloom, NO drama queens...Keep up the faith)
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To: abb

Now is the time for a conservative to buy CBS and become #1 on MSM


44 posted on 10/20/2008 1:42:24 PM PDT by huldah1776 ( Worthy is the Lamb)
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To: huldah1776
I heard Neal Cavuto ask Rupert Murdoch this question if he might be interested in buying a main network and he smiled.

If there could be a MSM conservative media..life would be so beautiful!

A little too late for this election year though! :(

45 posted on 10/20/2008 1:48:32 PM PDT by indianyogi
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To: mlocher
If they just hold out until he gets in office, they can make us watch whether we like it or not. That should improve the balance sheet.
46 posted on 10/20/2008 1:50:56 PM PDT by rightwingcrazy
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To: rightwingcrazy

LOL!!! Do you think that the gov’t will send us coupons so that we can buy these mandated contraptions at a discount?


47 posted on 10/20/2008 1:52:34 PM PDT by mlocher (USA is a sovereign nation)
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To: Mojave
"TV Guide went for a dollar. CBS should bring at least two."

*zing!*

48 posted on 10/20/2008 1:53:58 PM PDT by StAnDeliver (Schadenfreude!)
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To: huldah1776

I would fire Couric and hire Palin to do the evening news.....from Anchorage.


49 posted on 10/20/2008 1:56:47 PM PDT by BurbankKarl
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To: abb
Was it Moonves or Karmazin who said 'combine all of the Big 3 news divisions' for the economies of scale? Hey now they get their wish!

Seriously, though, this is Redstone's Nero moment, and I only have one thing to say...(see tagline)

50 posted on 10/20/2008 1:58:39 PM PDT by StAnDeliver (Schadenfreude!)
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To: GLDNGUN

Looks like the concensus is growing. Anyone else have any thoughts on this? Heck, we could even change the station name to the “Conservative Broadcasting Station.” Pat Robertson, eat your heart out!


51 posted on 10/20/2008 2:12:21 PM PDT by pctech
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To: abb

http://www.starbulletin.com/news/20081020_buyouts_offered_at_the_advertiser.html
Buyouts offered at the Advertiser

http://biz.yahoo.com/ap/081020/earns_preview_mcclatchy.html?.v=1
Earnings Preview: McClatchy Co. 3Q earnings
Monday October 20, 10:22 am ET
By Anick Jesdanun, AP Business Writer
McClatchy to report 3Q earnings Tuesday amid downturn in ads, job cuts, debt


52 posted on 10/20/2008 2:17:47 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: bert
Yeah but see here's the thing; how many times does it have to be proven that good wholesome family shows sell? If you look at really good family movies, either on the TV or at the movie theater, they routinely outsell and outperform all the R-rated junk out there.

What I would propose is to buy CBS, rename it, fire all the news personnel, then hire people like Michelle Malkin, Sean Hannity, Rush Limbaugh, Magan Kelly, etc, (if of course if they would like to be hired) and use them as the news broadcasters. Hire some more conservative personnel and start producing a conservative counterpart to 60 Minutes or 48 Hours. Then I'd develop and show family centered TV shows.

I wouldn't have people like Pat Robertson or anyone of his ilk on it either. Rather have more conservative and mainstream preachers like Charles Swindoll, David Jeremiah, etc, on each Sunday morning.

Heck, I'd even have someone start and end every day with prayer like they used to do in the old days. This kind of thing could be done and there is a market for it, someone just has to have to guts to do it. I know I would!

53 posted on 10/20/2008 2:22:12 PM PDT by pctech
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To: pctech

Unfortunately they will probably be purchased by Pravda, or the Red Chinese Army. Through shell corporations, of course.

Nothing will change. It could actually get worse.


54 posted on 10/20/2008 2:32:03 PM PDT by ChicagahAl (So your bumper sticker says: "Don't blame me, I didn't vote!"? Duh!)
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Comment #55 Removed by Moderator

To: Mojave

“TV Guide went for a dollar. CBS should bring at least two.”

I would buy it. This would be the outcome.

“Good evening, this is the CBS news and I am Rush Limbaugh.”


56 posted on 10/20/2008 4:03:34 PM PDT by EQAndyBuzz (McCain/Palin 2008)
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To: abb
CBS: CONSERVATIVE BROADCAST SYSTEM!They wouldn't even have to change the call letters.

THEN! They could have Dan Rather forced to read the news, written by Rush!

It would be a dream come true

57 posted on 10/20/2008 4:12:24 PM PDT by Balding_Eagle (If America falls, darkness will cover the face of the earth for a thousand years.)
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To: Mojave
That is the lesson currently being learned by those who bought newspapers on the cheap and then watched their investment become asymptotic to 0.

Kinda like buying a crashing plane just before it hits the ground.

More like buying a taco stand then filling your tacos with crap instead of the beef that the consumer thought they were getting.

58 posted on 10/20/2008 7:28:55 PM PDT by HP8753 (Live Free!!!! .............or don't.)
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To: bert

http://www.deadlinehollywooddaily.com/more-stock-trouble-for-sumner-redstone/

More Stock Trouble For Sumner Redstone

When it rains, it pours, especially if you’re over-leveraged Sumner Redstone. Despite Monday’s stock market rally, the share price for his videogame publisher Midway Games hit the skids and lost a whopping 12% of its market value. The maker of titles Unreal Tournament 3 and Mortal Kombat fell 15 cents to close at $1.10. That’s down 67.1% from its year-ago price. As Forbes.com noted, Midway Games had “a doozy of a day” — making Redstone’s really rotten. His holding company National Amusements already had to sell hundreds of millions of dollars worth of shares in Viacom and CBS at rock bottom prices. Forbes speculated Monday that perhaps Redstone was “going to turn around and lend the money to the struggling Midway Games just to keep the company afloat”. Redstone already is said to be in talks with bankers to renegotiate terms on $1.6 billion in debt because of the losses in value of his contrlling shares of CBS and Viacom used as collateral. Geez, it wasn’t long ago that other media moguls were envious of Redstone for having the foresight to invest in videogames — which he once boasted were “the hottest part of the entertainment industry” — not for Viacom but for his personal portfolio. Are they feeling sorry for Sumner now? Anyone? Anyone?


59 posted on 10/21/2008 2:59:12 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Grampa Dave

http://news.bostonherald.com/track/inside_track/view.bg?articleid=1126788&srvc=home&position=also

Young and restless
By Inside Track | Tuesday, October 21, 2008 | http://www.bostonherald.com | The Inside Track

National Amusements honcho Shari Redstone was mum yesterday on gossip that her 85-year-old media-mogul dad, Sumner Redstone, was being kicked to the curb by his much younger wife.

“I don’t comment on anything in the New York Post,” Shari told the Track yesterday at ESPN’s “Monday Night Football” lunch at Showcase Live. “I much prefer the question, ‘Are you ready for some football?’ ”

Which she was.

Anyway, Gawker.com reported over the weekend that former school teacher Paula Fortunato was packing her bags and moving out of the Beverly Park manse she and Redstone shared in La-La. The couple, said the Post, have had “explosive blow-ups over the past year and had not been seen together recently.”

Like the old man needs this right now . . . Redstone’s trying to rework the $1.6 billion in unsecured debt on his National Amusements holding company. But, then again, when is it a good time to Showcase a divorce?


60 posted on 10/21/2008 8:10:34 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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