Newsweek: CBS Will 'Do the Right Thing' - Media honcho Sumner Redstone on the fate of shock jock Don Imus

Excerpt:
"By handing Imus' fate to Moonves, Redstone appears intent on avoiding yet another controversy about his own management style. Last year, the mogul kicked Tom Cruise to the curb, publicly blasting the star's erratic behavior and severing his lucrative production agreement with Paramount Pictures. (The studio is also owned by Viacom.) Cruise, a member of Scientology, had made controversial statements about his religious beliefs. Yet many Hollywood veterans were stunned by the Viacom founder's public disassociation from a star who had generated billions of dollars at the worldwide box office. Redstone's unilateral action on the Cruise matter also left Hollywood and Wall Street confused about who, exactly, was in charge of day-to-day management at Viacom, effectively undermining then-CEO Tom Freston. The Viacom board, led by Redstone, later fired Freston, who helped launch MTV and had been one of the industry's most popular executives."

http://www.msnbc.msn.com/id/18065310/site/newsweek/?from=rss

Alex

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