Will CBS Radio Can Imus?
(AP)
--Sumner Redstone, chairman of Viacom Inc.,* on whether CBS Corp. chief executive Leslie Moonves will fire Don Imus. NBC News announced yesterday that "MSNBC will no longer simulcast the 'Imus in the Morning' radio program." The program "generates in excess of $20 million in annual revenue for CBS Radio," according to the New York Times.
*CORRECTION: Following Newsweek's lead, I mistakenly referred to Viacom as CBS' "parent company." It is not, of course: The companies split at the end of 2005. Redstone is the Chairman of the Board of both.