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Fear, loathing in arena of deal-making

The only numbers worse than those flaunted by the recently erratic stock market are the year-to-date merger and acquisition deal totals for 2001. They are the most grim since 1995, experts say, and unlikely to improve anytime soon.“There doesn’t seem…

Fred Reynolds

Executive vice president and CFO, ViacomMr. Reynolds has served as Viacom CFO since May 2000, following Viacom’s merger with CBS Corp. He will step down as CFO to become president of the CBS Television Stations Group effective May 1. He…

J. Michael Kelly

Executive vice president and CFO, AOL Time Warner Mr. Kelly joined AOL in 1998 as senior vice president and CFO. Earlier he managed finances at GTE Corp. as CFO and executive vice president of finance. He previously served in other…

Nielsen responds

Editor’s Note: An EM piece that ran April 2, “Ad revenue count hurt by fuzzy logic,” focused on the fact that ad revenues reported by Nielsen Media Research’s Monitor-Plus and CMR, the two major research companies, for cable networks were…

Television feeling heat of illegal copying

The illegal downloading of copyrighted content that has plagued the recorded music industry is about to become television’s problem and potential economic pitfall.Efforts by television producers and distributors to secure economic content safeguards in a digital age are intensifying, even…

Thomas Staggs

Senior executive vice president and CFO, The Walt Disney Co. Mr. Staggs joined Disney in 1990 as manager of strategic planning. He was appointed CFO in 1998. Before that he worked in investment banking with Morgan Stanley & Co. He…

At a glance: Knight Trading Group Inc.

2000 revenues: $1.26 billion 1999: $896.6 million2000 earnings: 259.9 million 1999: $211.3 million52-week high: $47.13 52-week low: $10.63P/e: 6.78 Price/book: 2.21 Market cap: $1.72 billionThe leading Nasdaq market maker (ticker symbol NITE) has made its bed with the volatile tech…

Profile: David Limp

Title: Executive vice president and chief strategy officer for Liberate TechnologiesBackground: Before joining Liberate in 1996 as vice president of marketing, Mr. Limp spent nine years with Apple Computer. He was promoted to his current position at Liberate in January.New…

Richard Bressler

CFO and senior executive vice president, Viacom (effective May 1, 2001) Mr. Bressler will succeed Fred Reynolds as Viacom CFO. He has been executive vice president of AOL Time Warner and CEO of AOL Time Warner Investments, and he was…

Breaking News Archives

ABC says it will remain in NAB ABC today announced it is planning to stay in the National Association of Broadcasters, even though it is now the only one of the Big 4 TV networks still on board. CBS bailed…