News Broadcasting
Viacom to reduce director board by two
MUMBAI: Media conglomerate Viacom which owns MTV and Paramount has announced that 15 of its board directors will stand for a re-election at the annual stockholders meet on 19 May.
They will include nine independent directors. Previously there were 17 members. William H. Gray III and Ivan Seidenberg will leave the board in order to focus on other business interests.
Viacom CEO and board chairman Sumner Redstone was quoted in a company release saying, “Bill and Ivan have decided to leave our board in order to focus on other commitments. These include the responsibilities they have as CEOs of The College Fund/UNCF and Verizon respectively, as well as their service on other boards of directors.
“While we will miss their counsel and leadership, their decision gives us the opportunity to further reduce the size of our board as we did last year. Our aim is to move closer to our target size of 14 members.”
Meanwhile a Reuters report has indicated that both Redstone and Viacom president and COO Mel Karmazin saw their salaries rise and bonuses fall in 2003. A proxy statement filed with the US Sec yesterday shows both Redstone and Karmazin receiving salaries of $3.99 million and bonuses of $15 million in 2003. Both had received salaries of $3.63 million and bonuses of $16.5 million in 2002.
Through his company National Amusements, Redstone holds about 71 per cent of the voting interest in Viacom.
News Broadcasting
News18 hosts Tamil Nadu town hall ahead of 2026 polls
MK Stalin headlines ‘Next Big Leap’ event from 10am on 23 February in Chennai with leaders and icons.
MUMBAI: Tamil Nadu’s political pot is simmering and News18’s town hall is stirring it up just in time for the 2026 assembly elections boilover. Set for 23 February from 10am onwards in Chennai, the News18 Network Town Hall gathers heavyweights under the banner ‘The Next Big Leap for Tamil Nadu’ to dissect the state’s political pulse, economic edge, and cultural clout. With the 234-seat assembly contest looming as a fiercely competitive showdown, the event spotlights how Tamil Nadu’s identity-driven politics and engaged voters continue to ripple across national debates.
Chief minister MK Stalin leads the charge with a keynote on the theme, sketching his government’s blueprint for governance, development, and staying power pre-polls. Deputy Chief Minister Udhayanidhi Stalin chimes in on ‘Voices, Vision & Way Forward’, unpacking generational shifts and fresh narratives. From the opposition corner, AIADMK general secretary Edappadi K Palaniswami tackles ‘Baton Change at the Ballot?’, floating alternatives to the status quo.
Economic vibes get a nudge from industries minister TRB Rajaa on ‘Investment Story Intact?’, probing the state’s draw for big bucks. BJP’s K Annamalai dives into ‘People, Trust & Political Ideology’, positioning his party in the Dravidian-dominated turf. IT Minister Palanivel ThiagaRajan explores ‘Code, Capacity & Citizenship’, on tech’s role in citizen-focused services. TVK’s KG Arunraj questions if ‘Winds of Change are Possible’ in this pattern-prone state.
A panel on innovation features IIT Madras director Prof V Kamakoti, M&M’s Velusamy R, and Electronic Industries Association’s Dr Sasikumar Gendham, musing how AI and knowledge hubs are remaking opportunities. Culture gets its due with composer Anirudh Ravichander on ‘Tamil Music for the World’.
CNN-News18, editorial affairs director Rahul Shivshankar noted, “The News18 Network Tamil Nadu Town Hall… reflects our core editorial focus, to capture the political mood of the state and spotlight the ideas that will shape the next phase of governance and growth.”
Network18, CEO of English & business news Smriti Mehra added, “As Tamil Nadu moves closer to a defining electoral moment… we see it as our responsibility to drive informed and meaningful conversations.”
Network18 managing editor for South, Vivek Narayan said, “The News18 Network Townhall in Tamil Nadu is designed as a platform where policy, politics and public interest intersect.”
Backed by associate partners Tata Motors Commercial Vehicles and Reliance Industries, the live event streams on CNN-News18, News18 Tamil, CTV, and Youtube from 10am on 23 February perfect for catching the sparks, even if you’re not knee-deep in Dravidian drama.
