Mel opens up.(Media & Technology)

Los Angeles Business Journal | May 3, 2004 | Copyright

VIACOM Inc. President Mel Karmazin was asked about a variety of topics during a session hosted by Syracuse University's S.I. Newhouse School of Public Communications. Some highlights:

* On Viacom's interest in buying Metro-Goldwyn-Mayer Inc.:

"We think a studio is worth more money to someone who doesn't have a studio. There's a price we'd put on the MGM library." Viacom, which owns the Paramount movie studio, can increase the number of movies it makes annually without buying another studio, he said.

* On Time Warner Inc.'s CNN cable-news channel: ...

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