Skip to main content

Posts

The quixotic pursuit of media independence

N ational and international media development and aid programs often embrace the objective of developing independent media as a means of promoting democratic development.  They do so in hopes of reducing political power over media, but fail to acknowledge that all media and communication infrastructures are systemically influenced by economic and social, as well as political power. And they often seem to ignore the reality that the history and cultures of nation states affect how that power is exercised. Media systems and their content, and the degree of freedom of expression and freedom of the press, are reflections of the alignment of the dominant cultural elements in society. Even in the West, most notably within European Union and Council of Europe governing institutions, efforts to promote media independence are gaining significant support—particularly when applied to m edia in Central and Eastern Europe. The term media independence is often used naively and imprecisely, cons...

The Challenges of Succession at Viacom, CBS and Natonal Amusements

The current dispute over Sumner Redstone’s competency to make decisions regarding his firms is pitting company executives against family members and family members against each other, diverting significant attention from running the companies and revealing the challenges of governing a firm as its founder ages. Redstone, who is now 92 and allegedly mentally incapacitated, had for many years planned his estate. He created a family trust that would take control over National Amusements after his death. National Amusements holds controlling interest in companies such as Viacom, CBS, Paramount Studios, Comedy Central and Nickelodeon. In recent months Redstone suddenly altered his will and estate gift plan and changed the trustees of the Redstone trust and the members of the Viacom board. This provoked a corporate and family drama about whether he is capable of making the changes or is being manipulated by his daughter Shari Redstone, who serves as President of National Amusements and vice...