ZingB

Age, Biography and Wiki

Mel Karmazin was born on 24 August, 1943 in Long Island City, New York, U.S., is an executive. Discover Mel Karmazin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 80 years old?

We recommend you to check the complete list of Famous People born on 24 August. He is a member of famous executive with the age 80 years old group.

Mel Karmazin Height, Weight & Measurements

At 80 years old, Mel Karmazin height not available right now. We will update Mel Karmazin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Who Is Mel Karmazin's Wife?

His wife is Sharon Matlofsky (divorced) Terry Malia (2001–present)

Mel Karmazin Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Mel Karmazin worth at the age of 80 years old? Mel Karmazin’s income source is mostly from being a successful executive. He is from New York. We have estimated Mel Karmazin's net worth , money, salary, income, and assets.

Mel Karmazin Social Network

Timeline

Karmazin's reported 2012 pay and severance from Sirius XM amounted to over $255 Million.

As an executive of an even bigger conglomerate, Karmazin and Viacom chief Sumner Redstone had many differences, leading to Karmazin's resignation in May 2004. Karmazin later said he didn't get along with Redstone and found it difficult to be "No. 2" at a company, but particularly under Redstone. The two executives continued to snipe at each other through the media even a year after Karmazin left Viacom.

Karmazin became the CEO of Sirius in November 2004. He was a strong supporter of radio personality Howard Stern at Viacom, and Karmazin joined Sirius Radio shortly after the company signed Stern. In his first year at Sirius, Fortune magazine reported in November 2005, Karmazin reached deals with Ford and BMW to include the company's radios in their new cars and helped launch Sirius's first portable music player (both initiatives were in the wake of Sirius's rival, XM Radio, pioneering those moves). He also recruited Martha Stewart to Sirius, acquired the programming rights to NASCAR, and raised $500 million in debt financing.

Karmazin ran Infinity for 15 years, then sold the company to Westinghouse, then the parent of CBS. For most of his career he has been known as a "Wall Street darling" for his ability to drive up the price of his various companies' stock. "The joke about him was that he was so pushy that advertisers used to buy airtime from Mel just to get him out of their office," according to a Fortune magazine article. When Infinity merged with CBS Corporation in January 1997, Karmazin would first head CBS Radio as chairman and CEO. By May of the same year he would become Chairman and Chief Executive Officer of the CBS Station Group, overseeing the network's radio and television properties. He served as President and Chief Operating Officer of CBS Corporation from April 1998 until January 1999. Viacom, a media conglomerate that includes CBS, UPN, MTV, BET, Comedy Central, Paramount Pictures and Showtime, absorbed CBS Corporation as of 2000.

In 1994, Karmazin divorced his wife Sharon Karmazin with whom he has two children: a daughter Dina Leslie Karmazin Elkins (born 1971) and a son Craig (born 1975). Sharon is the retired director of the East Brunswick Library and established the Karma Foundation dedicated to the development and enrichment of Jewish life. In June, 2001, Karmazin married his longtime executive assistant, Terry Malia. Craig Karmazin followed in his father's footsteps, when he began an internship at Infinity-owned WIP (AM) in Philadelphia in 1997. He is currently the principal owner of Good Karma Broadcasting, which owns eleven radio stations in four states, including eight sports radio stations. Dina graduated from the University of Miami and married in 1993. Karmazin is a resident of Greenwich, Connecticut.

After school, he worked for Columbia Broadcasting System selling ads for their radio division. In the late 1960s, Karmazin left to work for the broadcasting company Metromedia. At Metromedia, Karmazin presided over New York's WNEW-AM (now WBBR) and WNEW-FM when he was approached to run Infinity Broadcasting in 1981. Soon after he would add fellow New York stations WKTU and WFAN into Infinity's stable. WFAN morning talent Don Imus often referred to Karmazin on the air, never by name, but by the nickname "The Zen Master".

Melvin Alan "Mel" Karmazin (born August 24, 1943) is an American executive. He was the president of Infinity Broadcasting (formally known as CBS Radio now Entercom) and eventually became the president and CEO of CBS television . From 2004–2012, he was the CEO of Sirius Radio (re-branded Sirius XM Radio after XM merged with Sirius in 2008). In October 2012, Karmazin announced that he would be stepping down on February 1, 2013. Upon his departure, John C. Malone took over Karmazin's role at SiriusXM.

ncG1vNJzZmivp6x7pLHLnpmsmZeaxKq3yGeaqKVforKtecqaqaaZqp67