Chat with our sales team
Whole Network Most Recent TOP10 Accounting Compliance Ethics SOX

 

Former Viacom boss's special needs

Filed in archive litigation by leon on March 21, 2007

newgavel.jpg
Even by US standards, this piece of litigation is truly bizarre.Last week, all the attention was on reports that Viacom, Nickelodeon's parent company, had launched a $1 billion copyright infringement lawsuit against YouTube, the video-sharing website owned by Google.

Now we learn that Viacom's former chief chief Thomas Freston, who gave us the slogan 'I want My MTV', is locked in a legal battle with New York's board of education over the right to have the city pay to educate his son, who has special needs.

People might remember that Freston walked out with $85 million last year when he was turfed out as Viacom boss, as reported here. This guy is not your average public school parent.

The weird qualities of this case are explored in detail by Bloomberg's Amity Shlaes.

Freston's action generates massive costs and Shlaes quite rightly points out that the guy should probably try doing it another way.

"Freston might better devote his post-Viacom hours to getting Congress to pass a federal law about how to help special-needs kids. This avenue to reform is better than the courthouse steps,'' she writes."The Supreme Court will probably hear the suit in October. Already the case reminds us of something. Legal action is like MTV, providing consolation, even instant gratification, for some: 'I want my lawsuit.' Only later do we find out how much a suit costs the rest of us."


Advertisement


Permalink: Former Viacom boss's special needs
Tags: Thomas  Freston  lawsuit  New  York  board  of  education  Viacom  viacom  former+viacom 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/59020



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use our search feature to look for other interesting posts

Just this blog Whole network
Delta Air Lines
Advertisement -
Book yours here..


 
  • Would you like to have a new interactive marketing channel for your company? Learn more about Sponsored Blogs with Creative Weblogging. See how we helped companies like Weblin and cellity reach their goals.
  • Would you like to reach millions of blog readers every day? See you banner on hundreds of blogs with TierOneAds? Stay in control measuring conversion in real time. Register now.
  • Would you like to make more money blogging? Use TierOneAds a new platform that allows you as a blogger to set your prices per impression. Register now.
  • Do you have a blog with more than 50k page views from the US? Let us market your blog and earn great fix payments and bonuses.
  • Would you like to see your text link here? Let us know!
Advertisement
Book yours here.



  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Accounting boards of directors Compliance corporate crime corporate governance corporate reputation Ethics events executive pay litigation markets regulators risk shareholder activism SOX Sponsored Blog strategy