African Economic Research Consortium

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Viacom's Dauman

We also will continue to generate substantial free cash flow and get that money back to our shareholders, which we do in the form of buy-backs. So I feel very optimistic about the future of our company. Our brands will drive our business in many different arenas, from consumer products to digital distribution and, of course, our core television and film distribution.

WS: When Sumner Redstone split off CBS Corporation from the rest of Viacom, one of the goals was to improve Viacom�s stock price. Has that happened?

DAUMAN: Fortunately, since I�ve come in, our stock price has gone up significantly, even after you look at the general market turmoil [we�ve experienced recently]. And all the earnings that we delivered since I�ve been here have been well received. Wall Street understands that we have been taking a number of steps to improve our operations and take advantage of our unique strategic position.


ALEXANDER: "I'm not quitting" over donor crisis

What is clear is that somebody who had access to campaign data has taken copies of key documents and sent them out to selected journalists for the past two weeks. One document, released last weekend, contained a list of donors, the amounts they had given and comments by the team for action on each donation; its circulation would have been restricted. Ms Alexander is desperate to find the person responsible and, although the leaking of such devastating material does not necessarily prove the existence of a plot to unseat the Scottish Labour leader, it does show that at least one person feels so angry about Ms Alexander that he or she is prepared to take her down - and damage the whole party. No-one knows yet whether the leak has come from policy disagreements, personal antipathy to Ms Alexander or is part of the sort of factional infighting the Labour Party in central and west Scotland used to be famous for.[/quote] .


Boo Koo Holdings, Inc. Expands Management Team

ADDISON, Texas, Nov. 6 /PRNewswire-FirstCall/ -- BOKO.OB - Boo Koo Holdings, Inc. (Boo Koo), a leading energy drink company, announced today it has added new executives to its management team, in connection with its transition to become a public company.

Boo Koo appointed Steven B. Solomon, an accomplished entrepreneur with extensive public company experience as Executive Chairman and David H. Hayes an accomplished sales executive, as President of Sales and Marketing and Chief Customer Officer. In addition, Boo Koo announced Dan Lee, its President and CEO, will be leaving the Company on December 31, 2007 for personal reasons. Mr. Solomon will fill the position vacated by Chuck Jarvie, who will relinquish his role as non-executive Chairman, but will remain as an independent director of the company.


Musictoday Launches Web Store Application for Facebook(R) Pages

CHARLOTTESVILLE, Va., Nov. 14 /PRNewswire-FirstCall/ -- Musictoday, LLC, a leading provider of ecommerce solutions for music artists, today announced the launch of a Web store application on the Facebook Platform that enables artists with Facebook Pages to sell merchandise directly to their fans through their Facebook Pages. Facebook Pages, which was launched last week, allows fans to interact and affiliate with artists in the same way they interact with other user profiles on Facebook Platform.

Jim Kingdon, Musictoday's Executive Vice President of Corporate Strategy, described this significant expansion of Musictoday's Web store platform: "We're very excited about launching this new service for our clients. It further enables artists to interact directly with their fans and is a natural extension of the official Web store service Musictoday provides for artists on their official Web sites.


Grizzlies' Arco Arena drought extended

In addition to Salmons' near triple-double, Beno Udrih scored 25 points, while Garcia and Miller each had 22.

"John (Salmons) wasn't going to play," Kings coach Reggie Theus said. "I had a conversation with him about going out there and at least seeing how he felt. That is why I went to him the first three, four times. I knew if he went out and was making baskets, that he'd be OK. That's a teammate. He didn't put himself first. That's a guy who put the team first. He could have easily sat out tonight, since he had the flu."

The Grizzlies have now lost three of their last four, and eight of their last 10 games as they head into Golden State tonight.

"It's going to be another tough game," Conley said. "They're a team that likes to play a lot of one-on-one, a lot of run-and-gun type offense.



 

 

 

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