Karmazin gets out

Mel Karmarzin resigned today as the number two executve to Sumner Redstone at Viacom, to be replaced by Tom Freston, the CEO of MTV Networks, and Leslie Moonves, CEO of CBS. They will be co-presidents and co-chief operating officers while Redstone decides on a successor to himself over the next three years. Here's the Viacom release, and first-wave stories from Variety, The Hollywood Reporter, AdAge and AP.

More by Kevin Roderick:
Ralph Lawler of the Clippers and the age of Aquarius
Riding the Expo Line to USC 'just magical'
Last bastion of free parking? Loyola Marymount to charge students
Matt Kemp, Dodgers and Kings start big weekend the right way
LA Times writers revisit their '92 riots observations
Recent Hollywood stories on LA Observed:
Hollywood Reporter gets political
Rejected Joe Eszterhas' Maccabees script is "a Jewish Braveheart'
Publicist Michael Sands dies after choking on sample at Gelson's
Moving day at KCET
Mel Gibson and Joe Eszterhas exchange words over Maccabee script *

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