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Owner and oparator Mister Sumner Redstone says he will not renew Karmazin's contract when it expires in 2003.

Mel's contract has been renewed:

Karmazin deal gets Viacom over hurdles

Karmazin inks 3-yr. Viacom deal

ÊKarmazin agrees to stay as president of ViacomÊ,0,6316717.story?coll=bal-business-headlines
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