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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
http://www.iht.com/articles/90689.html

Karmazin inks 3-yr. Viacom deal
http://www.nydailynews.com/business/story/68799p-64037c.html

ÊKarmazin agrees to stay as president of ViacomÊ
http://www.sunspot.net/business/bal-bz.viacom21mar21,0,6316717.story?coll=bal-business-headlines
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