AOL Time Warner is trying to lure Mel Karmazin from Viacom. It's an unsourced report in the Post, but the story has a certain logic. Karmazin's credited for shoring up Viacom's ad sales; the company is in better shape than most other media conglomerates. Sumner Redstone, the eternal CEO of Viacom, shows no desire to reward him with promotion. Richard Parsons, CEO of Time Warner, is too warm and cuddly for his current role, but might make a good chairman now that Steve Case has resigned. Which would leave the way clear for Karmazin to take over as Time Warner's chief executive.
Warm Mel-come [New York Post]