Irresponsible Rumormongering: Stiffed By MTV?
We once again do that thing where we throw out something totally unconfirmed and let knowledgeable sources deny it. Anyway, a correspondent corresponds:
Viacom Holding Money Back to look good for Wall Street
Producers and talent are calling and complaining to MTV Networks about past due invoices. Ever since Tom Freston was ousted a few months back MTVN has tried to look healthy for Wall Street. With this in mind MTVN hasn't issued payments for 2 weeks and rumors are circulating that no payments will go out for the rest of the year. This might help MTVN look more successful at the end of a very difficult year (companies split and Freston fired). Employees have been told that if they tell those seeking payment that money is being held back that they will be fired.