Tom Freston Net Worth is$300 Million
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Date of Birth: Nov 22, 1945
Tom Freston is an entertainment industry executive, with a net worth of $300 million. Tom Freston has earned his net worth as one of the founders and the head of marketing of MTV, as President and CEO of MTV Networks, as Vice President and Co-COO of Viacom and is now Chairman of The One Campaign. He was born in the U.S.
Thomas E. Freston (born November 22, 1945) is an American entertainment industry executive. He currently is a principal in Firefly3 LLC, a consulting and investment company. Currently he consults Oprah Winfrey, among others.
Freston began his career advertising at Benton & Bowles (which later merged with D'Arcy). In 1972, after a year of traveling, he moved to Asia to start a textile and clothing business, Hindu Kush, working and living out of New Delhi India and Kabul, Afghanistan.
Returning to the USA in 1979 in a career change, he joined the Warner-Amex Satellite Entertainment Company (WASEC), a pioneer in the new field of cable television programming. He was one of the founding members of the team that created MTV: Music Television. As head of marketing, he worked on the "I Want My MTV" ad campaign that helped make the new network a cultural phenomenon. In 1987 he became the President and CEO of MTV Networks, a job he held for 17 years. MTV Networks launched and operated networks including: Nickelodeon, Nick at Night, VH1, Comedy Central, TV Land, Spike, Country Music Channel, Logo, Noggin, and others.
As CEO of MTV Networks, Freston expanded the company's reach, built an animation studio, produced feature films, and developed large consumer product and digital businesses. Popular characters and shows included: Blue's Clues, Beavis and Butt-head, SpongeBob SquarePants, The Daily Show with Jon Stewart, South Park, The Real World, Behind the Music, and Rugrats.
In 2004, after Viacom President & COO Mel Karmazin stepped down, Freston was named Co-President & Co-COO of Viacom (along with Leslie Moonves). Freston oversaw MTV Networks, Paramount Pictures, Famous Music Publishing, and Simon & Schuster.
In January 2006, Viacom split into two separate companies: Viacom led by Freston and CBS Corporation headed by Moonves.
In September 2006, Viacom chairman Sumner Redstone stunned the entertainment industry in 2006 when he fired Freston from the position

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Tom Freston Latest News

Les Moonves and MTV Chief Tom Freston Partied in Cuba and Found Fidel Castro 'Fascinating and Charismatic!'

“Talk about a power lunch: Cuba leader Fidel Castro broke bread last week with a group of Hollywood titans, including CBS Television CEO Leslie Moonves, and MTV Networks chief Tom Freston…The execs fl...
Posted: September 14, 2018, 9:09 pm

Rupert Everett’s new movie deal grew from a lie

Guests included Julianne Moore, Anna Wintour, Candice Bergen, Helena Christensen, Donna Karan, Tom Freston, Huma Abedin, Princess Alexandra of Greece and Sony Pictures Classics heads Michael ...
Posted: October 15, 2018, 6:11 am

Peter Bart: What Would Viacom Look Like If Tom Freston Hadn’t Been Fired For Losing MySpace To Murdoch?

Amid the orgy of congratulation and self-congratulation last week, it was difficult to find anyone pumping the hand of Philippe Dauman. It was exactly 10 years ago that the Viacom CEO took office, yet ...
Posted: March 3, 2016, 2:51 pm
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