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

Could Tom Freston Return as Viacom CEO? Rumors Mount as Board Awaits Redstone’s Next Move (EXCLUSIVE)

Much of the focus, sources have told Variety, is centering on Tom Freston, the former MTV Networks boss and Viacom CEO who was ousted by Redstone in 2006 and replaced by Dauman. Judy McGrath, Freston’s former top lieutenant at MTV Networks, has also been ...
Posted: May 26, 2016, 6:49 pm

Buyer of this $3.4M Soho pad was inspired by ‘The Big Lebowski’

66th St. That just happens to be the address of Andy Warhol’s former 9,676-square-foot mansion, which was bought by ex-MTV network honcho and ex-Viacom CEO Tom Freston for $6.5 million in 2000 (and at the time came with a secret trap door in the master ...
Posted: July 6, 2016, 9:00 pm

Ex-Viacom CEO Tom Freston Calls Philippe Dauman ‘Arrogant Elitist’ (Video)

Former Viacom CEO Tom Freston thinks his successor Philippe Dauman is the cause of the company’s current struggles, and called on its board to replace him. Appearing on CNBC’s “Fast Money” on Wednesday, Freston told host Michelle Lee that Dauman ...
Posted: June 15, 2016, 4:14 pm
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