MTV’s Downfall ‘Breaks My Heart,’ Tom Freston Says

Bloomberg: MTV’s decline in influence among younger audiences “breaks my heart,” said Tom Freston, former CEO of Viacom and co-founder of MTV. “When you see its fortunes wither away it sort of hurts.” Also: Viacom has “got a big catch-up to do,” Freston added. “They don’t really have a footprint in the digital world. … The path of least resistance would seem to be to engage in some M&A.”