April 30, 2003 -- DISNEY board members were disappointed when Mel Karmazin re-upped as co-chairman of Viacom. Karmazin, who built Infinity Broadcasting, was seen as a potential savior who could take over for Disney chairman Michael Eisner. The board is unhappy that ABC is still in fourth place, irritated that the network was so slow getting into reality shows, and annoyed that when it did, it compromised Disney's family values with such sleazy fare as "Are You Hot?" Sources say the board is now looking at Terry Semel, the former Warner Bros. mogul now running Yahoo!, as an Eisner replacement, and Comcast biggie Steve Burke as a sub for ABC boss Robert Iger.