The entertainment company reports a quarterly profit gain when excluding its results. By Georg Szalai Global Business Editor NEW YORK – Viacom Inc. said Thursday it plans to sell Harmonix, the ...
Viacom shares have traded flat for the majority of this year, even as the latest Q3 results showed a company in the midst of a turnaround. Revenue comps are negative due to a bright film slate in the ...
Viacom Inc.’s purchase of KCAL-TV (Channel 9) may force its Infinity Broadcasting Corp. subsidiary to give up one of its seven valuable L.A. radio stations. The acquisition has left the media giant ...
The battle for control of media conglomerate Viacom is getting even nastier. National Amusements, the investment vehicle for the Redstone family that holds a controlling interest in Viacom, announced ...
What:Shares of Viacom jumped nearly 13% late Thursday after the media company announced it had agreed to a multiyear contract renewal with DISH Network. So what:Exact financial terms for the agreement ...
Viacom Inc. (VIA, VIAB) said Tuesday its new executive leadership will position the entertainment giant to be a fierce competitor and regain the confidence of Wall Street. Amid a lackluster stock ...
SAN FRANCISCO — The messy legal battle over Sumner Redstone’s media empire appears to have come to an end. According to an internal memo provided by Viacom on Friday, CEO Philippe Dauman will step ...
The CBS-Viacom merger is good news for Shari Redstone She finally won. For Shari Redstone, the 65-year-old daughter of ailing 96-year-old mogul Sumner Redstone, who had chafed for a dozen years living ...
A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here. A version of this article first appeared in the ...
Sumner Redstone's holding firm calls for an all-stock deal, saying it is "not willing to accept or support any acquisition" of Viacom or CBS by a third party or not controlling the merged company. By ...
Now that Viacom Inc. has snapped up L.A.’s last independent VHF station and created yet another local television duopoly the waiting game begins. Specifically, what will the New York-based media giant ...
LOS ANGELES (MarketWatch) -- Viacom Inc. shares jumped Wednesday after the media holding company said it's considering splitting its broadcast group from its cable properties. Chairman Sumner Redstone ...