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 ...
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 ...
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 ...
Viacom has suffered through a period of uncertainty caused by concerns about the future of the television business. Those industry-wide problems have been magnified by the bizarre events surrounding a ...
“The threat to the core of Viacom is profound,” says Patrick Keane, a longtime media executive and current president of Sharethrough, an online advertising company. “The changes are hitting Viacom ...
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 ...
Viacom approved Chairman Sumner Redstone’s plan to split into two companies to help boost a share price that’s fallen 48% in five years and free the faster-growing cable-television business from the ...
NEW YORK (Reuters) - Viacom Inc's Chief Operating Officer, Thomas Dooley, has not renewed an employment agreement set to expire in 12 months, a situation that compensation consultants say is unusual ...
Not long after Google acquired YouTube, the search engine offered nearly $600 million in guaranteed revenue if Viacom--the parent company of MTV Networks, Comedy Central, and Paramount ...
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 ...
Viacom Inc. Monday said it will buy Xfire, an online games technology company, for $102 million in a bid to dominate the youth market on the Internet as it has on television. Viacom, owner of MTV ...