Viacom Archives

Jul15
Paramount Loses Out on $450 Million in Financing
Credit Crunch Hits HollywoodIn a major setback, Paramount Pictures was forced to step back from a film financing package worth $450 million, as the credit crunch has landed square in the American entertainment industry.The fund, which would have had the...
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May31
Viacom Plunges to Yearly Low on Advertising Worries
Viacom Inc. (NYSE:VIA-B) dropped to its lowest stock price in 52 weeks, as CEO Philippe Dauman announced this week that advertising growth in the second quarter will be down more than expected. On the domestic side, Dauman said ad sales... Continue Reading
Jul26
Shari Redstone, National Amusements Partners with National CineMedia for In-theater Broadcasts
National Amusements, which has been led by the creative Shari Redstone for years, has now added National CineMedia Inc. to its stable of content providers for the theater chain.The chain has been offering live broadcasts of events since 2002, where... Continue Reading
Jul19
Viacom, CBS, and the Redstone Family Battles
It could be that the best thing that could happen to Viacom (VIA-B) is that it would be sold. The continuing squabble within the Redstone family isn't good for the business.The latest battle is between Sumner Redstone and his daughter... Continue Reading
Jul13
Sumner Redstone, Viacom in Talks to Build Chinese Theme Parks
The U.S. media industry hasn't had much success with their efforts in penetrating the Chinese market. There have been restricions on where TV channels can be broadcast, and in one case an effort to build a chain of theaters failed.... Continue Reading
Jun 4
Viacom Won't Make Upfront Deals Based Upon Commercial Ratings This Year
Viacom (VIA-B) CEO Philippe Dauman said that the company won't make upfront deals this summer based upon commercial ratings.Speaking to a group of investors, Dauman said, "We think it needs another year of fine-tuning for cable networks." He acknowledged that... Continue Reading
 


Nickelodeon Partnering with Marriott to Create Family Resorts
Viacom Agrees to Sell Famous Music to Sony
Viacom's Profits Plunge 36 Percent for the Quarter
National Amusements Inc. Bringing Live Video Gaming Tournament to Los Angeles Theater
Viacom Experimenting with Shrinking DVD Release Time
Viacom Profit Rises Fourfold on DreamWorks Purchase
MTV Woes Continue - Cutting More Jobs
Viacom Looking for New Ways to Capture Male Viewers

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