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Viacom

Latest News

  1. Digital Disrupt: Entertainment Stocks Pummelled in 2015, Netflix Soars

    2:29 pm 12/28/2015

    Major Hollywood conglomerates lost nearly $50 billion in market value amid fears about changing TV viewing habits, with four of the big seven companies' stocks falling, while shares of Netflix and Amazon more than doubled.Read more

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  2. Viacom CEO Philippe Dauman's Pay Falls to About $36.9 Million

    1:57 pm 12/23/2015

    The company also discloses its compensation for executive chairman Sumner Redstone.Read more

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  3. Leslie Moonves Poised for CBS Board Chair Upon Death of Sumner Redstone

    12:31 pm 12/22/2015

    The mogul's daughter, Shari Redstone, is said to have struck a deal with the CBS chief. Read more

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  4. Nickelodeon Strikes Deal for Attraction in China

    7:17 am 12/21/2015

    The project, which will feature such characters as SpongeBob SquarePants, Dora the Explorer and the Teenage Mutant Ninja Turtles, will open by 2020 and cost an estimated $1.85 billion.Read more

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  5. Sumner Redstone Offered to Buy Daughter’s Stake in National Amusements for $1B (Report)

    12:51 am 12/21/2015

    Shari Redstone rejected the deal, which would have required her to give up her right to become chair of Viacom and CBS.Read more

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  6. Viacom's Second Largest Shareholder Floats Studio Merger, Says Redstone Is Too "Salacious" for Hollywood

    3:14 pm 12/3/2015

    "The mind is working but the body is not? At least discuss it. Tell everybody what's going on," Mario Gabelli says of his call for a disclosure on the executive chairman's mental state. Read more

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  7. Viacom CEO Speaks Out About "Misinformation," "Hyperventilation" Surrounding Sumner Redstone

    12:52 pm 12/3/2015

    Philippe Dauman at the UBS Global Media and Communications Conference in New York calls for "decency" in talk about the executive chairman's health and says he talks to and meets with him regularly.Read more

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  8. Major Viacom Shareholder Wants Alibaba to Buy a Stake in Paramount

    12:24 pm 12/3/2015

    Mario Gabelli owns the second-largest block of voting shares in Viacom, and he has suddenly become a very vocal, activist shareholder.Read more

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  9. Viacom's Second Largest Shareholder Calls for Disclosure of Sumner Redstone's Mental Capacity

    12:11 pm 12/2/2015

    Mario Gabelli's request comes on the heels of a legal battle involving Redstone's former girlfriend, Manuela Herzer, and trustees.Read more

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  10. War Over Sumner Redstone: How His Ex's Lawsuit Sets Up a Trust Battle

    7:40 am 12/2/2015

    As the frail billionaire's ex Manuela Herzer sues claiming he's incompetent, the legal fight may impact when his trustees take control of CBS and Viacom, with a media empire hanging in the balance. Read more

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