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"We are determined to move forward aggressively to strengthen Viacom for the future, whether as a stand-alone company or in a potential combination with CBS." After months of legal fights with ...
Viacom declined to comment. Dauman's departure would signal the Redstones' tightening of their control over the beleaguered company's management. Sumner Redstone, 93 and in frail health ...
Viacom Chief Executive Bob Bakish is to oversee the new company, which will be called ViacomCBS. The deal would combine such well-known entertainment brands as CBS and Showtime with Viacom's ...
Invitations, citing his “passion to party,” called for guests to arrive at 6 p.m. “The changes are hitting Viacom harder than virtually any traditional media company on the planet” At the ...
Viacom Inc. reported lower earnings for its fiscal first quarter as the entertainment company’s newly installed chief executive, Bob Bakish, rolled out an ambitious turnaround plan that marshals ...
The joint company also possessed clear synergies: Showtime, which ended up going with CBS in the divorce, had a need for movies that Paramount, which stayed with Viacom, could provide.
(Fortune) -- Does Viacom's mix of media businesses make the company recession-resistant? Some Wall Street analysts believe so. Even as film production costs inch higher at the conglomerate's ...
Viacom has been one of the most aggressive entertainment giants when it comes to striking deals with mobile phone operators around the world, with a top executive touting the company's 5 million ...
Viacom is making it official with Awesomeness. The media conglomerate has announced that it plans to acquire the youth media company from its consortium of owners, NBCUniversal, Verizon and Hearst ...
ensuring he gets a pay check through 2019 even if there is a change of control at the company. Dauman has a deal to remain at Viacom through December 2016. Meanwhile, Wall Street bankers have been ...