News

The Redstone family, which owns a majority of Viacom and CBS Corp.’s voting stocks, called Thursday for a merger of the two media giants, a move to ensure its control and generate savings and ...
Viacom’s lead independent director has petitioned a Delaware court to conduct a physical and mental examination of the media conglomerate’s 93-year-old controlling shareholder.
Sumner Redstone, the ailing 92-year-old media mogul who owns a controlling stake in Viacom Inc., has removed two business associates, including Viacom CEO Philippe Dauman, from his trust ...
There’s a new crisis in Bikini Bottom. Ratings for Viacom-owned Nickelodeon and other cable channels are sinking fast in a blackout that has kept DirecTV’s 20 million customers from watching ...
This article was updated at 9:46 p.m. NEW YORK — A hefty writedown at Blockbuster knocked Viacom into the red last quarter despite a strong perf at those true-blue cable nets and strides at ...
In ousting Tom Freston, Viacom mogul Sumner Redstone may have been driven by more than just lost faith in the longtime exec who successfully expanded cable's MTV into a global juggernaut.
Viacom Chief Executive Philippe Dauman refuted suggestions Monday that the company’s executive chairman, Sumner Redstone, is in any way mentally unable to perform his duties. “It’s not a big ...
Viacom Inc. said the compensation of Executive Chairman Sumner Redstone fell 85% in fiscal 2015, as the media company faces concerns on Wall Street about the slump in its shares and the ailing ...
By Georg Szalai, The Associated Press NEW YORK — Viacom Inc. executive chairman and controlling shareholder Sumner Redstone will get a smaller cash salary and target bonus under a new ...
The board of Viacom Inc. is considering whether to cut the pay of Chairman Emeritus Sumner Redstone, people familiar with the matter say, in the wake of a legal battle that highlighted the ailing ...
YouTube tries to hold on to a judge's decision to dismiss Viacom's copyright infringement lawsuit. As the song by The Police goes, "You don't have to put on the red light / Those days are over" By ...
This article was updated at 9:46 p.m. NEW YORK — A hefty writedown at Blockbuster knocked Viacom into the red last quarter despite a strong perf at those true-blue cable nets and strides at ...