Viacom

Viacom's 2017 In Review

Viacom had a better-than-expected fiscal 2017 (fiscal year ends September 2017). For the fiscal year, the company’s total revenue increased 6% year-over-year (y-o-y) to $13.2 billion, due to growth in both the Media Networks and Filmed Entertainment segments. The company’s top line growth was …

Markets

Viacom Shuffle as Tolosa Takes New Role, Tan Moves up

Viacom’s Jose Tolosa has landed a new role at the company and will be chief transformation officer, with Melody Tan filling his previous position as …

Advertising

Viacom building in Times Square evacuated after parking garage fire

The fire happened at 1540 Broadway, which is at the corner of 45th Street and Seventh Avenue. It's connected to the Viacom building.

Times Square

Viacom, Disney See Stock Prices Head In Different Directions

Two big cable TV network group stocks went in different directions on the Wednesday before the Thanksgiving holiday weekend: Viacom went lower and …

Advertising Industry

Viacom's Q4: On Value, Price Action And Consolidation

The company grew cash flow, but the rest of the report wasn't exciting.<p>A case could be made that this is a value stock.<p>I myself prefer to wait for …

Business

Viacom threatened with potential junk downgrade at S&P

Rating agency S&P Global warned Viacom on Friday that it had placed the company’s investment grade rating on review for a possible downgrade, as …

Economy

The Biggest Loser: Viacom Tumbles

Shares of Viacom (VIAB) sank to the bottom of the S&P 500 index after the media giant delivered a mixed quarter and a dim outlook for next year,<p>The …

Stocks

Correction to Viacom Earnings Article

Viacom reported its fourth-quarter earnings on Thursday. "Viacom's U.S. Revenue Lags Amid Declines in Cable Subscribers," at 9:17 a.m. ET, incorrectly stated it was the company's third quarter. (Nov. 16)<p>(END) Dow Jones Newswires<p>November 16, 2017 11:10 ET (16:10 GMT)

Markets

Viacom shares plunge on grim forecast for pay TV

Viacom, owner of MTV, Comedy Central and Paramount, said Thursday it expects high single-digit declines in revenue from US cable TV operators and …

News Industry

Viacom shares slide after warning on fee income

and in New York<p>Viacom shares fell as much as 9 per cent on Thursday morning after the owner of MTV, Nickelodeon and Paramount warned of a drop in …

Markets

Viacom Q4 Earnings Miss Mark as MTV Home Sheds Cable Subscribers

Paramount’s box office also compares unfavorably to last year’s “Star Trek Beyond”-carried quarter<p>Viacom grew its top and bottom-line financials for …

Entertainment

Viacom dips as profits miss amid declining subscribers

Viacom (VIA -1.9%, VIAB -4.4%) is lower after its Q4 profits fell short despite revenue gains aided in part by affiliate rate increases.<p>Operating …

Business

Viacom revenues top estimates but earnings miss

Viacom on Thursday reported upbeat quarterly revenues boosted by overseas advertising and filmed entertainment, while earnings turned up shy of …

Markets

Viacom Shares Slide After Mixed Q4 Earnings Report, Affiliate Weakness

<b>UPDATED at 7AM PT with executive comments:</b> Viacom ended its fiscal year with a mixed-to-positive fourth quarter featuring a slim total revenue gain …

Entertainment Industry

Viacom Posts Earnings Gains Despite Paramount Loss, Affiliate Revenue Drop

Viacom delivered an improved financial performance for its fiscal fourth quarter despite a drop in cable affiliate revenue and a $59 million hit on …

Markets

Viacom, Charter Renew Distribution Partnership

Viacom (VIAB) and Charter Communications (CHTR) announced they renewed their partnership avoiding a blackout of Viacom's suite of channels on …

Tech Industry

Viacom And Charter Renew Carriage Deal, Partner On Programming And Ads

Viacom, after earlier this year reaching a broad carriage renewal with Altice for carriage on Optimum and Suddenlink systems, has renewed its …

Entertainment Industry

Viacom and Charter Plan to Address Unauthorized Password Sharing

Viacom and Charter Communications said on Wednesday that they had agreed to a multi-year renewal of their distribution agreement.<p>The companies also …

Energy

A&E, Scripps, Discovery, AMC, and Viacom invest $25M in Philo, a new streaming service with programming from 35+ cable TV channels and 30-day DVR, for $16/mo.

Cable TV

Beijing Has Killed Viacom's $1 Billion Movie-Funding Deal

Viacom’s (viab) Paramount Pictures said a $1 billion movie funding deal with China’s Huahua Media has been scrapped after Beijing tightened foreign …

Energy

Children's Lawyers Drop Privacy Suit Against Viacom Over Tracking Cookies

Attorneys for a group of children have agreed to withdraw a long-running privacy lawsuit against Viacom, court papers filed Friday reveal.<p>The …

Privacy

Viacom Picks AwesomenessTV's Kelly Day to Lead Its New Digital Content Team

New exec will look to create new original and branded content for media giant to push online<p>Looking to beef up its online presence, Viacom announced …

Entertainment

Viacom in talks with mobile carriers over video streaming deals

Viacom hasn’t embraced the new world of online entertainment gracefully. The company pulled its channels from OTT services like PlayStation Vue last …

Televisions

Viacom chases mobile deals to make up for cord-cutting

To win over young US cable-cutters, Viacom is attempting to cut deals with mobile phone networks to provide their subscribers with its content. The media conglomerate's move is a quiet strategic redirect to target younger users where they are -- on their phones and devices -- instead of insisting …

Mobile

Judge throws out suit over Viacom's Redstone compensation

A judge has thrown out a lawsuit that challenged compensation Viacom (VIA -1.1%, VIAB -0.7%) paid to its former chairman, Sumner Redstone.<p>Plaintiffs …

Business

Viacom, Charter deal to include eight networks in basic package: source | Reuters

This story has not been edited by Firstpost staff and is generated by auto-feed.<p>Published Date: Oct 19, 2017 12:45 am | Updated Date: Oct 19, 2017 …

Viacom, Charter agree to network deal for basic package - source | Reuters

This story has not been edited by Firstpost staff and is generated by auto-feed.<p>Published Date: Oct 19, 2017 12:15 am | Updated Date: Oct 19, 2017 …

Spectrum Customers, Relax: You're Not Losing Comedy Central

Viacom viab and cable operator Spectrum, a unit of Charter Communications chtr have agreed on a multi-year programming deal that keeps Nickelodeon, …

Comedy Central

Viacom And Charter Reach Tentative Deal On New Carriage Agreement

Viacom and Charter Communications have reached an agreement in principle on a new carriage contract, a deal that will keep Viacom’s networks on …

Entertainment Industry

Viacom, Charter come to agreement on channel carriage renewal

After a short extension, Viacom (VIA, VIAB) and Charter Communications (NASDAQ:CHTR) have come to an agreement on terms in a multi-year channel …

Business