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New twist in battle to control Viacom

2016-05-24 22:44:41| BBC News | Business | UK Edition

The battle for control of Viacom, the Paramount and MTV owner, takes a new twist as two new trustees are appointed by Sumner Redstone.

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Viacom wants to sell stake in Paramount Pictures

2016-02-24 09:35:00| Telecompaper Headlines

(Telecompaper) Viacom said it is looking to sell a "significant strategic minority" stake in Paramount Pictures. The announcement was made by CEO Philippe Dauman at at the Jefferies Media & Communications Conference in New York City. Daumann said the transaction would benefit the companies, both strategically and financially, creating value going forward. Viacom has retained PJT Partners as its financial advisor to assist with the process.

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Paramount stake up for sale by Viacom

2016-02-24 02:30:26| BBC News | Business | UK Edition

Viacom is planning to sell a "significant" minority stake in its film and television studio Paramount Pictures.

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Viacom shares tumble on revenue miss

2016-02-09 18:06:16| BBC News | Business | UK Edition

The owner of Paramount Pictures and Nickelodeon saw its shares fall more then 14% after the company announced a steep drop in quarterly revenue.

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Cablevision drops TV bundle lawsuit against Viacom

2015-10-17 01:23:43| Telecom - Topix.net

" Cablevision has dropped a two-year-old lawsuit against Viacom that accused the channel operator behind MTV, Nickelodeon and Comedy Central of charging it exorbitant fees if it did not also carry less popular channels like Logo and Palladia. The companies said in a joint statement Friday they had resolved the legal fight and were "entering into mutually beneficial business arrangements."

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