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Viacom Inc (VIA.O)

VIA.O on Nasdaq

38.80USD
18 Aug 2017
Change (% chg)

$-3.60 (-8.49%)
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$42.40
Open
$41.90
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$42.15
Day's Low
$38.75
Volume
162,357
Avg. Vol
113,421
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$49.23
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$36.25

Latest Key Developments (Source: Significant Developments)

Skydance Media extends agreement with Paramount Pictures for four additional years
Monday, 7 Aug 2017 09:15am EDT 

Aug 7 (Reuters) - Skydance Media :Skydance Media extends worldwide production & distribution agreement for feature films with Paramount Pictures for four additional years.Skydance Media says new agreement also includes animated features.‍Skydance​ says Paramount will have opportunity to co-finance and distribute on a worldwide basis movies that Skydance produces.‍Skydance says it will retain option to co-produce and co-finance certain of Paramount's feature films​.  Full Article

Viacom sees Sept qtr domestic affiliate revenues to decline in low single digits
Thursday, 3 Aug 2017 06:01pm EDT 

Aug 3 (Reuters) - Viacom Inc ::Viacom Inc- operating income in filmed entertainment returned to growth for the first time since fourth quarter 2015- conf call.Viacom Inc sees volume growth and mid to high single digit CPM increases in upfronts - conf call.Viacom on payment delay from Huahua- "notwithstanding the delay in the June payment, everything's on track"- conf call.Viacom says ad loads were "unhealthfully high", cutting back ads for investment in future- conf call.Viacom sees Sept quarter domestic ad sales decline to be similar to June quarter's decline- conf call.Viacom expects domestic affiliate revenues to decline in the low single digits for the Sept quarter- conf call.  Full Article

Viacom Q3 earnings per share $1.69
Thursday, 3 Aug 2017 04:10pm EDT 

Aug 3 (Reuters) - Viacom Inc ::Q3 earnings per share $1.69.Viacom Inc - ‍revenues in third fiscal quarter increased 8%, or $257 million, to $3.36 billion​.Q3 adjusted earnings per share $1.17.Viacom Inc - media networks revenues grew 2% to $2.56 billion in quarter.Q3 earnings per share view $1.05, revenue view $3.29 billion -- Thomson Reuters I/B/E/S.Viacom Inc - domestic advertising revenues declined 2% to $955 million in quarter.Viacom Inc - adjusted operating income for media networks was substantially flat at $870 million in quarter.  Full Article

Viacom sets quarterly cash dividend of $0.20/share
Wednesday, 2 Aug 2017 02:10pm EDT 

Aug 2 (Reuters) - Viacom Inc ::Sets quarterly cash dividend of $0.20 per share.  Full Article

Viacom and Gamemine enter into a global distribution partnership
Thursday, 27 Jul 2017 01:28pm EDT 

July 27 (Reuters) - VIACOM INC ::GAMEMINE INC SAYS HAS ENTERED INTO A GLOBAL DISTRIBUTION PARTNERSHIP WITH VIACOM INC.GAMEMINE - WILL ACT AS VIACOM'S GLOBAL DISTRIBUTION PARTNER FOR A COLLECTION OF ITS NICKELODEON BRAND MOBILE GAMES.  Full Article

Viacom, Discovery vying for Scripps and deal could come soon - CNBC
Tuesday, 25 Jul 2017 10:16am EDT 

July 25 (Reuters) - :Viacom, Discovery vying for Scripps & deal could come soon; Scripps family said to want 50 pct of deal in cash - CNBC, citing sources.  Full Article

Dolby Laboratories- Collaborates with Paramount Home Media Distribution to enhance user-viewing experience
Thursday, 20 Jul 2017 08:30am EDT 

July 20 (Reuters) - Dolby Laboratories Inc :Dolby Laboratories- Co,Paramount Home Media distribution plan to master content in Dolby Vision,Dolby Atmos for online streaming services,Ultra HD blu-ray​.  Full Article

Viacom announces multi-year content partnership with Tyler Perry
Friday, 14 Jul 2017 10:07am EDT 

July 14 (Reuters) - Viacom Inc ::Viacom announces multi-year content partnership with Tyler Perry.Eexclusive agreement encompasses TV, film and short-form video​.Film agreement is effective immediately, with partnership on Perry's TV and short-form video content to go into effect in May 2019​.  Full Article

Nickelodeon, DMG Entertainment, SoftBank ISAT, and Pro Sports owner Jeff Vinik close out Super League's Series C round with $15 mln
Thursday, 29 Jun 2017 06:00am EDT 

June 29 (Reuters) - Viacom Inc :Nickelodeon, DMG Entertainment, SoftBank ISAT, and Pro Sports owner Jeff Vinik close out Super League's Series C round with $15 million.‍super League Gaming says received $15 million in Series C funding from Nickelodeon, DMG Entertainment, Toba Capital, Cali Group​, among others.  Full Article

BRIEF-Viacom ‍announces 2 new additions to its Distribution and Business Development group​
Thursday, 15 Jun 2017 10:00am EDT 

Corrects second and third bullet to clarify that Samantha Cooper and Deena Demasi have been promoted to EVPs and are not new hires; Adds fourth bullet with names of new hires:Announced four internal appointments and two new additions to its Distribution and Business Development Group.Promoted Samantha Cooper as executive vice president of Distribution Partnerships​.Promoted Deena Demasi as executive vice president of Distribution Marketing.Josh Clark has been hired as SVP of Distribution Partnerships and Richelle Clements has been hired as SVP, Deal Finance.  Full Article

Photo

Tom Cruise breaks ankle in stunt, halts production on 'Mission' film

LOS ANGELES Tom Cruise broke his ankle while performing a stunt on the set of the upcoming "Mission: Impossible 6," causing production on the film to go on hiatus while the actor recovers, Paramount Pictures said in a statement on Wednesday. | Video