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Viacom Inc (VIAB.O)

VIAB.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Viacom promotes Christa D'Alimonte to executive vice president, general counsel and secretary
Friday, 10 Mar 2017 09:30am EST 

Viacom Inc : Viacom promotes Christa D'Alimonte to executive vice president, general counsel and secretary . Viacom Inc - Promotes Keyes Hill-Edgar to executive vice president, global business affairs and general counsel of Viacom Media Networks .Viacom Inc- D'Alimonte will succeed Michael Fricklas, who, as previously announced, will be leaving company.  Full Article

Viacom announces $1.3 billion subordinated debt offering
Thursday, 23 Feb 2017 06:45pm EST 

Viacom Inc : Viacom announces $1.3 billion subordinated debt offering . Says intends to use net proceeds from offering primarily for repayment of outstanding indebtedness .Agreed to sell $650 million in aggregate principal amount of 5.875 pct fixed-to-floating rate junior subordinated debentures due 2057.  Full Article

Brad Grey to step down as Chairman, CEO of Paramount Pictures
Wednesday, 22 Feb 2017 03:38pm EST 

Viacom Inc : Viacom announces leadership transition at Paramount Pictures . Brad Grey to step down as Chairman and CEO of Paramount Pictures . Says Grey will remain at Paramount for a period to support transition .Says company is commencing a comprehensive search to identify a successor for Brad Grey.  Full Article

Viacom Inc posts Q1 adjusted earnings $1.04/shr
Thursday, 9 Feb 2017 07:00am EST 

Viacom Inc : Viacom Inc - company presents new strategic plan, including focus on six priority flagship brands . Viacom Inc qtrly media networks revenues increased 1 pct to $2.59 billion. . Viacom Inc - revenues in first fiscal quarter were $3.32 billion, an increase of 5 pct, or $170 million, compared to previous year . Viacom Inc qtrly advertising revenues declined 2 pct to $1.29 billion . Viacom inc - 3 pct decrease in domestic advertising revenues in quarter . Viacom Inc - Viacom will be focused on six flagship brands- Bet, Comedy Central, MTV, Nickelodeon, Nick Jr. and Paramount . Viacom - Paramount's film slate to now include co-branded releases from each of flagships, with Paramount branded films focused on franchises, tentpoles . Viacom Inc - announcing a commitment between Nickelodeon and Paramount to move forward on a slate of four films . Viacom Inc qtrly EPS $1.00; qtrly adjusted EPS $1.04 . Q1 earnings per share view $0.84, revenue view $3.18 billion -- Thomson Reuters I/B/E/S . Viacom Inc qtrly filmed entertainment revenues grew 24 pct to $758 million . Viacom Inc - spike will be rebranded in early 2018 as Paramount Network, and will serve as Viacom's premier general entertainment brand .Viacom Inc - plans to invest in new content experiences, and will establish short-form content unit.  Full Article

Viacom declares quarterly cash dividend
Monday, 6 Feb 2017 06:35pm EST 

Viacom Inc :Board of directors has declared a quarterly cash dividend of $0.20 per share on both its Class A and Class B common stock.  Full Article

S&P says Viacom financial risk profile assessment revised to significant 'BBB-' rating
Monday, 23 Jan 2017 04:55pm EST 

:S&P says Viacom Inc financial risk profile assessment revised to significant; 'BBB-' rating and negative outlook unchanged.  Full Article

Paramount Pictures, Shanghai Film Group, Huahua Media sign strategic agreement
Thursday, 19 Jan 2017 03:50pm EST 

Paramount Pictures: Paramount pictures, Shanghai Film Group & Huahua Media sign strategic agreement .Shanghai Film Group,Huahua Media will also co-finance Paramount’s full slate of films over next 3 years as part of the agreement.  Full Article

Redbox, Paramount announce new distribution agreement
Wednesday, 18 Jan 2017 08:06pm EST 

Redbox: Redbox, Paramount announce new distribution agreement .Redbox - new distribution agreement for 2017 with Paramount Home Media Distribution.  Full Article

Redbox, Paramount announce new distribution agreement
Wednesday, 18 Jan 2017 03:48pm EST 

Redbox: Redbox, Paramount announce new distribution agreement .Redbox - new distribution agreement for 2017 with Paramount Home Media Distribution.  Full Article

Viacom appoints David Lynn as CEO of Viacom International Media Networks
Wednesday, 11 Jan 2017 07:30am EST 

Viacom Inc : Viacom appoints David Lynn as CEO of Viacom International Media Networks . Viacom Inc says Lynn is currently president of VIMN's operations in UK, Northern and Eastern Europe .Viacom Inc says Lynn will report to Bob Bakish, whom he replaces as CEO of VIMN.  Full Article

More From Around the Web

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Viacom's shares could jump 40 percent: Barron's

Shares of Viacom Inc could rise 40 percent in the next year as the New York-based media company's new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron's.