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Viacom Inc (VIA.OQ)

VIA.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Nickelodeon And Hasbro Announce Strategic Partnership For Top Wing
Friday, 16 Feb 2018 12:25pm EST 

Feb 16 (Reuters) - Hasbro Inc ::NICKELODEON AND HASBRO ANNOUNCE STRATEGIC PARTNERSHIP FOR NICK’S NEWEST ANIMATED PRESCHOOL SERIES, TOP WING.HASBRO INC - ‍HASBRO TO CREATE TOP WING PLAYSKOOL PRODUCT LINE FEATURING FIGURES, VEHICLES AND PLUSH SCHEDULED TO DEBUT FALL 2018​.HASBRO INC - ‍ PRODUCT LINE WILL LAUNCH IN U.S. THIS FALL, FOLLOWED BY INTERNATIONAL MARKETS IN SPRING 2019​.  Full Article

Viacom Projects Return To Growth In Adjusted Operating Income
Thursday, 8 Feb 2018 08:03am EST 

Feb 8 (Reuters) - Viacom Inc ::VIACOM PROJECTS RETURN TO GROWTH IN ADJUSTED OPERATING INCOME, ADJUSTED DILUTED EPS IN SECOND HALF OF FY 2018 - COMPANY‍​.VIACOM SAYS DOMESTIC AFFILIATE REVENUES ON TARGET IN Q1 WITH IMPROVED GUIDANCE FOR FY 2018.VIACOM SAYS CONTINUED PROGRESS ON STRATEGIC INITIATIVES TO DRIVE REVENUE GROWTH IN H2 FY 2018.VIACOM - DOMESTIC AD SALES DOWN DUE TO LINEAR, PARTIALLY OFFSET BY "ROBUST" DIGITAL GROWTH; SEES SEQUENTIAL IMPROVEMENT WITH RETURN TO GROWTH IN Q4.  Full Article

Viacom Reports Q1 Adjusted Earnings Per Share $1.03
Thursday, 8 Feb 2018 07:00am EST 

Feb 8 (Reuters) - Viacom Inc ::VIACOM REPORTS FIRST QUARTER RESULTS.REVENUES IN FIRST FISCAL QUARTER DECREASED 8%, OR $251 MILLION, TO $3.07 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $1.03.Q1 EARNINGS PER SHARE $1.33.QTRLY ‍ DOMESTIC ADVERTISING REVENUES DECREASED 5% TO $937 MILLION​.MEDIA NETWORKS REVENUES DECREASED 1% TO $2.56 BILLION IN QUARTER.COMPANY ACCELERATES TRANSFORMATION, WITH FURTHER PROGRESS AGAINST KEY STRATEGIC INITIATIVES.FILMED ENTERTAINMENT REVENUES DECREASED 28% TO $544 MILLION IN QUARTER.Q1 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $3.14 BILLION -- THOMSON REUTERS I/B/E/S.VIACOM - AT DECEMBER 31, TOTAL DEBT OUTSTANDING WAS $10.19 BILLION, COMPARED WITH $11.12 BILLION AT SEPTEMBER 30.VIACOM - ON TRACK TO ACHIEVE $100 MILLION IN NEW COST SAVINGS IN CURRENT FISCAL YEAR, AND "HUNDREDS OF MILLIONS MORE" IN 2019.  Full Article

Viacom Strikes Mobile Streaming Deal With Telefónica Across Latin America
Monday, 5 Feb 2018 10:00am EST 

Feb 5 (Reuters) - Viacom Inc ::VIACOM STRIKES WIDE-RANGING MOBILE STREAMING DEAL WITH TELEFÓNICA ACROSS LATIN AMERICA.VIACOM STRIKES WIDE-RANGING MOBILE STREAMING DEAL WITH TELEFÓNICA ACROSS LATIN AMERICA.VIACOM - MOVISTAR PLAY WILL CARRY LIVE FEEDS OF MTV, NICKELODEON, COMEDY CENTRAL, PARAMOUNT CHANNEL TV CHANNELS IN LATAM BEGINNING FIRST SEMESTER 2018.  Full Article

Viacom Forms Special Committee To Evaluate Potential Combination With CBS
Thursday, 1 Feb 2018 05:03pm EST 

Feb 1 (Reuters) - Viacom Inc ::VIACOM INC. BOARD FORMS SPECIAL COMMITTEE TO EVALUATE POTENTIAL COMBINATION WITH CBS CORPORATION.VIACOM INC - COMMITTEE HAS RETAINED INDEPENDENT LEGAL COUNSEL AND IS RETAINING INDEPENDENT FINANCIAL ADVISORS IN CONNECTION WITH THIS EVALUATION.VIACOM INC - BOARD OF DIRECTORS HAS ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE A POTENTIAL COMBINATION WITH CBS CORPORATION.  Full Article

CBS Forms Special Committee To Evaluate Potential Combination With Viacom
Thursday, 1 Feb 2018 04:45pm EST 

Feb 1 (Reuters) - CBS Corp ::CBS CORPORATION FORMS SPECIAL COMMITTEE TO EVALUATE POTENTIAL COMBINATION WITH VIACOM.CBS CORP - BOARD OF DIRECTORS HAS ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE A POTENTIAL COMBINATION WITH VIACOM INC.  Full Article

Viacom Promotes Fukiko Ogisu To Chief People Officer
Monday, 8 Jan 2018 12:20pm EST 

Jan 8 (Reuters) - Viacom Inc ::VIACOM PROMOTES FUKIKO OGISU TO EXECUTIVE VICE PRESIDENT AND CHIEF PEOPLE OFFICER.  Full Article

Viacom Says Has Signed A Definitive Agreement To Acquire Whosay‍​
Monday, 8 Jan 2018 09:14am EST 

Jan 8 (Reuters) - Viacom Inc ::SAYS HAS SIGNED A DEFINITIVE AGREEMENT TO ACQUIRE WHOSAY, AN INFLUENCE MARKETING COMPANY ‍​.  Full Article

Funrise Inc Named Global Master Toy Licensee For Paramount Pictures' Amusement Park
Wednesday, 3 Jan 2018 07:00am EST 

Jan 3 (Reuters) - Viacom Inc ::FUNRISE INC NAMED GLOBAL MASTER TOY LICENSEE FOR PARAMOUNT PICTURES' AMUSEMENT PARK.FUNRISE - ENTERED MULTI-YEAR PARTNERSHIP WITH PARAMOUNT PICTURES AS WORLDWIDE MASTER TOY PARTNER FOR AMUSEMENT PARK.FUNRISE - PRODUCTS WILL BEGIN GLOBAL RETAIL ROLLOUT IN EARLY 2019.  Full Article

Viacom Announces Pricing Terms Of Its $1 Bln Cash Tender Offers For Certain Outstanding Debt Securities
Wednesday, 6 Dec 2017 04:15pm EST 

Dec 6 (Reuters) - Viacom Inc ::VIACOM ANNOUNCES THE PRICING TERMS OF ITS $1.0 BILLION CASH TENDER OFFERS FOR CERTAIN OUTSTANDING DEBT SECURITIES.  Full Article

CBS profit drops 85 pct on tax charge

Feb 15 Media company CBS Corp, which is exploring a merger with Viacom Inc, on Thursday reported a 85.2 percent drop in quarterly profit, largely due to a $129 million charge related to the recent changes in the U.S. tax law.