Viacom CEO asks Court to Order Medical Exam of Sumner Redstone
Viacom chief executive Philippe Dauman and board member George Abrams asked a Massachusetts court on Thursday to require an immediate medical exam of controlling shareholder Sumner Redstone. In a...
View ArticleGoogle and Viacom Win Landmark Web Privacy Lawsuit Filed by Parents
Google goog and Viacom viab have a right to track the online activity of children who visit their websites, federal judges ruled Monday. The 3rd U.S. Circuit Court of Appeals in Philadelphia voted...
View ArticleHere’s Why the ‘Independence Day’ Sequel Isn’t a Total Flop
Getting lapped by a bunch of week-old fish and failing to beat its predecessor’s opening weekend numbers certainly seemed like enough to earn Independence Day: Resurgence the dreaded “flop” label after...
View ArticleJessica Williams Is Leaving ‘The Daily Show’
Jessica Williams, one of The Daily Show‘s best-known correspondents, is leaving the late-night comedy show. But, she’s not going far, as she’ll stay with Viacom’s Comedy Central to headline a new...
View ArticleThis Top Viacom Investor Says CEO Philippe Dauman’s Exit Is Inevitable
Mario Gabelli, Viacom’s second-largest holder of voting shares behind majority owner Sumner Redstone, believes that Chief Executive Philippe Dauman can do nothing to save his job because he cannot win...
View ArticleJudge Rejects New Trial for Sumner Redstone’s Ex
An ex-girlfriend of media mogul Sumner Redstone will not be granted a new trial over her lawsuit that challenged the 93-year-old’s mental competence, a California judge said in a tentative ruling on...
View ArticleLance Bass Is Hosting a Gay Version of ‘The Bachelor’
If “The Bachelor” won’t give the gay community a chance to be emotionally tortured on reality television, Logo TV will. The Viacom-owned viab network announced on Tuesday that this fall it will be...
View ArticleHere’s Why Hasbro Just Bought An Animation Studio
Hasbro has been drawn into animation. On Wednesday, Hasbro has announced it had acquired a 16-year-old Irish animation studio called Boulder Media. The deal, which will give the toy maker its first...
View ArticleViacom Execs Reserve Their Right to Quit and Protect Their Pay
Viacom Inc Chief Executive Philippe Dauman and Chief Operating Officer Thomas Dooley have reserved their legal right to resign “with good reason” in a move to protect tens of millions of dollars in...
View ArticleWatch What the Late Night Comics Made of Hillary Clinton’s Speech
Last night, Hillary Clinton officially became the first woman to accept a major party’s nomination to run for president. After her speech closed the final night of the Democratic National Convention,...
View ArticleSumner Redstone Just Lost a Big Fight in His Battle With Viacom’s CEO
A Massachusetts judge on Thursday rejected Sumner Redstone’s bid to quickly end a case that will likely determine the future of the media mogul’s holdings and set an October trial date, marking a...
View ArticleJuly Jobs, Rio Olympics, Tesla Earnings—5 Things to Know for the Week Ahead
Hello friends and Fortune readers. This week brings the beginning of a new month and a wide range of important economic data, led by Friday’s July employment report. Meanwhile, corporate earnings...
View ArticleViacom’s Movie Business Gave a Boost to Its Quarterly Results
Viacom viab , the owner of MTV, Comedy Central, and Nickelodeon, reported a surprise rise in quarterly revenue as higher license fees and theatrical revenue in its movie unit helped to make up for a...
View ArticleViacom CEO Philippe Dauman Has Resumed Settlement Talks with Sumner Redstone
Settlement talks between Viacom viab Chief Executive Philippe Dauman and controlling shareholder Sumner Redstone have resumed after weeks of stops and starts, a source familiar with the situation told...
View ArticleRedstone Family Said to be Nearing Deal To Oust Viacom’s CEO
One of the media world’s most closely-watched soap operas could soon be coming to an end. Viacom’s controlling shareholder, Sumner Redstone, is close to reaching a settlement that would see chairman...
View ArticleViacom Board Expected to Meet Tonight to Discuss Settlement with Redstone
Viacom ‘s board of directors is expected to meet on Thursday night to discuss a settlement with controlling shareholder Sumner Redstone that would result in the departure of Chief Executive Philippe...
View ArticleViacom CEO Is Out in Reported Settlement
Viacom and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with...
View ArticleDauman Set to Leave Viacom With $72 Million Pay-Off
Viacom viab and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of chief executive Philippe Dauman, two sources familiar...
View ArticleWhy ‘Ben-Hur’ Could Be One of the Summer’s Big Box Office Bombs
This weekend could see the release of one of the summer’s biggest box office bombs: Ben-Hur. Viacom’s Paramount Pictures and MGM certainly are bracing for what could be a massively disappointing...
View ArticleViacom May Find That Getting Rid of its CEO Was the Easy Part
Viacom’s controlling shareholder, 93-year-old billionaire Sumner Redstone, has reportedly arrived at a settlement agreement that would see the company’s chairman and CEO, Philippe Dauman, leave the...
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