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Viacom Just Bought This Broadcasting Brand for $345 Million
Viacom, the owner of Comedy Central, Nickelodeon, and MTV, said on Tuesday it had bought Argentine broadcaster Television Federal SA (Telefe) from telecom carrier Telefonica SA for $345 million in...
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Here’s Why Viacom Has Lost Almost $1 Billion in Market Value Today
As it struggles to reinvent some of its aging entertainment assets under a new CEO, about the only thing that has been keeping Viacom’s share price afloat is the prospect of an imminent merger with its...
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Sumner Redstone Is Stepping Down From Viacom’s Board
Sumner Redstone will step down from the Viacom board of directors after the company’s annual meeting in February, according to a company filing Friday. The 93-year old Redstone, who has not been at an...
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Viacom Executive Overseeing MTV, Comedy Central To Leave
Longtime Viacom executive Doug Herzog, who oversees the networks Comedy Central and MTV, is expected to leave the company next month, according to two sources familiar with the matter. Herzog, known...
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Viacom Promoted This Nickelodeon Executive to Its Top Ranks
Viacom on Thursday named Sarah Levy, the chief operating officer of its Nickelodeon network, COO of its global entertainment group, as new Chief Executive Bob Bakish seeks to turn around the ailing...
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Viacom Names New Head of International Media
Media company Viacom said on Wednesday that David Lynn would lead its international media business, Viacom International Media Networks (VIMN), replacing Chief Executive Bob Bakish. Lynn will report to...
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Oracle Snaps Up Apiary, a Little API Company with Big Customers
Oracle says it is buying Apiary, a company that specializes in managing and monitoring application programming interfaces, or APIs, which offer standard ways to connect software applications. Both...
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