What: Shares of Viacom jumped nearly 13% late Thursday after the media company announced it had agreed to a multiyear contract renewal with DISH Network. "We are extremely disappointed that DISH has ...
After saying repeatedly that he had no intention of selling any more shares of CBS Corporation or Viacom, Sumner Redstone is doing just that. He stunned the stock market by announcing Wednesday ...
While spun-off CBS Corporation has continued to pay cash dividends to its shareholders, Viacom called a halt in early 2009. Now the company is resuming dividend payments – and has also announced a ...
Viacom operates largely in an industry -- cable television -- that's undergoing massive changes. That makes the company vulnerable because even though it owns some impressive brands -- MTV, Comedy ...
Viacom Inc. (VIA, VIAB) said Tuesday its new executive leadership will position the entertainment giant to be a fierce competitor and regain the confidence of Wall Street. Amid a lackluster stock ...
Weak fourth-quarter results at ViacomCBS -- with 3% lower revenues -- sent investors running away in early Thursday trading of the company's stock, down sharply by 16% to $29.52. ViacomCBS posted its ...
Viacom and CBS stocks rose on Friday after reports that the two companies might re-merge. Viacom’s stock closed up 9.6% to $33.75; CBS was 1.8% higher to $58.83. The move was being pushed by Shari ...
Viacom Inc., signaling that investors are shunning its plan to split off Blockbuster Inc., said it might have to write down the value of the video rental chain’s assets. Viacom in June announced an ...
NEW YORK (AP) – Tom Freston, one of the founders of MTV, is being forced out as CEO of Viacom Inc. just eight months after the media conglomerate split up from CBS Corp. Viacom’s chairman and ...
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