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Tuesday, Aug. 13, 2019
CBS and Viacom announced a long-anticipated reunion Tuesday, bringing together their television networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming companies like Netflix.
Viacom CEO Bob Bakish, who will become CEO of the combined company,...
Thursday, Dec. 27, 2018
Comcast Cable Advertising, a division of Comcast Corporation (Nasdaq:CMCSA), has launched the next phase of Blockgraph, an industry initiative designed to create a secure way to use data and share information. Comcast is now working with other industry partners on this initiative, including...
Monday, Mar. 27, 2017
Viacom Inc. named Jim Gianopulos the new chairman and chief executive officer of Paramount Pictures, turning to the former Fox chief to revive the flagging movie studio.
Gianopulos will succeed Paramount's former chairman, Brad Grey, who was ousted in February. Viacom Chief Executive Bob...
Monday, Dec. 12, 2016
Media mogul Sumner Redstone's National Amusements is abandoning a proposal that CBS and Viacom reunite after a 10 year split.
The news comes as Viacom named acting CEO Bob Bakish as its permanent head.
National Amusements, which owns most of the voting shares of the two companies,...
Thursday, Sep. 29, 2016
Media mogul Sumner Redstone is pushing for a reunion between CBS and Viacom, more than a decade after they went their separate ways.
National Amusements, which owns most of the voting shares of the two companies, sent a letter to CBS and Viacom board members Thursday saying that a tie-up...
Friday, Aug. 19, 2016
The messy legal battle over Sumner Redstone's media empire appears to have come to an end.
According to an internal memo provided by Viacom on Friday, CEO Philippe Dauman will step down, making Thomas E. Dooley, currently chief operating officer, acting chief executive. The move is part...
Thursday, Jun. 16, 2016
Viacom CEO Philippe Dauman may not have much time left at the entertainment conglomerate.
National Amusements, the theater company through which Sumner Redstone controls both Viacom and CBS, said Thursday that it has replaced Dauman and four other directors on Viacom's 11-member board....
Tuesday, Jun. 7, 2016
A battery of lawyers argued in court Tuesday over whether media mogul Sumner Redstone had the mental competence to remove two trustees of entities that control Viacom Inc. and CBS Corp.
Twenty-two lawyers descended on a probate court in Canton to spar over whether the 93-year-old Redstone...
Monday, Jun. 6, 2016
In a move that further undermines Viacom CEO Philippe Dauman, the company's controlling shareholder said Monday it amended Viacom's bylaws to require unanimous board approval for any full or partial sale of movie studio Paramount Pictures.
The action further consolidates control in the...
Monday, May. 9, 2016
A judge on Friday dismissed a case challenging the mental competency of Sumner Redstone, saying testimony from the media mogul that he wanted his former girlfriend out of his life was convincing.
Los Angeles Superior Court Judge David J. Cowan said Redstone clearly stated his intentions....