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Redstone's ex-companion seeks mental evaluation of media mogul, says she is not interested in Redstone's fortune and has already received tens of millions of...
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Redstone's ex-companion seeks mental evaluation of media mogul, says she is not interested in Redstone's fortune and has already received tens of millions of...
Boardroom drama is intensifying at Viacom amid questions about the health of executive chairman Sumner Redstone, as Wall Street ponders what the struggling media...
$400 million alone out of the $785 million comes from what Viacom called “strategic acquisitions.”
“We are rapidly adapting our processes and business as well as human, financial and technological resources to increase focus on new high potential areas."
Dauman announced "substantial savings" which means cutbacks
The 91 year old Redstone currently owns 80% of National Amusements Inc., which controls both CBS and Viacom.
Viacom’s stock closed down 4.4% on Friday following a disappointing quarter in which the company missed Q1 revenue estimates as it faces concerns about...
Viacom is the latest cable company to cut the cord (at least partially), or in industry lingo, to go “over the top” and offer...
– Two huge deals are expected to come out Comcast’s $45-billion acquisition of Time Warner Cable, and AT&T’s $48.5 billion takeover of DirecTV. –...