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Viacom Inc.
Philippe Dauman is the CEO of Viacom Inc.. Viacom (NYSE: VIA) is one of the largest media conglomerates in the world. The company has major holdings in cable television, movie production, retailing and publishing.
Viacom is a major player in cable television programming, owning MTV, Comedy Central and VH1 among other cable networks. In movie production and distribution, Viacom owns Paramount Pictures and the Blockbuster Video chain of video rental stores.
National Amusements, a movie theater company, owns a controlling interest in Viacom. Chairman Sumner Redstone and his family maintain 71% voting control of the company through National Amusements' holdings of Viacom class A stock. National Amusements was founded by Sumner Redstone's father, Michael Redstone.
Viacom was originally the television syndication division of CBS, called CBS Films. In 1971 the division was renamed 'Viacom' -- an acronym of "video & audio communications." Viacom was spun off as an independent company in 1973.
In 1985 Viacom bought Warner-Amex Satellite Entertainment, the owner of MTV and Nickelodeon, renaming the company MTV Networks. Showtime Networks, Inc. (which included Showtime and The Movie Channel) was also acquired at that time. In 1986, Viacom was bought by National Amusements, a movie theater company controlled by Sumner Redstone. Redstone proceeded to make major acquisitions including the purchase of Paramount Pictures in 1993 and Blockbuster Video in 1994.
In 2000, Viacom bought its original parent company, CBS. The acquisition gave Viacom the CBS television network, a number of broadcast television stations, cable channels TNN and Country Music Television (CMT) and the King World television company. The buying continued in 2001 as Viacom acquired Black Entertainment Television (BET).
At the end of 2005, Viacom split into two independent companies: New Viacom and CBS Corporation. CBS now owns the radio and television broadcasting properties of the old Viacom. Sumner Redstone remains the chairman and majority shareholder of both companies.
Viacom had total revenue of $17.5 billion in 2004. Contact Information
| Web Site: | www.viacom.com | | Telephone: | 212.258.6000 | | Fax: | 212.285.6100 | | Address: | 1515 Broadway New York NY 10036 USA |
National Media Properties
Other Viacom Inc. Properties
Famous Music
Famous Players Theater
Paramound Home Entertainment
Paramount Parks
Paramount Pictures
Comments about Viacom Inc.Comments to date: 17. The most recent comments are below.| |
Jeff Anderson, Indiana (USA) | Posted at 3:46pm on Tuesday, January 26th, 2010 | We will boycott the Superbowl this year. We will also be writing to all of the sponsors. Television is for families. We do not want our children brainwashed by religious nuts like "Focus on the Family". Wake up America. Google "which minority owns U.S. media".
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Media Owners editors Boulder, Colorado USA | Posted at 11:44pm on Tuesday, November 3rd, 2009 | On November 3, 2009, Viacom Inc. reported a 14% increase in operating income and a 24% rise in adjusted net earnings for the third quarter ended September 30, 2009, with growth in Filmed Entertainment and Media Networks.
The company released this statement:
During the third quarter 2009, Viacom revenues decreased 3% to $3.32 billion, primarily reflecting lower home entertainment and advertising sales, which more than offset increases in affiliate sales and theatrical revenues. The gain in operating income in the quarter was driven primarily by an $88 million increase in the Filmed Entertainment segment. Adjusted net earnings from continuing operations attributable to Viacom were $421 million, up 24% over the third quarter 2008 results, with adjusted diluted earnings per share (EPS) of $0.69, a 25% increase over the prior year's results.
Sumner M. Redstone, Executive Chairman of Viacom, said, "As we enter a period of economic recovery, Viacom is already beginning to reap the benefits of a highly focused and well executed strategy. With our strong brands and growing global footprint, we are well positioned to capitalize on future opportunities."
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INNERBEING L.A. | Posted at 10:40pm on Thursday, August 13th, 2009 | Funny they didn't mention the main owner of VIACOM
Sumner Redstone, can someone say this site is a front to cover the large amount of JEWISH media ownership in this country.
Pretty obvious if you ask me
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Media Owners editors Boulder, Colorado USA | Posted at 11:19pm on Tuesday, July 28th, 2009 | On July 28, 2009, Viacom Inc. (NYSE:VIA) reported financial results for the second quarter ended June 30, 2009.
Revenues for the second quarter of 2009 totaled $3.30 billion, a 14% decline from $3.86 billion in the second quarter of 2008. This decrease reflects lower revenues in both the Media Networks and Filmed Entertainment segments as weak economic conditions continued to impact certain business sectors. Operating income declined 26% to $586 million primarily as a result of lower year-over-year revenues, which more than offset a $352 million net reduction in expenses in the quarter. Excluding the impact of Media Networks and Filmed Entertainment severance charges, adjusted operating income decreased 22% to $619 million.
Reported net earnings attributable to Viacom declined 32% versus a year ago to $277 million, or 27% on an adjusted basis. Excluding $0.03 in severance charges, adjusted diluted earnings per share (EPS) were $0.49, a 23% decline versus the second quarter of 2008.
Sumner M. Redstone, Executive Chairman of Viacom, said, "As the leading pure-play content company, Viacom has the right portfolio of assets and the right vision to manage through this challenging climate while we continue to position ourselves for future growth."
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Char Cleveland | Posted at 10:55pm on Friday, January 16th, 2009 | For all you Bush Haters Maybe you need to learn the Truth about how things work. It takes 6years to see what the last President has done. Bill Clinton is the start of why we are in the mess we are in,look in the U.S. Arcrives if you don't belive me. He was happy about NAFTA he said in 1998 we will be in a better place in the Economy 10 years from now. Well the joke is on him.
Bush has had the worst things happen to him during his presidenciey. At least we were not attacked for the Second time. The war well some things we don't know about the government only tells us what they want
us to know. So before you say anything about Bush read the Arcrives. Blame is some on him yes but not all. Dem's are all about raising taxes and making laws and big lawsuits. They take more rights away everday. So when you have no rights left thank a Democrate. If you think they will keep our country safe ask the Service men and women who they would rather have a Democrate who lowerd their Hazard pay from $600 a month Extra to $200 i guess they feel their lives are only worth $200.
The news never reports any of that stuff they just report what they want to. Maybe if they told the truth about things people
would not be divided. Now we will see what the Obama is about I hope he does not have to go through all that Bush Did. What would you done, people got mad and said he was to slow to react well that is what his cabinet members are for, He was bashed for not acting fast enough on 9-11 When he did now he is a bad person well you can't have your cake and eat it too. I ask What would you have done. The media plays on people who don't read the Arcives and don't research things that are said, Well that is why we have the mess we have.
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S Jerome Norfolk USA | Posted at 6:47pm on Sunday, January 11th, 2009 | I was just watching "The Empire Strikes Back" when a commercial advertising an upcoming show with a "sexpert" who was exhibiting a sex toy was broadcasted.
You have the audacity to show this commerical while broadcasting "The Empire Strikes Back." A show in which you know will be watched by many families and children. This is simply shameful.
This is a bridge too far and I would request that you you remove this immediately.
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Arthur J. Goodman Beachwood, Ohio U.S. | Posted at 7:43am on Monday, June 30th, 2008 | Why has the mainstream news media been so
darned soft on George W.Bush these past 8
years?
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Me Connecticut | Posted at 1:26pm on Tuesday, May 27th, 2008 | Hey Sumner Redstone you New World Order NAZI!! LEAVE YOU TUBE ALONE!!! You can't stop the REVOLUTION!!
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Raoul Morgan houston, Texas | Posted at 3:06pm on Tuesday, May 13th, 2008 | Please help us Sumner Redstone. We beleive in you!!! I just don't want to fail my children, please help us save our home, we our 12,500 dollars behind on our mortgage on Tuesday June 3, 2008 chase home finance mortgage will auction off our home, and we will be homeless we have no family or friends that's in any position to help us so we our asking our team the Houston Texans please help a family keep our home and our dreams, The American Dream and that's just to have a home for your children. We have five children ranging from the ages of 8yrs old Rya Morgan, 6, yrs old Raoul London Morgan, 4yrs old Ryan Morgan, 3yrs old Keevonne Morgan, 7 month yr old Ramiah Bey-Morgan. Please I just don't want to let my family down help us to maitain our home, My wife an I Fatimah have been out of work, for the last few months I just got hired as a courier for Ridgeway fulltime also my wife will be running her on daycare service so we each have jobs now but we will need more time to come up with this money so we need
help whatever you feel in your heart to donate please call us 281.528.8516 or 713.854.6120. Please help us keep a dream, if GOD says the same and you generous guys help us keep this home you will also be helping us hold on to our 50k equity that we have in our home. Please help us, please search your hearts and help us. I am not ashame to beg or ask for help for I have no pride in my heart just LOVE! Our address is 25718 Alp Springs ln, spring, Texas. Please help us as soon as you can because the clock is clicking for us!!
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joop | Posted at 9:56pm on Friday, February 29th, 2008 | all CBS STATIONS ARE A F--KING MESS> KYW TV in PHILLY (BEVERLY WILLIAMS< ALYCIA LANE< THEY HATE MINORTITIES THERE)
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