There's no need to cry, Dora.
Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media giant Viacom Inc. said it will slash about 850 jobs — 7 percent of its work force — and freeze some senior-level salaries.
Media conglomerate Viacom Inc. said Monday its third-quarter profits fell 37 percent from a year ago as film studio Paramount Pictures' theatrical revenue fell more than a third and advertising revenue also declined, worsened by lackluster ratings at MTV.
A tight credit market prompted Viacom Inc.'s movie-making subsidiary, Paramount Pictures, to drop a deal for $450 million in financing from Deutsche Bank, the companies said Tuesday.
You ever watch that A&E; show, “Intervention”? It’s cool if you don’t. It’s fairly unpleasant, even by reality show standards, and every episode is pretty much the same. Angry and concerned family and friends confront an addict, who in turn blames the family and friends for his or her inability to rehab and/or score.
Paramount Pictures said Wednesday it will combine its marketing, distribution and production functions with indie label Paramount Vantage.
A new pay TV channel that Paramount, MGM and Lionsgate are setting up is hiring ex-Showtime executive Mark Greenberg as its new chief executive.
U.S. media mogul Sumner Redstone said Tuesday that attitudes toward protecting entertainment copyrights internationally are improving as authorities see the benefits of safeguarding the growing value of domestic products.
Strong sales of the video game "Rock Band" helped lift first-quarter earnings 33 percent at the entertainment company Viacom Inc., a major cable network operator which owns MTV and Nickelodeon.
Viacom Inc. and five Hollywood studios are joining forces to create a television channel and video-on-demand service, the companies announced Sunday.
Viacom Inc., a media conglomerate that owns MTV, Comedy Central and Paramount Pictures, reported an 80 percent jump in third-quarter earnings Friday on a strong showing from its summer movie "Transformers" and the sale of a music publishing business.
Google Inc. on Monday filed a response to Viacom Inc.'s copyright infringement lawsuit over Google's massively popular video-sharing sharing site YouTube, arguing that the site's activities are legal.
Activist groups sued Viacom Inc. on Thursday, claiming the parent of Comedy Central improperly asked the video-sharing site YouTube to remove a parody of the cable network's "The Colbert Report."
Media conglomerate Viacom Inc. is suing YouTube for $1 billion, claiming that the video-sharing site had built a business by using the Internet to "willfully infringe copyrights on a huge scale."
Media company Viacom Inc., which owns the cable networks MTV, VH1, Nickelodeon and the Paramount Pictures movie studio, asked YouTube on Friday to remove more than 100,000 unauthorized clips from its hugely popular video-sharing site.