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.
Late paychecks are always a drag, but they're especially inconvenient during the holidays. A delayed payment of a week may mess up one's checkbook, but try not getting paid for three months. That's the position MTV's Street Team found itself in this year.
The downturn in the media industry got even deeper Thursday, as more than 1,000 people who work at Viacom and NBC Universal lost their jobs.
The long-feared Viacom pre-post holiday layoffs are here, and they're not pretty. We heard earlier that as many as 300 layoffs might be coming at MTV today, but the total, Viacom-wide numbers are even worse: 850 people are being cut, about 7% of the company's global staff.
Internet virtual machine, Linux or neither side of Internet viacom.
There are a lot of myths that become part of our cultural beliefs but this is one that is especially damaging to the fundamental basis of Democracy.
"I know a few people at Viacom and I tuned in to see the MTV music awards tonight. I was disgusted and appalled when the British host Russell Brand started begging America to vote for Barack Obama. Like his opinion matters. He's not even a citizen.
The Senate voted in overwhelming numbers to reject an FCC ruling that would unleash a new wave of media consolidation across America. More than a quarter-million people took action and sent a powerful message to Washington: Big Media is big enough.
Google and Viacom have reached a deal to protect the privacy of millions of YouTube watchers.
Earlier this month Louis L. Stanton, the senior judge on the United States District Court for the Southern District of New York, ordered Google to hand over YouTube user log data to Viacom to help Viacom determine damages in their ongoing billion dollar litigation with Google.
A federal judge last week ordered Google to hand over a roster of user data on videos viewed on YouTube, in an effort to help Viacom shore up its lawsuit against the search-engine giant.
Reading Wired this morning (and a bunch of other blogs), I learned that a judge ordered Google/YouTube to turn over ALL records of who watched what on YouTube. To Viacom of all organizations, as part of their lawsuit against Google for hosting copyrighted content.
A big audience doesn't automatically mean big profits.
General Electric is a true behemoth: the conglomerate is the world's third largest company with market capitalization of nearly $370 billion and annual revenue of $173 billion (2007).
In what seems to me to be a disturbing and inexplicable decision, the Southern Court of New York has ruled for Viacom and against Google in a suit that will require Google to make available information on the videos you watch at YouTube.
In case you missed it over the holiday, here's the latest Big Brother moment. For all those who trust Viacom / Google to "safeguard" user identities, I have a FISA bill to tell you about.
Ruling may set a precedent for music fans
In case you've been in a pre-holiday daze this week, the blogosphere has been atwitter (not to mention a-twittering) with the news that the Hon. Louis L.
On Wednesday night, a federal judge ruled that Google must turn over YouTube user activity--videos watched, IP addresses, usernames--to legal foe Viacom as part of a long-running copyright infringement case.
In a ruling that could have serious privacy implications, a federal judge has ruled that popular Internet video site YouTube must hand over details about what people watch online.
The recent court order directing Google to hand over data to Viacom about every YouTube video ever watched strikes many people as an absurd overreach of the law into the privacy of anyone who has ever used YouTube (i.e., almost everyone on the Internet).
The personal details of millions of YouTube users could soon be disclosed to US media giant Viacom following a US court ruling in New York.
SAN FRANCISCO A federal judge in New York has ordered Google to turn over to Viacom a database linking users of YouTube, the Webs largest video site by far, with every clip they have watched there.
Way back when (2005), Comedy Central's Jon Stewart gave fans a (pale) green light to share show content after it ran on the traditional tube: Wired: The Daily Show really exemplifies that sort of new model. It's on a cable network, not broadcast.
Should Viacom be privy to the fact that you've watched "Cat Playing Piano" 57 times on YouTube since March?