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Weak Paramount slate contributes to Viacom's 18% drop in profit
Paramount Pictures turned in another disappointing performance, contributing to an 18% drop in quarterly earnings for parent company Viacom Inc., the media conglomerate reported Wednesday. The Melrose Avenue movie studio suffered from the DVD blues...
Tags: Paramount Pictures, Comedy Central (tv network), Black Entertainment Television (tv network), Entertainment, Viacom Inc.
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YouTube prevails in huge copyright suit with Viacom
In an epic clash between old and new media, Google Inc.'s video website YouTube has scored another huge victory in the long-running skirmish over copyright infringement brought by television giant Viacom Inc. A federal judge in New York on Thursday...Tags: Comedy Central (tv network), Google Inc., Computing and Information Technology Industry, Crime, Law and Justice, Social Media
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Discovery CEO's 2012 pay package approaches $50 million
Honey Boo Boo should be getting a nice box of chocolates in the mail. David Zaslav, the chief executive of cable programming giant Discovery Communications, had a 2012 compensation package worth $49.9 million, according to the company's proxy statement....
Tags: OWN (tv network), Oprah Winfrey, Animal Planet (tv network), Television Industry, Corporate Officers
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Viacom posts slide in revenue; Paramount unit's loss widens
Media company Viacom Inc. disappointed Wall Street with lower revenue in its fiscal first quarter, particularly at its Hollywood film studio, Paramount Pictures, which bombed at the box office. In past quarters, Paramount could count on being propped up...
Tags: Paramount Pictures, Television Networks, Madagascar 3: Europe's Most Wanted (movie), Flight (movie), Viacom Inc.
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'Argo' gets SAG vote. 'Hansel and Gretel' top weak box office.
After the coffee. Before the beignets and gumbo. The Skinny: About half the TV industry is in Miami for a programming convention, and the other half is in New Orleans for some football game. Either way, they are warm and dry. Monday's headlines...
Tags: Paramount Pictures, Jennifer Lawrence, Entertainment Events, Lincoln (movie, 2012), Viacom Inc.
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Viacom CEO Philippe Dauman takes pay cut
Smaller bonuses led to compensation decreases in fiscal 2012 for the top executives at Viacom Inc., who traditionally have been among the nation's most richly paid. Chief Executive Philippe Dauman took home $33.5 million in the year that ended Sept. 30,...
Tags: Sumner Redstone, Corporate Officers, Companies and Corporations, Economy, Business and Finance, Viacom Inc.
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Typical CEO made $9.6 million last year, AP study finds
NEW YORK (AP) — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive...
Tags: Jacobs Engineering Group Inc., Citigroup Incorporated, Corporate Officers, Viacom Inc., Interior Policy
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Viacom profit up 56%, boosted by higher cable fees
Company TownViacom second quarter earnings, released Thursday, were up 56%. Revenue was up 2% to $3.33 billion.... -
Worries linger about Nickelodeon's ratings slump
Company TownWall Street analysts are concerned about the drop in ratings at Viacom's Nickelodeon network. Some worry that streaming services are siphoning viewers from TV.... -
Chief executive of Disney collected $31.4M last year
Time Warner Inc. Chief Executive Jeff Bewkes is indisputably among the nation's highest-paid executives, but compared with his fellow media moguls, he is eking out a meager living. The New York media conglomerate that owns Warner Bros., HBO, TNT and Time...Tags: The Walt Disney Co., Robert A. Iger, Walt Disney, TNT (tv network), Warner Bros. Entertainment, Inc.
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DreamWorks Animations' Jeffrey Katzenberg gets pay cut in 2011
DreamWorks Animation Chief Executive Jeffrey Katzenberg took home a relatively modest pay check in 2011 -- at least compared to his peers in the entertainment industry. In addition to his usual $1 annual salary, Katzenberg, who controls 68% of the voting...
Tags: The Walt Disney Co., Robert A. Iger, David Geffen, Corporate Officers, Discovery Communications, Inc.
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Sumner Redstone attends Viacom shareholders' meeting
Company TownViacom Chairman Sumner Redstone, 88, appeared at the company's annual meeting in New York after much speculation about his health. "Reports of my absence ... have been greatly exaggerated," Sumner Redstone said....
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May 25, 2012
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Apr 3, 2012
|Story| Glendale News Press
Apr 11, 2012
|Story| Los Angeles Times
Mar 8, 2012
| Los Angeles Times
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