Viacom chief bullish on struggling studio
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Viacom Inc. chairman Sumner  Redstone says his company's struggling Paramount Pictures unit  is in the midst of a "major turnaround" and will "rise again"  this year to become again one of Hollywood's leading studios.
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CBS News will face difficulty expanding its audience until questions are resolved about a now-retracted Sept. 8 report challenging President Bush's military service, Viacom Inc. Co-President Les Moonves told investors on Wednesday.
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Jeremy Paxman wonders if Newsnight will survive budget cuts and criticises TV executives over recent scandals.
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In Hollywood, media executives are eagerly preparing for a new era as they hope to position more content where consumers want it: in their hands.
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NEW YORK -- Given that its chairman owns a large stake of a video-game company, media giant Viacom Inc. has appointed a three-person committee to evaluate dealings in the video-game arena and protect against potential conflicts of interest.
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Ousted Viacom Inc. CEO Tom  Freston's final departure from his office brought about 2,500  chanting and weeping employees to the company's lobby Thursday.
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The maker of the popular Slingbox device has hired two executives from MTV's digital business to head a new interactive programming division, although it's not quite clear yet what exactly they would be doing.
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Viacom Inc's MTV and award-winning  television and film producer Jerry Bruckheimer will launch a  video game development studio, marrying Hollywood and  technology in what has been historically an uneasy alliance.
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Media conglomerate Viacom Inc. (VIAb.N) is considering expanding into the video game business and could acquire publisher Midway Games Inc. (MWY.N), according to a regulatory filing on Friday by Viacom chief Sumner Redstone, who owns a controlling stake in Midway.
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The Viacom chairman, Sumner Redstone, is committed to his familyÂs holding of Midway Games, the ailing videogame game maker.
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The Fox network has put a positive spin on the six-week-old writersâ strike, crowing that the labor dispute would lead to changes to the development process and cost savings. Fox entertainment president Kevin Reilly said in October: âIt would give us an excuse to shake things up.â Foxâs parent News Corp. chief operating officer Peter Chernin [...].
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Viacom Inc. on Thursday named Joel Hollander as chairman and chief executive officer of its Infinity radio unit in a shake-up of top management that comes as it tries to boost business amid an industry-wide slump.
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Will Viacom buy out Sumner Redstone's stake in Midway?
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MTV Networks owner Viacom  Inc. has held exploratory discussions to develop theme parks in  two regions in China that could also include movie  co-production ventures.
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Viacom Inc. VIAb.N on Tuesday said   Chief Executive and President Tom Freston resigned and will be   replaced by Philippe Dauman, a longtime associate of the   company's chairman Sumner Redstone.
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Six months after publicly rebuking actor Tom Cruise for his off-screen behavior during a bitter split between the star and Paramount Pictures, Viacom Inc. Chairman Sumner Redstone wants to make nice again.
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The chief executive of Online Resources yesterday sought to soothe investors after the Chantilly company's stock price tumbled.