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MTV, Nickelodeon to get own film labels
YAHOO
AP - MTV and Nickelodeon will take on larger roles in the Paramount Motion Picture Group, expanding from on-lot producers to full film labels, Viacom Inc. announced.
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Viacom's MTV Unit Buys Atom Entertainment for Its Film, Gaming Web Sites
AHN
Viacom Inc.'s MTV Networks has bought Atom Entertainment Inc., parent of Atom Films. Atom films is a website that presents thousands of short films from new directors.
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Viacom 2Q earnings climb on cable gains
YAHOO
AP - Viacom Inc., the media conglomerate that owns MTV, VH1 and the Paramount movie studio, reported a big jump in earnings Wednesday on a tax gain, better results in movies and cable and adding the DreamWorks studio.
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Viacom 2nd-qtr profit up 27 pct on ad sales growth
YAHOO
Reuters - Media conglomerate Viacom Inc. on
Wednesday posted a 27 percent rise in second-quarter profit,
beating Wall Street estimates, on advertising sales growth at
its MTV Networks, boosting its shares nearly 4 percent.
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MTV To Buy Atom Entertainment For $200 Million
AHN
MTV Networks announces it will acquire Atom Entertainment Inc for $200 million. Viacom Inc., which owns MTV, says it expects the deal to be completed in the third quarter. Atom Entertainment is a privately held online video and game company....
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Viacom to buy Atom Entertainment
YAHOO
Reuters - Viacom Inc.'s MTV Networks on
Wednesday said it would buy Internet video and games company
Atom Entertainment Inc. for $200 million amid a rush by big
media companies to compete with upstart online video leader
YouTube.com.
Sources: YAHOO
Apartment Search 2.0
WIRED
A new mashup brings a touch of sanity to the modern hunt for urban housing. Plus: Viacom considers bidding on social-networking site Bebo. In Monkey Bites.
Sources: WIRED
Sources: AHN
Sources: AHN
Viacom, Google aim ad-backed videos at Web sites
YAHOO
Reuters - Viacom Inc.'s MTV
Networks (VIAb.N) has agreed to distribute clips from
its cable networks over Google Inc.'s advertising
network, in a test of what could become a new economic model
for Web-based video delivery, the companies said on Sunday.
Sources: YAHOO
MTV Wants Its Own Space
YAHOO
The Motley Fool - "Social networking" is certainly the buzz phrase these days, isn't it? And the undeniable icon of the whole movement is News Corp.'s (NYSE: NWS - News) MySpace. That doesn't mean that Rupert Murdoch is going to keep all the hip fun for himself -- Viacom (NYSE: VIA - News) and its MTV asset intend on exploiting the zeitgeist.
Sources: YAHOO
MTV says it will sell videos on iTunes
YAHOO
Reuters - Viacom Inc.'s MTV Networks on Thursday
said it has begun selling more of its shows at Apple Computer
Inc.'s iTunes digital media store.
Sources: YAHOO
Paramount mulls control of MTV, Nick film units
YAHOO
Reuters - Film studio Paramount Pictures and
parent Viacom Inc. are considering whether to consolidate
sister companies MTV Films and Nickelodeon Movies under
Paramount, a spokeswoman said on Tuesday.
Sources: YAHOO
MTV digital chief leaving for own venture
YAHOO
Reuters - MTV Networks Chief Digital Officer
Jason Hirschhorn has left Viacom Inc.'s youth-oriented
entertainment unit to pursue his own venture, a company
spokesman said on Wednesday.
Sources: YAHOO
Viacom Reports $ 317.2 M Q1 Profit
AHN
Shaveta Bansal - AHN Contributor
New York , NY ( AHN) Viacom reported a profit of $ 317.2 million for the first quarter as compared to $350.3 million reported last year for corresponding period.
High Interest cost was the main culprit in the lowering of the profits. For comparison...
Sources: AHN
Viacom quarterly profit drops
YAHOO
Reuters - Cable network and movie studio owner
Viacom Inc. (VIAb.N) on Thursday reported lower
first-quarter earnings due to higher interest rate expense.
Sources: YAHOO
Weak Radio Holds Back CBS Results in 1Q
YAHOO
AP - CBS Corp. reported lower net first-quarter earnings Wednesday, reflecting the company's split with Viacom Inc. at the beginning of the year. Otherwise, earnings were flat as strong results in TV and outdoor advertising were offset by continued weakness in radio.
Sources: YAHOO
MTV Networks game for Xfire acquisition
YAHOO
Reuters - Viacom Inc. is wagering
big in the digital space with its acquisition Monday of the
game-related online community site Xfire.
Sources: YAHOO
Viacom to buy Xfire, online games tech company
YAHOO
Reuters - Viacom Inc. on Monday said it will buy
Xfire, an online games technology company, for $102 million in
a bid to dominate the youth market on the Internet as it has on
television.
Sources: YAHOO
Viacom to Buy Xfire for $102M in Cash
YAHOO
AP - Viacom Inc., the entertainment conglomerate that owns MTV and VH1, on Monday said it would buy an online video gaming company called Xfire Inc. for $102 million in cash.
Sources: YAHOO
Viacom chief defends scandal-linked studio boss
YAHOO
Reuters - Viacom Inc. executive chairman
Sumner Redstone has come to the defense of Viacom's Paramount
studio chief, caught up in the Hollywood wire-tap scandal
involving celebrity sleuth Anthony Pellicano, according to a
report published on Sunday.
Sources: YAHOO
Viacom chief defends scandal-linked studio boss
YAHOO
Reuters - Viacom Inc. executive chairman
Sumner Redstone has come to the defense of Viacom's Paramount
studio chief, caught up in the Hollywood wire-tap scandal
involving celebrity sleuth Anthony Pellicano, according to a
report published on Sunday.
Sources: YAHOO
Redstone scored $24 million payday in 2005
YAHOO
Reuters - Sumner Redstone earned
almost $24.5 million last year in his capacity as chairman and
controlling shareholder of Viacom Inc. and CBS Corp., the
companies said in their proxy statements filed with the
Securities and Exchange Commission.
Sources: YAHOO
Hollywood Giant Paramount To Sell Off Dreamworks Films
AHN
Joanna Wypior - AHN Staff Reporter
Los Angeles, CA (AHN) - Paramount Pictures announces plans to sell the film library of DreamWorks LLC, which it has recently required, to a group headed by billionaire George Soros for $900 million.
The deal was announced by Paramount parent company, Viacom....
Sources: AHN
Soros Group Buys Dreamworks Library
AHN
Denise Royal - AHN Staff Writer
New York, NY (AHN) - Billionaire investor George Soros and partner Steven Mnuchin agreed to buy Viacom Inc.'s DreamWorks LLC film library for $900 million, gaining rights to movies including ``Gladiator'' and ``Saving Private Ryan.''
The portfolio includes...
Sources: AHN
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