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Viacom Inc

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  • Disney's expensive fantasy adventure essentially had Memorial Day weekend to itself, and still only pulled in a modest $41.7 million in its first four days in theaters according to Rentrak estimates on Monday. Disney put their full weight behind the Brad Bird- directed film with an ambitious George Clooney- led promotional campaign. Rentrak's Senior Media...

  • May 20- Media company Viacom Inc, still struggling to turn around advertising declines in the United States, raised its quarterly cash dividend more than 20 percent on Wednesday. Viacom, which owns MTV, Comedy Central and Nickelodeon, has for the past several quarters been hit by declining ratings and changing TV viewing habits, including the dumping of pricey...

  • UPDATE 1-Viacom raises dividend by 7 cents to 40 cents Wednesday, 20 May 2015 | 3:15 PM ET

    May 20- U.S. media company Viacom Inc raised its quarterly cash dividend by 7 cents to 40 cents per share amid investor criticism over high executive pay. Viacom, which owns MTV, Comedy Central and Nickelodeon, has been struggling for the past few quarters because of declining ratings and changing TV viewing habits, including the dumping of pricey cable...

  • Viacom lifts quarterly dividend to 40 cents from 33 cents Wednesday, 20 May 2015 | 3:14 PM ET

    NEW YORK— Media company Viacom said Wednesday it is increasing its quarterly dividend to 40 cents from 33 cents. The owner of Nickelodeon, MTV, Comedy Central and Paramount Pictures said last month that it lost $53 million in the first quarter after taking a hefty restructuring charge. Shares of Viacom Inc. rose 57 cents to $66.15 in afternoon trading Wednesday.

  • Viacom raises dividend by 21 pct to 40 cents/shr Wednesday, 20 May 2015 | 2:25 PM ET

    May 20- Viacom Inc said it raised its quarterly cash dividend by 21 percent to 40 cents per share from 33 cents. Viacom said the increase will take effect beginning with the company's next quarterly dividend, payable on July 1. The company, which owns MTV, Comedy Central and Nickelodeon, has been struggling over the past several quarters because of declining...

  • LOS ANGELES— The ladies of "Pitch Perfect 2" hit all the right notes opening weekend, amassing a $70.3 million debut, according to Rentrak estimates Sunday. The Elizabeth Banks- directed sequel to the 2012 sleeper hit and video-on-demand phenomenon cost Universal Pictures only $29 million to produce and was expected to open in the $50 million range.

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...

  • LOS ANGELES— Amid concerns about his health, media mogul Sumner Redstone said Thursday that he's not attending the annual meeting of CBS Corp. next week. He said in a statement that he had planned on attending the CBS meeting, but won't be able to travel to New York this year from his home in Los Angeles. After media reports on his succession plans and ill health,...

  • BOSTON, May 12- Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. The CEOs of 11 major media companies were given median compensation of $32.9 million for 2014, much higher than any other industry group in the Standard& Poor's 500 index, according to regulatory filings posted in the first four months...

  • 'Avengers 2' won't stop beating up competition Sunday, 10 May 2015 | 3:25 PM ET
    A scene from "Avengers: Age of Ultron"

    The Avengers sequel topped the domestic box office for the second weekend in a row with an estimated $77.2 million according to data.

  • Redstone: Viacom, CBS succession still undecided Thursday, 7 May 2015 | 6:38 PM ET
    Sumner Redstone

    Sumner Redstone addresses press reports that he decided to make his daughter chairman after he dies.

  • May 7- Sumner Redstone, the 91- year-old owner of Viacom Inc and CBS Corp, said on Thursday the decision on who will succeed him as chairman of both media companies has not been made and that he is still in charge. Redstone controls about 80 percent of the voting shares in CBS and Viacom through a holding company, National Amusements. Viacom CEO Philippe Dauman and...

  • CBS earnings, revenue top Street expectations Thursday, 7 May 2015 | 4:01 PM ET
    Pedestrians walk by the CBS headquarters building in New York.

    Analysts had expected the media company to report earnings of 75 cents a share on $3.45 billion in revenue.

  • Redstone: Succession decisions not made yet   Thursday, 7 May 2015 | 3:29 PM ET
    Redstone: Succession decisions not made yet

    Viacom and CBS Chairman Sumner Redstone is saying no decisions have yet been made on who will succeed him, reports CNBC's Julia Boorstin.

  • 'Avengers' sequel 2nd biggest US open of all time Monday, 4 May 2015 | 7:33 AM ET
    The Avengers unite against Ultron in the film “Avengers: Age of Ultron.”

    "Avengers: Age of Ultron" sequel failed to top the all-time record of the first film's $207.4 million debut in 2012.

  • Traders work on the floor of the New York Stock Exchange (NYSE).

    U.S. stocks closed down more than 1 percent on the last day of trade for April as investors weighed mixed data and continued weakness in the dollar.

  • April 30- Viacom Inc reported better-than-expected quarterly profit on Thursday though the media company is still struggling to turn around advertising declines in the United States. Viacom, the owner of MTV, Comedy Central and Nickelodeon, has been challenged over the past several quarters because of drops in Nielsen ratings and changing TV viewing habits,...

  • Surprise! Women trump men on CEO pay Thursday, 30 Apr 2015 | 10:31 AM ET
    Marissa Mayer, president and chief executive officer at Yahoo! Inc.

    Female CEO pay, on average, outstrips pay to all the male CEOs of the 100 largest publicly held companies reports USA Today.

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open as markets digested mixed data and major moves in the dollar and Treasurys, after the Fed statement.

  • Early movers: VIA, CI, TWC, AAPL, GNRC & more Thursday, 30 Apr 2015 | 7:57 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.