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Gabelli Funds Chairman and CEO Mario Gabelli, is the second largest Viacom shareholder, and discusses news the company named CEO Philippe Dauman to the Chairman role.
Viacom activist investor Eric Jackson of SpringOwl Asset Management explains why he doesn't want Philippe Dauman as Viacom chairman.
CNBC's Julia Boorston reports that Shari Redstone will fight Philippe Dauman's chairmanship at Viacom. Shareholder Mario Gabelli talks about what Dauman needs to do while he's at the top.
Viacom names Philippe Dauman executive chairman, replacing the ailing Sumner Redstone after three decades at the helm of the media company.
LOS ANGELES— Aging media mogul Sumner Redstone stepped down as executive chairman of Viacom on Thursday and was replaced by CEO Philippe Dauman, a move that immediately disappointed investors. Investment adviser SpringOwl, which holds a stake of undisclosed size in Viacom, had also opposed Dauman's bid for the chairmanship, calling instead for an...
Investors and analysts have lost confidence in Viacom's leadership. Questions remain as Philippe Dauman assumes position as chairman. CNBC's Julia Boorstin explains.
Philippe Dauman assumes executive chairman position at Viacom as concerns about Sumner Redstone's health grow.
CNBC's David Faber reports Viacom CEO Philippe Dauman is likely to be named Viacom Chairman, according to sources.
NEW YORK— U.S. stocks posted modest gains Thursday as investors await Friday's closely watched jobs report, which could offer insight about the U.S. economy and help determine whether the Federal Reserve raises interest rates again next month. Many believe the likelihood of another rate increase in March has faded because of recent signs of weakness in the...
Viacom's path forward is uncertain as Sumner Redstone steps down as executive chairman, company watchers said Thursday.
The studio behind the "Hunger Games" franchise has a 2.31 percent stake in class A shares of Starz.
CNBC's Julia Boorstin takes a look at what Sumner Redstone's departure means for CBS and Viacom.
Some of the names on the move ahead of the open.
U.S. stock futures were steady this morning, after a solid rally Wednesday. But Wall Street was still lower for the week, with the Dow, S&P 500, and Nasdaq struck in correction territory.
Anthony DiClemente, Nomura senior analyst discusses leadership changes at CBS and Viacom on the heels of Sumner Redstone's resignation, and its likely impact on either company.
It's the end of an era as media mogul Sumner Redstone steps down at CBC and CEO Les Moonves takes the reigns, reports CNBC's Landon Dowdy.
Viacom and CBS shares jumped on leadership changes, and some "Fast Money" traders believe the stocks could climb even more.
Check out the companies making headlines after the bell Wednesday: GoPro, Yum Brands, CBS and more.
CNBC's David Faber reports the latest developments regarding Viacom replacing Sumner Redstone.
The "Fast Money" traders give you 5 trades in the media sector following Sumner Redstone's departure from Viacom.