Viacom Inc


  • April 6- Media company Viacom Inc said it will reorganize three of its domestic network groups into two new organizations as part of a restructuring to drive growth. The company, which owns networks such as Nickelodeon, MTV, VH1 and Comedy Central, said it will take a related pre-tax charge of about $785 million in the quarter ended March 31. Viacom said it expects to...

  • Viacom announces realignment   Monday, 6 Apr 2015 | 4:19 PM ET
    Viacom announces realignment

    CNBC's Julia Boorstin reports Viacom has announced a restructuring. The company will take a pre-tax charge of approximately $785 million in Q2.

  • Viacom to take $785M charge in reorganization Monday, 6 Apr 2015 | 4:09 PM ET
    A man enters Viacom headquarters in New York.

    Viacom will take a $785 million pre-tax charge during the recently-ended quarter as part of a reorganization, the company said Monday.

  • Midday Glance: Media companies Monday, 6 Apr 2015 | 1:31 PM ET

    Comcast Corp. rose$. 56 or 1.0 percent, to $58.50. Walt Disney Co. rose$. 28 or. 3 percent, to $106.28. Gannett fell $1.53 or 4.1 percent, to $35.86.

  • Early Glance: Media companies Monday, 6 Apr 2015 | 11:23 AM ET

    Comcast Corp. rose$. 11 or. 2 percent, to $58.05. Walt Disney Co. rose$. 16 or. 1 percent, to $106.16. Gannett fell$. 51 or 1.4 percent, to $36.88.

  • LOS ANGELES— The high-octane "Furious 7" peeled out of the gates in its opening weekend, picking up a stunning $143.6 million from 4,004 locations to easily top the domestic box office, according to Rentrak estimates Sunday. While the "Fast and Furious" films have grown in popularity over the past three films, the mega-opening for "Furious 7" was also at least...

  • How to play the millennial spending boom Wednesday, 1 Apr 2015 | 7:28 AM ET
    Millennials at open house

    Millennials are about to buy into the housing market, and strategist Bill Smead tells CNBC he is betting on their future spending trends.

  • It's a rough road to retirement for many Americans Monday, 23 Mar 2015 | 7:00 AM ET

    NBC talked to four Americans about how they've prepared for retirement. Here are their stories.

  • Mario Gabelli: These are the stocks I like Thursday, 19 Mar 2015 | 11:26 AM ET
    Mario Gabelli

    Value investor Mario Gabelli tells CNBC he's bullish on a few media stocks, equities exposed to European trucking, and a flavors and fragrances firm.

  • SONY'S PLAYSTATION VUE ONLINE TV SERVICE LAUNCHES AT $50 A. NEW YORK, March 18- Sony Corp on Wednesday launched its PlayStation Vue Web video service in three cities, targeting customers looking for cheaper alternatives to cable with packages starting at $50. Sony's service will have more than 85 channels, including programming from three major networks, CBS,...

  • Cord-cutters: Why it's Apple's new key demographic Tuesday, 17 Mar 2015 | 3:07 PM ET
    Watching TV

    The rise of cord-cutting will bring huge changes in TV viewing. Apple already controls our phones. Will it also take control of our TVs?

  • NEW YORK, March 12- Viacom Inc agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to paid employees. The Viacom accord covers interns who worked in New York from August 2007 to June 2013, and in California from...

  • A la carte cable options: Betting against bundling Monday, 9 Mar 2015 | 10:45 AM ET
    Lobbyists asked Eric Rouse, a county commissioner in North Carolina, to help restore Viacom’s networks to local cable subscribers.

    The New York Times takes a deeper look at the changing television landscape and the future of the cable bundle.

  • UFC vs UFC fighters: Ultimate legal battle coming? Tuesday, 3 Mar 2015 | 9:19 AM ET
    Ronda Rousey celebrates after defeating Cat Zingano during their women's bantamweight title bout at UFC 184 at Staples Center.

    The UFC has started to overcome a year of injuries and sagging viewership, but a legal challenge looms from some of its own fighters.

  • March 1- Will Smith's new action drama "Focus" booted the kinky sex tale "Fifty Shades of Grey" for its perch atop U.S. and Canadian weekend box office charts, racking up $19.1 million in ticket sales. "Kingsman: The Secret Service", an adaptation of a popular comic series which stars Samuel L. Jackson and Colin Firth about a spy agency's training program and a global...

  • Feb 26- Adam Goodman, president of Viacom Inc's Paramount movie studio, is expected to leave soon, more than a year before his contract ends, the LA Times reported, citing a person close to the studio. The company is "reviewing its creative organization," the LA Times said, citing a person familiar with the situation. Goodman joined Paramount in 2008 and a year later took...

  • Trading FCC's net neutrality smackdown Thursday, 26 Feb 2015 | 12:00 AM ET
    Federal Communications Commission Chairman Tom Wheeler

    The best trades ahead of the vote by the Federal Communications Commission on net neutrality.

  • Nickelodeon unveils paid streaming service for kids Wednesday, 25 Feb 2015 | 6:23 PM ET

    Feb 25- Viacom Inc's Nickelodeon unveiled on Wednesday a paid streaming service for children called Noggin that will launch on March 5 for $5.99 a month. The mobile subscription service will be available for Apple Inc's iPhone, iPad and iPod touch devices. Nickelodeon said it is in discussions with pay-TV distributors about offering Noggin as a premium...

  • Playing the Nasdaq? These stocks are still bargains Wednesday, 25 Feb 2015 | 9:22 AM ET
    A visitor walks through the new lobby of the Nasdaq MarketSite in New York

    These seven Nasdaq stocks are still attractive despite the index nearing 5,000, USA Today reports.

  • The film, which stars James Dornan and Dakota Johnson as the libidinous couple, again outpaced the No. 2 release, "Kingsman: The Secret Service", which took in $17.5 million from Friday through Sunday, according to studio estimates. "Fifty Shades", a bona-fide box office bonanza, has already racked up $410 million in global sales in less than two weeks, according to...