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Viacom Inc

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  • Viacom quarterly profit rises 4 pct Thursday, 1 May 2014 | 7:15 AM ET

    May 1- Viacom Inc, which owns cable networks MTV and Comedy Central, reported a 4 percent rise in quarterly profit as increased advertising revenue from its cable business offset weakness in its film entertainment division. Viacom, which owns movie studio Paramount Pictures, earned $1.08 per share, excluding items.

  • April 30- U.S. media company Viacom Inc said it will buy British free-to-air TV broadcaster Channel 5 from media baron Richard Desmond for 450 million pounds to expand in the United Kingdom. Viacom, which owns cable networks such as MTV, Nickelodeon and Comedy Central, said it would look to introduce more UK- created content to global audiences.

  • 'Weed' portfolios, but don't sell in May: Analysts Wednesday, 30 Apr 2014 | 6:56 PM ET
    Traders work on the floor of the New York Stock Exchange on April 30, 2014.

    Stocks closed out April with a bang and many watchers believe this is not the year to sell in May.

  • April 30- British media baron Richard Desmond will announce that he is selling free-to-air TV broadcaster Channel 5 to U.S.-based Viacom Inc for up to 450 million pounds, The Guardian reported On Wednesday, without citing sources.

  • The man pushing CEO pay to the stratosphere Tuesday, 29 Apr 2014 | 10:38 AM ET
    Bob Iger, CEO of Walt Disney Corp, John Donahoe, CEO of Ebay and Pierre Dauman, CEO of Viacom. These three companies' boards pay CEOs above the median of the company’s self-selected peers.

    Ira Kay, the top CEO-compensation consultant, is on a mission to defend rising executive compensation, despite outrage from shareholders.

  • Activists, big pharma & lil' 'Squawkers' deliver Thursday, 24 Apr 2014 | 7:02 PM ET

    What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.

  • UPDATE 1-HBO strikes deal with Amazon to stream shows Wednesday, 23 Apr 2014 | 12:36 PM ET

    April 23- Amazon will begin streaming some HBO shows to its premium customers next month, the companies said on Wednesday, in a move that could lure subscribers away from Netflix Inc, a company they both compete with. HBO shows are not available through Netflix. Netflix shares fell 4.9 percent to $354.54.

  • This media company aims to come roaring back Tuesday, 22 Apr 2014 | 2:30 PM ET
    Rupert Murdoch arrives at the 2014 Vanity Fair Oscar Party, March 2, 2014, in West Hollywood, Calif.

    Big media stocks have fallen out of favor. But investors should consider Twenty-First Century Fox, which is investing in growth.

  • USA Network's founder brings video to Third World Monday, 21 Apr 2014 | 8:00 AM ET
    A contestant on Syfy's show Face Off working on one of his creations.

    Kay Koplovitz is bringing mobile video to the masses to empower women—and other, disadvantaged groups worldwide—who are not connected to the Net.

  • Music labels follow movie studios in suing Megaupload Thursday, 10 Apr 2014 | 9:57 PM ET

    NEW YORK, April 10- Four music labels filed a copyright infringement lawsuit on Thursday against the file-sharing website Megaupload and its founder Kim Dotcom, three days after several major movie studios did the same.

  • April 9- Hearst TV said on Wednesday it signed an agreement with Dish Network Corp ending a blackout that affected Dish subscribers who could not see programs from ABC, NBC and CBS broadcast affiliate stations in 25 markets. "We appreciate the support and patience of our viewers, advertisers and local communities served by our stations," Hearst said in a statement.

  • Dish, Hearst TV battle as TV programs in 25 cities cut Wednesday, 9 Apr 2014 | 11:45 AM ET

    April 9- Dish Network Corp customers in 25 markets across the United States can no longer view programs from ABC, NBC and CBS broadcast affiliate stations due to an impasse between the satellite provider and Hearst Television. Hearst owns 29 local TV broadcast affiliate stations in 25 markets, including Baltimore, Boston and New Orleans.

  • "Captain America: The Winter Soldier," the sequel to Marvel's 2011 film, smashed its way to $96.2 million in weekend ticket sales

  • LOS ANGELES/ NEW YORK, April 6- "Captain America: The Winter Soldier," the sequel to Marvel's 2011 film about the red, white and blue superhero, smashed its way to $96.2 million in weekend ticket sales, setting a new record for an April release and speeding past last week's winner, "Noah."

  • LOS ANGELES/ NEW YORK, April 6- "Captain America: The Winter Soldier," the sequel to Marvel's 2011 film about the red, white and blue superhero, smashed its way to $96.2 million in weekend ticket sales, setting a new record for an April release and speeding past last week's winner, "Noah."

  • Get a 13% raise last year? Your CEO probably did Friday, 4 Apr 2014 | 8:06 AM ET

    CEO pay jumped a whopping 13% in 2013 to break the $10 million barrier with the median compensation hitting $10.5 million.

  • Hollywood will pack 13 sequels into theaters over the next 20 weeks. "When you can say, here's' Avatar 2,' and you've got six billion people ready to see it, it doesn't take a lot of marketing to get them into the theater," said Jim Gianopulos, chairman and chief executive of Fox Filmed Entertainment.

  • LOS ANGELES/ NEW YORK, March 30- "Noah", starring Russell Crowe as the biblical figure who built an ark to save his family and specimens of every animal from the great flood, collected $44 million in U.S. and Canadian ticket sales to lead the weekend box office.

  • Top films at the North American box office Sunday, 30 Mar 2014 | 1:52 PM ET

    LOS ANGELES/ NEW YORK, March 30- Following are the top 10 movies at North American box offices for the three days starting March 28, led by "Noah," according to studio estimates compiled by Reuters. $9.1 million 6 The Grand Budapest Hotel............... $4.3 million 9 300: Rise of an Empire.................

  • Viacom aims to 'superserve customers': CEO     Wednesday, 26 Mar 2014 | 6:30 AM ET

    Bob Bakish, president and CEO of Viacom International Media Network, says now is a "very exciting time" to be in the media business as the group signs a co-branded content deal with Tumblr.