Viacom president & CEO Philippe Dauman says Amazon is a great environment where Nickelodeon "lives as a brand." He also discusses the advertising sales growth, and the company's dividend and buyback.» Read More
Get ready for one of the biggest Nike marketing blitzes ever, for the 25th anniversary of the Air Force 1. A hot new commercial hits the airwaves tomorrow on MTV with all of Nike’s stars playing a pickup game in Air Force 25s. I had a chance to talk with Joaquin Hidalgo, Nike’s global vice president of marketing and Adam Roth, Nike’s U.S. advertising director about the push.
Michael Wolf, a former McKinsey & Co. managing partner and well-known media strategist, will step down as MTV Networks' president after spending a little over a year at the company.
UPDATE: Gail Berman met with Fox Executives on Thursday – presumably about coming back to Fox in some capacity. Stayed tuned for more ... Here's the scoop on Viacom's Paramount--its new streamlined structure may be the change it needs. So, President of Paramount Pictures, Gail Berman, "resigned"... and Co-President of Production, Allison Shearmur, will also "step down" (fired)... and now the studio will be restructured into four labels that each report directly to Brad Grey. DreamWorks' co-chairman, Stacey Snider, will produce...
At CES this week, Microsoft founder Bill Gates called it connected entertainment. Tuesday at Macworld, Steve Jobs called it Apple TV. At best, both allow universal access to every piece of digital content on a PC. At worst, it’s another complex device consumers don’t want to figure out-like a Windows Media Center PC.
Citigroup's Tobias Levkovich has released his top picks for '07. Here are the hints to the stocks he liked--that you may have heard on "Squawk on the Street": 1) your parents were wrong; TV is good for you, 2) another of his favorites can be found in the mall, 3) the real little engines that could. Think you know which ones Levkovich likes? See if you guessed right...
So much for CBS's spinoff from Viacom -- meaning that it's focusing on one business -- the eye is really trying to become a vertically integrated media company. First CBS says it's starting a movie studio -- making films to fill its cable TV slots (owning the content means no fees, more control) -- and now, CBS is starting a music business.
Who could have imagined Disney, Fox, Viacom, CBS and NBC Universal all teaming up together? They're so desperate to compete with Google's YouTube -- and to get paid for all that copyrighted material -- that desperate times have called for desperate measures. But more often that not, too many cooks spoil the broth.
While a deal is still far off, the four media companies envision a jointly owned site that would be the primary Web source for videos from their television networks,
It's been just under a year since Viacom split in two and CBS President/CEO Les Moonves is still standing. During the Moonves tenure--CBS stock has gone up almost 20%. The company has a lot of cash and some on Wall Street think CBS isn't doing enough with it. CNBC's David Faber has reaction from Moonves on the "cash problem" on "Squawk on the Street."
Media is bigger business than ever – tens of billions of dollars of TV ads, movie ticket sales, DVDs, and online ads – and it’s not just the Viacoms and Yahoos that are media companies.
A record number of U.S. corporate bosses have left their jobs this year, in part reflecting the widening stock options backdating scandal, according to data released today.