Is CBS or Viacom the better media buy right now? With Rich Tullo, Albert Fried & Company; Tuna Amobi, S&P Capital IQ; Zachary Karabell, Envestnet; an CNBC's Jon Fortt.» Read More
Viacom said on Wednesday it will sell its Famous Music publishing unit to Sony/ATV Music Publishing.
Viacom Inc. said Wednesday it will sell its Famous Music publishing unit to Sony/ATV Music Publishing. The total value of the deal is $400 million, including $370 million in cash and debt of $30 million, according to a source familiar with the talks.
"Shrek the Third" took in $122 million in its first weekend, breaking the franchise's own record for best debut ever for an animated film, according to studio estimates Sunday. The latest adventure of the ogre shot past 2004's "Shrek 2," the previous record-holder for animated openings with $108 million.
The founder and former CEO of ImClone Systems, Sam Waksal, who is now sitting in prison for his role in the trading scandal that ensnared Martha Stewart, had a reputation for rubbing elbows with the New York glitterati and the Hollywood set. Well, it looks like ImClone is reliving its past.
Stocks sold off across the board, and the Dow fell almost 150 points, after mixed economic data prompted investors to book gains. "A day like today was inevitable," said Michael Cuggino of Permanent Portfolio Funds. "I would caution investors not to get overly concerned based on today's (economic) statistics."
Media conglomerate Viacom said first-quarter profit fell 36%, dragged by restructuring charges and higher expenses at its MTV Networks.
Viacom's Paramount Pictures will build a $1 billion entertainment theme park in South Korea jointly with Daewoo Motor Sales, Daewoo said on Thursday.
Summit Entertainment, a new studio launched two weeks ago with $1 billion in financing led by Merrill Lynch, just unveiled its slate of new development projects -- nine that will go into production this year -- with two films going into production this summer. The plan is to release ten to 12 films a year through its domestic pipeline, and they're not wasting any time.
They are the highest paid members of society. No, not the New York Yankees. We’re talking about America’s CEO’s. But while their compensations have soared, their tenures are shrinking. The Wall Street Journal's Alan Murray reveals who is likely to get the axe, next.
Spider-Man caught just about everyone in his web. The super hero's latest adventure, "Spider-Man 3," smashed box-office records with a $148 million haul in its first three days, according to studio estimates Sunday.
This cable channel is turning its business around as it sheds unprofitable divisions and creates new programming that's causing a surge in ratings. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The face of Hannibal Lecter was no match for Shia LaBeouf in a box-office battle of murder thrillers.
The big week in Internet earnings reaches a crescendo this afternoon when Google reports earnings. These numbers come at a fascinating time in the company's history.Google has become a kind of financial underdog, compared to other big names in the sector, including Yahoo, which is still licking its wounds, and eBay, which is enjoying its second beat-and-raise quarter in a row. A strange position to be in for a company trading at nearly $500 a share.
Tonight, the masters of Wall Street are going face to face with some of the best business school students in the country. Students from Indiana University, Villanova, MIT and USC are bringing their A-game via the webcam.
Leo Terrell, a civil rights attorney and a radio talk show host, told CNBC’s “Morning Call” that Don Imus “is history” because his guests and advertisers will abandon him following his racially charged comments about a women’s basketball team.
Sam Zell, the billionaire investor, is speaking out against Google (GOOG), saying the search engine giant is stealing content and advertising dollars from newspapers across the country. He wants the new media players to start paying more for the old world content they rely on. Can Zell and other men of old media like Sumner Redstone win - boosting newspaper and content stocks in the process? Or will Google flex its muscle and prove too powerful?
Media conglomerate Viacom said on Tuesday it chose Yahoo to provide search and contextual advertising for 33 of its Internet sites in a major boost to Yahoo's new Web ad system.
In this special segment, the masters of Wall Street go face to face with some of the best business school students in the country. Students from Harvard, Yale, Columbia and Wharton are bringing their A-game via the webcam.
One maverick explains how he ended up a Wall Street legend. The other explains his comments regarding YouTube – and gives the students in attendance a pep talk. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Philippe Dauman, Viacom’s chief executive officer, told CNBC’s “Squawk on the Street” that he believes wireless distribution of the company’s content will generate significant revenue in the future.