Media Money with Julia Boorstin

Viacom's Dauman is bullish, thanks to digital

Viacom CEO: 'Technological change is good for us'

All the biggest media CEOs are gathered at the Goldman Sachs Communacopia media conference in Manhattan Tuesday and Wednesday.

One persistent theme stressed by a broad range of senior executives, from Disney's Bob Iger, to Time Warner Cable's CFO Arthur Minson to Viacom's Philippe Dauman, has been the huge opportunity in digital revenue. And so far, they all say that the digital opportunity is incremental—it isn't eating into their core business.

Dauman sat down with CNBC to talk about his outlook for Viacom's future. With the stock up nearly 60 percent over the past year and the company accelerating its stock buyback on expectations on upcoming growth, Dauman is bullish.