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Viacom Inc (VIAB.OQ)

VIAB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Viacom Declares Quarterly Cash Dividend
Monday, 21 May 2018 

May 21 (Reuters) - Viacom Inc ::VIACOM DECLARES QUARTERLY CASH DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.20PER SHARE.DECLARED A QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE ON BOTH ITS CLASS A AND CLASS B COMMON STOCK.  Full Article

CBS offer for Viacom was immediately rejected - CNBC
Wednesday, 4 Apr 2018 

April 4 (Reuters) - :CBS OFFER FOR VIACOM WAS IMMEDIATELY REJECTED - CNBC, CITING SOURCES.VIACOM WILL PROPOSE A COUNTER OFFER TO CBS BID - CNBC, CITING SOURCES.VIACOM BELIEVES IT DESERVES A MARKET PREMIUM AND SEES COST SYNERGIES OF AT LEAST $1 BILLION IN THE COMBINATION - CNBC, CITING SOURCES.  Full Article

CBS Submitted Bid For Viacom That Is Below Its Market Value - CNBC, Citing Sources
Tuesday, 3 Apr 2018 

April 3 (Reuters) - :CBS Submitted Bid For Viacom That Is Below Its Market Value; CBS Special Committee Wants Moonves, Ianniello To Lead Combined Co - CNBC, Citing Sources.  Full Article

Sequential Brands Group Appoints Peter Lops As CFO
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Sequential Brands Group Inc ::SEQUENTIAL BRANDS GROUP APPOINTS PETER LOPS AS CFO.SEQUENTIAL BRANDS GROUP INC - ‍ LOPS JOINS SEQUENTIAL FROM VIACOM MEDIA NETWORKS​.SEQUENTIAL BRANDS - ‍LOPS ASSUMES ROLE FROM PRESIDENT AND INTERIM CFO ANDREW COOPER WHO WILL CONTINUE TO SERVE AS PRESIDENT​.  Full Article

Nickelodeon And Hasbro Announce Strategic Partnership For Top Wing
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Hasbro Inc ::NICKELODEON AND HASBRO ANNOUNCE STRATEGIC PARTNERSHIP FOR NICK’S NEWEST ANIMATED PRESCHOOL SERIES, TOP WING.HASBRO INC - ‍HASBRO TO CREATE TOP WING PLAYSKOOL PRODUCT LINE FEATURING FIGURES, VEHICLES AND PLUSH SCHEDULED TO DEBUT FALL 2018​.HASBRO INC - ‍ PRODUCT LINE WILL LAUNCH IN U.S. THIS FALL, FOLLOWED BY INTERNATIONAL MARKETS IN SPRING 2019​.  Full Article

Viacom Projects Return To Growth In Adjusted Operating Income
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Viacom Inc ::VIACOM PROJECTS RETURN TO GROWTH IN ADJUSTED OPERATING INCOME, ADJUSTED DILUTED EPS IN SECOND HALF OF FY 2018 - COMPANY‍​.VIACOM SAYS DOMESTIC AFFILIATE REVENUES ON TARGET IN Q1 WITH IMPROVED GUIDANCE FOR FY 2018.VIACOM SAYS CONTINUED PROGRESS ON STRATEGIC INITIATIVES TO DRIVE REVENUE GROWTH IN H2 FY 2018.VIACOM - DOMESTIC AD SALES DOWN DUE TO LINEAR, PARTIALLY OFFSET BY "ROBUST" DIGITAL GROWTH; SEES SEQUENTIAL IMPROVEMENT WITH RETURN TO GROWTH IN Q4.  Full Article

Viacom Reports Q1 Adjusted Earnings Per Share $1.03
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Viacom Inc ::VIACOM REPORTS FIRST QUARTER RESULTS.REVENUES IN FIRST FISCAL QUARTER DECREASED 8%, OR $251 MILLION, TO $3.07 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $1.03.Q1 EARNINGS PER SHARE $1.33.QTRLY ‍ DOMESTIC ADVERTISING REVENUES DECREASED 5% TO $937 MILLION​.MEDIA NETWORKS REVENUES DECREASED 1% TO $2.56 BILLION IN QUARTER.COMPANY ACCELERATES TRANSFORMATION, WITH FURTHER PROGRESS AGAINST KEY STRATEGIC INITIATIVES.FILMED ENTERTAINMENT REVENUES DECREASED 28% TO $544 MILLION IN QUARTER.Q1 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $3.14 BILLION -- THOMSON REUTERS I/B/E/S.VIACOM - AT DECEMBER 31, TOTAL DEBT OUTSTANDING WAS $10.19 BILLION, COMPARED WITH $11.12 BILLION AT SEPTEMBER 30.VIACOM - ON TRACK TO ACHIEVE $100 MILLION IN NEW COST SAVINGS IN CURRENT FISCAL YEAR, AND "HUNDREDS OF MILLIONS MORE" IN 2019.  Full Article

Viacom Strikes Mobile Streaming Deal With Telefónica Across Latin America
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Viacom Inc ::VIACOM STRIKES WIDE-RANGING MOBILE STREAMING DEAL WITH TELEFÓNICA ACROSS LATIN AMERICA.VIACOM STRIKES WIDE-RANGING MOBILE STREAMING DEAL WITH TELEFÓNICA ACROSS LATIN AMERICA.VIACOM - MOVISTAR PLAY WILL CARRY LIVE FEEDS OF MTV, NICKELODEON, COMEDY CENTRAL, PARAMOUNT CHANNEL TV CHANNELS IN LATAM BEGINNING FIRST SEMESTER 2018.  Full Article

Viacom Forms Special Committee To Evaluate Potential Combination With CBS
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Viacom Inc ::VIACOM INC. BOARD FORMS SPECIAL COMMITTEE TO EVALUATE POTENTIAL COMBINATION WITH CBS CORPORATION.VIACOM INC - COMMITTEE HAS RETAINED INDEPENDENT LEGAL COUNSEL AND IS RETAINING INDEPENDENT FINANCIAL ADVISORS IN CONNECTION WITH THIS EVALUATION.VIACOM INC - BOARD OF DIRECTORS HAS ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE A POTENTIAL COMBINATION WITH CBS CORPORATION.  Full Article

CBS Forms Special Committee To Evaluate Potential Combination With Viacom
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - CBS Corp ::CBS CORPORATION FORMS SPECIAL COMMITTEE TO EVALUATE POTENTIAL COMBINATION WITH VIACOM.CBS CORP - BOARD OF DIRECTORS HAS ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO EVALUATE A POTENTIAL COMBINATION WITH VIACOM INC.  Full Article

Video makers want YouTube to change subscription tool

ANAHEIM, Calif., June 25 Video makers with millions of subscribers on YouTube expressed frustration at a trade show last week that the service notifies only a portion of their followers about new posts, causing declines in viewership and their revenue.