Advertisement
 
YOU ARE HERE: LAT HomeCollectionsViacom
IN THE NEWS

Viacom

ENTERTAINMENT
September 18, 2013 | By Joe Flint
Veteran television executive Albie Hecht has been tapped to be the new executive vice president and general manager of the cable channel HLN. Part of the CNN empire, HLN has gone over a few makeovers over the last couple of years. Formerly known as Headline News, the channel, with its focus on crime, trials, and pop culture, is something of a hybrid of CNN and E! Its most well-known personalities are lawyer Nancy Grace and Dr. Drew Pinsky. Hecht's background is primarily in entertainment including long stints at Viacom's Nickelodeon and Spike TV. His hiring will likely be seen as a further sign that HLN will continue to distance itself from its hard-news roots.
Advertisement
ENTERTAINMENT
August 16, 2013 | By Joe Flint
After the coffee. Before seeing if I can get instant replay for my life. The Skinny: As if you couldn't tell, I'm a little bit old school. That means I'm not exactly thrilled that baseball is now going to fully embrace instant replay. Human error and mistakes are part of life. Plus baseball is already too long. Friday's headlines include the distribution deal in the works between Viacom and Sony and the weekend box office preview. Daily Dose: It is now two weeks since CBS-owned TV stations went dark on Time Warner Cable systems.
ENTERTAINMENT
August 15, 2013 | By Joe Flint
Viacom Inc., parent of MTV, Nickelodeon and Comedy Central, is closing in on a deal with Sony Corp. to have its networks carried via an Internet distribution system the consumer electronics and entertainment company is developing that would potentially be a rival cable and satellite services, a person familiar with matter confirmed. Should an agreement be struck, Viacom would be the first major entertainment company to agree to sell its content to a so-called over-the-top distribution system.
ENTERTAINMENT
May 29, 2013 | By Ryan Faughnder
Viacom Inc. Chief Executive Officer Philippe Dauman mocked Sen. John McCain (R-Ariz.) for being the sole sponsor of a new bill to overhaul the way pay-TV distributors and programmers package and sell programming. At Nomura's Global Media & Telecom Summit in New York, Dauman downplayed the threat, saying McCain has been pushing for similar legislation for years and has made little progress.  “McCain got a lot of publicity for his solo-sponsored bill, which he's been doing for, I don't know, 15 years now with no co-sponsors, going nowhere,” he said.
ENTERTAINMENT
May 27, 2013 | By Meg James
Viacom Chairman Sumner Redstone celebrated his 90th birthday Monday. Friends, family and business associates had planned a surprise Memorial Day birthday party in Los Angeles for the media mogul, even though Redstone has never been a big fan of birthdays -- or surprises. Not to worry. Redstone has plenty of reasons to celebrate this year. Just last week, Viacom stock hit an all time high. Redstone also received an early birthday present from Viacom's board, of which he serves as chairman.
ENTERTAINMENT
May 17, 2013 | By Meg James
Today marks the one-year anniversary of Facebook's initial public offering, a milestone that often prompts reflection and introspection. And in the case of Rupert Murdoch, the occasion provided an opportunity for a nanny-nanny-nah-nah tweet: "Look out Facebook! Hours spent participating per member dropping seriously. First really bad sign as seen by crappy MySpace years ago," Murdoch wrote on his Twitter account late Thursday night. VIDEO: Fall 2013 TV trailers Of course, Murdoch was famously burned after jumping in and snatching Myspace for $580 million in 2005, thwarting competing media company Viacom, which was mounting a bid. Viacom's failure to land Myspace led to the firing of CEO Tom Freston and generated much celebration in the halls of Murdoch's News Corp.
ENTERTAINMENT
May 15, 2013 | By Joe Flint
After the coffee. Before the CBS and TNT upfronts. Jealous yet? The Skinny: It feels like I've been here a week. Oh wait, I have been here a week! By the time most of you read this, I'll have already been to two upfront events and in desperate need of a nap. Well, that's a luxury problem. Wednesday's headlines include ABC's brand new schedule and Viacom getting a jump on the upfront market. As always, if you are interested in receiving an email alert when the Morning Fix is live, please send me a note . Daily Dose: Advertisers may have been surprised to learn at the ABC upfront that the network is No. 1 in late night.
ENTERTAINMENT
May 1, 2013 | By Joe Flint
After the coffee. Before a long morning of earnings calls. The Skinny: I got through the season finale of "The Following" last night. It wasn't easy. Fortunately,  afterward I watched the premiere of Comedy Central's "Inside Amy," which was a tad raunchy but had its moments. Wednesday's stories include a look at the likely next chairman of the Federal Communications Commission and quarterly results from Viacom, Time Warner and Comcast. If you are interested in receiving an email alert when the Morning Fix is live please send me a note . Daily Dose: AMC did something a little different this past Sunday.
ENTERTAINMENT
May 1, 2013 | By Meg James
Paramount Pictures turned in another disappointing performance, contributing to an 18% drop in quarterly earnings for parent company Viacom Inc., the media conglomerate reported Wednesday. The Melrose Avenue movie studio suffered from the DVD blues and tough comparisons. Due in part to Paramount's thin film slate, Viacom's revenue declined 6% to $3.14 billion for the 2013 fiscal second quarter, ended March 31. For the quarter, Viacom's earnings fell 18% to $478 million, or 96 cents a share, compared to $1.07 a share, in the year-earlier period.
ENTERTAINMENT
April 23, 2013 | By Matthew Fleischer
The desire of Netflix to acquire more original programming such as the political drama "House of Cards" could mean bad news for Hollywood, which has come to count on the company as a good customer and a steady source of revenue. Netflix Chief Executive Reed Hastings noted Monday that some of the company's big content deals didn't work out as planned. Many shows Netflix got rights to ended up having little appeal to its subscribers. "Many of our earliest deals were with networks and cable networks and included some shows that have not proven successful," Hastings said.
Los Angeles Times Articles
|