$VIAB (Viacom, Inc.)

$VIAB {{ '2016-08-04T18:19:51+0000' | timeago}} • Webcast

In 3Q16, $VIAB generated $90MM of free cash flow. The company ended the quarter with $12.4Bil of total debt and and $192MM of cash and cash equivalents. For FY16, $VIAB expects domestic affiliate revenues to decline low to mid single digits. Media Networks programming expense growth rate is expected to be in the low to mid single digits.

$VIAB {{ '2017-06-15T18:33:06+0000' | timeago}} • Announcement

$VIAB announced the formation of an Advanced Advertising group to lead ad product innovation and advanced analytics across all screens and platforms. Bryson Gordon will lead the group as EVP of Advanced Advertising and will report to Sean Moran, Head of Marketing & Partner Solutions, and Kern Schireson, Chief Data Officer.

$VIA {{ '2017-06-15T14:14:15+0000' | timeago}} • Announcement

$VIA $VIAB said Josh Clark joins the Distribution and Business Development department as SVP of Distribution Partnerships after previously serving as VP of Programming at DISH Network. Richelle Clements has been hired as SVP, Deal Finance, a role in which she will lead distribution deal analysis, financial strategy and analytics.

$VIA {{ '2017-06-15T14:12:58+0000' | timeago}} • Announcement

$VIA $VIAB elevated Samantha Cooper and Deena Demasi to EVP, and will continue to report directly to Tom Gorke, EVP, Head of Distribution and Business Development. The company named Andrew Borak as SVP of Distribution Marketing, reporting to Demasi, and Sheri Weidner as SVP of Distribution Partnerships, reporting to Cooper.

$VIAB {{ '2017-05-25T18:48:08+0000' | timeago}} • Announcement

$VIAB and Altice USA announced a multi-year partnership that includes advanced advertising and content distribution agreements. This combines Altice USA's multi-screen advertising platforms and analytics capabilities with $VIAB’s advertising offerings to deliver advertising across multiple screens. Terms of the deals were not disclosed.

$VIAB {{ '2017-05-18T17:49:48+0000' | timeago}} • Announcement

The BoD of $VIAB $VIA has declared a quarterly cash dividend of $0.20 per share on both its Class A and Class B common stock. The dividend will be payable on July 3, 2017 to stockholders of record on June 15, 2017.

$VIAB {{ '2017-05-18T13:19:13+0000' | timeago}} • Announcement

$VIAB $VIA announced that it will commence cash tender offers for up to $750MM aggregate purchase price of various senior notes.

$VIAB {{ '2017-05-04T19:09:50+0000' | timeago}} • Infographic

$VIAB $VIA Viacom Inc. Earnings AlphaGraphics: Q2 2017 highlights

$VIA {{ '2017-05-04T14:25:52+0000' | timeago}} • Webcast

$VIA $VIAB stated that toys and movie studios are consistent across its business and the market looks good currently. Therefore, the company is optimistic with its share being up and the large percentage of share it has in the ad market.

$VIA {{ '2017-05-04T12:37:09+0000' | timeago}} • Announcement

$VIA $VIAB's Media Networks revenue increased 0.37% YoY to $2.39Bil in 2Q17. Excluding FX, which had a 1 percentage point unfavorable impact, worldwide revenues rose 2% in Media Networks. In Filmed Entertainment, 2Q17 revenue grew 36.64% to $895MM, reflecting gains in theatrical, licensing, home entertainment and ancillary revenues.

$VIA {{ '2017-05-04T12:29:13+0000' | timeago}} • Announcement

Media conglomerate $VIA $VIAB reported a slump in 2Q17 earnings despite increased revenue, hurt by restructuring and programming charges. Net income attributable to the company declined 60.06% to $121MM or $0.30 per share from $303MM or $0.76 per share a year ago. Revenue increased 8.49% to $3.25Bil. Excluding items, $VIAB earned $0.79 per share.

$TWX {{ '2017-05-03T13:22:44+0000' | timeago}} • Webcast

$TWX has partnered with $FOX and $VIAB to launch the OpenAP platform, which provides advertisers with a standardized way to create audience-based targets and report through an independent third-party. $TWX believes this initiative will increase transparency and help accelerate advertising.

$VIAB {{ '2017-04-21T14:17:35+0000' | timeago}} • Announcement

$VIAB $VIA promoted Julia Phelps to SVP, Communications & Culture. In the newly created role, Phelps will serve on the company's senior executive team and lead corporate communications, corporate marketing and culture. Most recently, Phelps led communications for the company's international business, Viacom International Media Networks (VIMN).

$VIAB {{ '2017-04-07T16:58:20+0000' | timeago}} • Announcement

$VIAB $VIA appointed Colleen Fahey Rush as EVP, Insights & Audience Science, and Chief Research Officer of Viacom Media Networks, effective immediately. Rush will be responsible for Viacom Media Networks' now united Research & Audience Science team.

$VIAB {{ '2017-03-27T18:13:31+0000' | timeago}} • Announcement

$VIAB announced the appointment of Jim Gianopulos as CEO of Paramount Pictures, effective April 3, 2017. Gianopulos will report directly to Bob Bakish, CEO of Viacom.

$VIA {{ '2017-03-13T14:43:48+0000' | timeago}} • Announcement

$VIA $VIAB appointed Kern Schireson as new EVP and Chief Data Officer, effective immediately. In this position, Schireson will be responsible for expanding its market-leading data capabilities across all areas of domestic and international business, including its television, theatrical, events, consumer products, and digital business units.

$VIA {{ '2017-03-10T15:32:24+0000' | timeago}} • Announcement

$VIA $VIAB named Christa D'Alimonte as EVP, General Counsel and Secretary, effective April 15, 2017. She will succeed Michael Fricklas who is leaving the company. Meanwhile, Keyes Hill-Edgar has been named EVP, Global Business Affairs and General Counsel of Viacom Media Networks.

$VIAB {{ '2017-02-24T13:21:00+0000' | timeago}} • Announcement

$VIAB $VIA agreed to sell $650MM of 5.875% fixed-to-floating rate junior subordinated debentures due 2057 and $650MM of 6.250% fixed-to-floating rate junior subordinated debentures due 2057. The sale of the Debentures is expected to close on Fe. 28, 2017.

$VIA {{ '2017-02-09T12:37:26+0000' | timeago}} • Announcement

$VIA $VIAB provided a new strategic plan to improve its business. Going forward, the company will focus on its six flagship brands, which include BET, Comedy Central, MTV, Nickelodeon, Nick Jr. and Paramount. Also, $VIAB plans to revitalize and elevate approach to content and talent and deepen partnerships to drive traditional revenue.

$VIA {{ '2017-02-09T12:34:08+0000' | timeago}} • Announcement

$VIA $VIAB's revenue increased 5% to $3.32Bil in 1Q17, helped by improved theatrical revenues, a return to growth in domestic affiliate revenues, continued strength internationally and ancillary revenue growth. Media Networks segment revenue increased 1% to $2.59Bil and Filmed Entertainment segment revenue grew 24% to $758MM versus a year ago.

$VIA {{ '2017-02-09T12:27:21+0000' | timeago}} • Announcement

$VIA $VIAB, which called off its merger deal with $CBS recently, reported a 12% drop in 1Q17 earnings, hurt by higher expenses. Net earnings were $396MM or $1.00 per share compared to $449MM or $1.13 per share in the prior year quarter. Non-GAAP EPS declined 12% to $1.04 from $1.18 a year earlier.

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