VIA - Viacom, Inc.
| Previous close | 34.40 |
| Open | 34.00 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 900 |
| Day's range | 34.00 - 35.75 |
| 52-week range | 28.20 - 42.55 |
| Volume | 40,033 |
| Avg. volume | 36,806 |
| Market cap | 12.643B |
| Beta | 1.38 |
| PE ratio (TTM) | 7.11 |
| EPS (TTM) | 5.01 |
| Earnings date | N/A |
| Forward dividend & yield | 0.80 (2.26%) |
| Ex-dividend date | 2018-03-14 |
| 1y target est | 78.00 |
- Forbes•13 hours ago
Viacom Courts The Youth Vote With VidCon, WHOSAY
This past winter it acquired in separate deals VidCon and WHOSAY, two companies occupying strategic spots in the blossoming business of online video. In different ways, both VidCon and WHOSAY are about connecting online influencers, entertainment companies and brands, something Viacom desperately needed in its diversification push under new CEO Bob Bakish.
- CNBC•18 hours ago
The AT&T-Time Warner ruling is making the Murdoch family billions of dollars richer
Disney has raised its offer to buy a bundle of Fox's assets by nearly $20 billion since its initial acquisition agreement in December.
- Business Wire•yesterday
The 2018 “MTV Movie & TV Awards” Hosted by Tiffany Haddish Scores Double Digit Increase with 3.371 Million Total Viewers; Most Social Show on All of Television
Hosted by Tiffany Haddish, last night’s “MTV Movie & TV Awards” scored a 21% increase across the simulcast with 3.371 million total viewers.
Associated Press•3 days ago'Incredibles 2' crushes animation record with $180 million
LOS ANGELES (AP) — The combined powers of superheroes, the Pixar brand and a drought of family-friendly films helped "Incredibles 2" become the best animated opening of all time, the biggest PG-rated launch ever and the 8th highest film launch overall.
- The Wall Street Journal•3 days ago
[$$] Why Media Deal Making Could Free CBS From Viacom
Conventional wisdom has it that the wave of media deal making could renew Shari Redstone’s zeal for merging CBS and Viacom. Ms. Redstone’s National Amusements, the parent company of CBS and Viacom, seems to have given up on the idea of merging the companies after months of bickering. In a recent court filing, the company insisted that it no longer supported a deal.
- CNBC•8 days ago
Media stocks soar after AT&T-Time Warner court decision raises value of all content properties
Wall Street analysts expect more media industry merger and acquisition activity after AT&T's legal victory in its deal to buy Time Warner.
- Business Wire•9 days ago
Motor Sports Pioneer Danica Patrick to Be Honored with the Legend Award at Nickelodeon’s Kids’ Choice Sports 2018
Professional racecar driver Danica Patrick has been chosen by Nickelodeon to receive the Legend Award at this year’s Kids’ Choice Sports 2018, the summer’s slimiest, surprise-filled sports showdown for kids.
- Zacks•9 days ago
Is Viacom (VIAB) a Suitable Stock for Value Investors Now?
Let's see if Viacom, Inc. (VIAB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- CNBC•9 days ago
Cramer's lightning round: Both Discovery and Viacom could be undervalued
Jim Cramer zips through his take on callers' favorite stocks, including two television plays.
- Forbes•11 days ago
Box Office: 'Solo: A Star Wars Story' Tops 'John Carter' And 'Lone Ranger'
In holdover news that isn't Avengers, Solo: A Star Wars Story earned $15.1 million (-48%) on its third weekend to bring its 17-day cume to $176.1m. It took the prior Walt Disney Star Wars movies 17-20 days before they earned less than $15.1m in a single day, let alone a Fri-Sun weekend.
- Forbes•13 days ago
Palace Theatre Renovations Could Force SpongeBob to Seek New Home
While SpongeBob SquarePants might win big at the Tony Awards, it could become another victim of New York’s rising real estate crisis. According to financial documents sent to potential Chinese investors, the real estate developers renovating the Palace Theatre intend to shut it with the adjoining hotel on September 15 to begin demolition and construction. The theater’s current tenant, SpongeBob, which won the Drama Desk Award for Outstanding Musical on Sunday, might soon be forced to find another home.
- Barrons.com•13 days ago
Viacom: Don't Expect More Buybacks or Dividends
Don’t expect higher dividends or fresh buybacks from Viacom (VIAB). The question came up Thursday at a Gabelli & Co. conference after CFO Wade Davis said management was “a little frustrated, as potentially some of you all are, with stock prices.” “None of that is anticipated,” Davis said, noting a previously mentioned goal of paying down a debt load that sat around $10 billion at the end of Q1. “And beyond the de-levering objectives that we’ve highlighted for people, we have a pretty broad pipeline of tactical internal investments, as well as small M&A that we’re going to be working through those prior to thinking about restarting any sort of share repurchase program.” The company repurchased 2.1 million shares in fiscal 2016, and 21 million the year before, for a total of $1.6 billion.
- MarketWatch•13 days ago
Viacom to launch Paramount Network in UK
Viacom Inc. is bringing Paramount Network to the U.K., the company announced Friday, bringing a suite of U.S. shows including "Suits" and Kiefer Sutherland's "Designated Survivor." The channel, which launches on July 4 in the U.K. on Freeview, Sky, BT and TalkTalk, will be overseen by Channel 5 director of programming Ben Frow. This will be the third Paramount Network rollout after the U.S. and Spain. Shares of Viacom are down 10.1% so far this year, while the S&P 500 [s:SPX] is up 3.5%.
- Business Wire•16 days ago
***MEDIA ALERT*** Exclusive Press Preview Friday, June 8 - The Daily Show Presents: The Donald J. Trump Presidential Twitter Library
Comedy Central:
- Business Wire•16 days ago
The Daily Show with Trevor Noah Presents: The Donald J. Trump Presidential Twitter Library Heads to Los Angeles
The enormously successful, popular and critically-acclaimed The Daily Show with Trevor Noah Presents: The Donald J. Trump Presidential Twitter Library will be coming to Los Angeles after its run this past weekend at Comedy Central Presents Clusterfest in San Francisco and will include new exhibits added to the library since its previous stops. The Presidential Twitter Library will be located at 631 N. Robertson Blvd. in West Hollywood for two consecutive weekends: Friday, June 8 through Sunday, June 10 and Friday, June 15 through Sunday, June 17.
- Forbes•16 days ago
'Bumblebee' Trailer Blends 'Transformers' With 'Iron Giant,' 'Shape Of Water' And 'Monster Trucks'
The week of endless trailers continues with Paramount/Viacom Inc.’s Bumblebee. As promised, this smaller-scale, more kid-friendly Transformers prequel seems to be going back to the initial film’s “kid and their car” adventure, with a dash of The Iron Giant thrown in for good measure. Bumblebee is a 1980’s-set Transformers prequel directed by Kubo and the Two Knights helmer (and Laika president) Travis Knight, starring Hailee Steinfeld as a young woman who discovers the title character.
- The Wall Street Journal•16 days ago
[$$] Cyma Zarghami Steps Down From Nickelodeon
Nickelodeon Group President Cyma Zarghami is exiting the children‘s television network, the latest executive shake-up at parent Viacom Inc. Sarah Levy, chief operating officer of Viacom Media Networks, will serve as interim head of Nickelodeon until a successor is named. Ms. Zarghami has been president of Nickelodeon Group since 2006 and has been with the unit since 1985.
- MarketWatch•17 days ago
Viacom's Nickelodeon president to step down after 33 years at the network
Viacom Inc.'s Nickelodeon unit said Monday its president, Cyma Zarghami, will step down after 12 years in the role, and 33 years at the company. Sarah Levy, chief operating officer of Viacom Media Networks, will lead Nickelodeon until a permanent successor for Zarghami is found. Zarghami had joined Nickelodeon in 1985, and was named president in 2006.
- Business Wire•17 days ago
Viacom Announces Leadership Transition at Nickelodeon Group
Viacom Inc. (NASDAQ: VIAB, VIA) today announced that Cyma Zarghami is stepping down as President of Nickelodeon Group after more than thirty years with the network. While Viacom conducts a comprehensive search for a successor to lead Nickelodeon, Sarah Levy, Chief Operating Officer of Viacom Media Networks, will lead the brand on an interim basis. “Over the course of her career, Cyma has played an integral role in growing Nickelodeon into the dominant force in kids’ entertainment.
Associated Press•18 days ago'Solo: A Star Wars Story' falls 65 percent in second weekend
"Solo" has now earned $148.9 million domestically, which is still shy of "Rogue One's" December 2016 opening weekend of $155.1 million and over $135 million short of where "Rogue ...
- Business Insider UK•19 days ago
Paramount scraps airing 'Heathers,' citing school violence
Representatives from parent company Viacom confirmed Saturday that the TV reboot of the 1988 movie black comedy about high-school murder and suicide will not air on Paramount or any other Viacom properties. Viacom says the subject matter is not suitable in the current environment for channels it is attempting to make youth-oriented, but that it is open to the possibility of selling the anthology series to a more fitting outlet. The show based on the film starring Winona Ryder and Christian Slater had been set to premiere in March, but was delayed after the Parkland, Florida shooting that left 17 dead.
- Business Insider UK•19 days ago
Paramount scraps airing 'Heathers,' citing school violence
Representatives from parent company Viacom confirmed Saturday that the TV reboot of the 1988 movie black comedy about high-school murder and suicide will not air on Paramount or any other Viacom properties. Viacom says the subject matter is not suitable in the current environment for channels it is attempting to make youth-oriented, but that it is open to the possibility of selling the anthology series to a more fitting outlet. The show based on the film starring Winona Ryder and Christian Slater had been set to premiere in March, but was delayed after the Parkland, Florida shooting that left 17 dead.
- The Wall Street Journal•21 days ago
[$$] The Real End Game for CBS-Viacom
Investors in CBS and Viacom may be growing fretful. On Tuesday, Shari Redstone and her family holding company, National Amusements, sued CBS, countering the angry lawsuit CBS filed against Ms. Redstone and National Amusements two weeks ago. In a little-noted part of the complaint filed on Tuesday, National Amusements made it clear that a deal between CBS and Viacom isn’t actually the final goal.
- Bloomberg•22 days ago
Maybe Revenge Should Come Before Business
A couple of weeks ago the board of CBS Corp. tried to get rid of the company’s controlling shareholder, Shari Redstone’s National Amusements Inc., through a two-pronged strategy of (1) holding a board meeting to approve a special dividend that would dilute away her voting control of the company and (2) suing to get a court to say that was okay. The directors held the board meeting anyway, and 11 out of 14 voted to dilute Redstone, which is less than 90 percent, so you’d think Redstone’s strategy was effective.
- Forbes•22 days ago
Will Shari Redstone Find A Buyer For A Combined CBS-Viacom?
Let’s put aside the increasingly heated rhetoric between CBS Chief Executive Les Moonves and the media company’s controlling shareholder National Amusements Inc.'s (NAI) Shari Redstone over the on-again, off-again plan to merge CBS and its corporate sibling Viacom and look at the big picture. As Recode’s Edmund Lee and others have noted, Redstone, the daughter of media mogul Sumner Redstone, hopes that a combined CBS-Viacom would tempt a buyer to acquire the company at a larger premium than they would have fetched separately. It isn’t clear when such a deal would happen though Redstone has “tinkered” with the idea of selling the combined CBS and Viacom for “at least a year,” according to Lee.
