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ViacomCBS reports $6.871 bn revenue in Q4

MUMBAI: ViacomCBS today reported financial results for the quarter and full year ended 31 December. The company’s full year revenue increased 2 per cent, driven by growth in advertising, affiliate and content licensing. Significantly, it reported the first quarterly earnings as a combined company....

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Viacom tops earning estimates in Q4; reports revenues of $3.43 billion

Viacom Inc topped earnings estimates in its fourth quarter earnings reporting revenues of $3.43 billion. The company adjusted earnings of 79 cents per share in the quarter. Revenues of the company surpassed Zacks Consensus Estimate by 0.4 per cent and earnings per share beat the Zacks Consensus...

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CBS, Viacom merge to form ViacomCBS Inc

US-based media and broadcasting companies, CBS and Viacom, have announced the news of a merger into Viacom CBS Inc. While Viacom will hold approximately 39 per cent of the shares, CBS will own about 61 per cent on a fully diluted basis.

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Bob Bakish on turning around Viacom, tie up with CBS, company's culture and future

Viacom CEO Bob Bakish describes his tenure at the giant company using two words - turnaround and evolution. At the end of 2016, Paramount Pictures was coming off a year where it had lost half a billion dollars and consumed another billion in cash.

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Cyma Zarghami exits Nickelodeon; Sarah Levy named interim head

MUMBAI: Nickelodeon Group president Cyma Zarghami has stepped down from her position after 30 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...

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