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Viacom Inc misses EPS forecast but revenue beats expectations

Even as its India business, Viacom18, celebrates its 10th anniversary, Viacom Inc’s stock on Nasdaq came under pressure after missing the earnings per share (EPS) forecast for the fourth quarter ended September 30, 2017. The company also reported financial results for the fiscal year ended...

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Viacom regularises Bob Bakish as CEO; discontinues potential combination with CBS

MUMBAI: The Board of Directors of Viacom Inc. (NASDAQ: VIAB, VIA) announced today that it has discontinued the exploration of a potential combination with CBS following receipt of National Amusements' letter and request, and dissolved the Special Committee that was formed to evaluate a potential...

Television TV Channels People
Essel Group to acquire further 4.95 per cent in Dish TV Videocond2h from Dhoots

MUMBAI: The Essel group today announced that it has agreed with the Dhoot family that it will acquire an additional 4.95 per cent equity of Dish TV Videocon d2h (DTV d2h) - the company being created out of the merger of Dish TV India Ltd (DTIL) and Videocon d2h Ltd (VD2h). The additional...

DTH DTH Operator
Dish TV terms Videocon d2h acquisition plans speculative

Reacting to news articles in certain sections of the media, Dish TV has issued the following press statement: This is in reference to the news relating to the proposed acquisition of Videocon D2H by Dish TV appearing in certain sections of media. The news is speculative in nature and as a Policy,...

DTH DTH Operator
Netflix to join Nasdaq 100

MUMBAI: OTT subscription service Netflix will become a component of the Nasdaq-100 Index, the Nasdaq-100 Equal Weighted Index and the Nasdaq-100 Ex-Technology Sector Index prior to market open on 6 June 2013.

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