Viacom CEO Expects “Compelling” Deal for Sale of Paramount Stake by Mid-Year. With management saying the studio will record a loss this fiscal year and weakness elsewhere, Philippe Dauman says ...

Studio employees and a handful of dignitaries gathered to salute Sumner Redstone, the 89-year-old executive chairman of Viacom Inc., parent company of Paramount.

Viacom Inc. closed the books on a bruising fiscal year, reporting a 5% decline in fourth-quarter revenue due to lower cable TV advertising sales and a paltry film slate from Paramount Pictures.

Viacom CEO: “Paramount Will Turn Around,” Studio Financials Will Improve “Significantly” in Coming Years "We simply did not have enough films in the pipeline this year to take full ...

ViacomCBS changes corporate name to Paramount 00:21. ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading ...

Viacom is looking ahead to 2019 as the year when Paramount realizes the first fruits of the Gianopulos regime. Viacom’s cable networks, of course, move at a faster pace.

Paramount Pictures hasn’t exactly been the strongest leg for struggling parent company Viacom, and 2015’s fiscal fourth quarter was no exception to the movie studio’s continued revenue decline.

In March of 1994, Viacom bought 61.7 million shares in Paramount to take control of the company, in a deal valued at between $9.5 billion and $10.1 billion by Variety at the time. It beat out home ...

The pair also disclosed that Paramount has upgrade its financial guidance for Wall Street, projecting that the company will reach 100 million streaming households worldwide by 2024.

Paramount Pictures is finally turning a corner, according to Bob Bakish, the chief executive of Viacom, the studio’s parent company. The legendary movie lot, which has been dogged by years of ...

Viacom Inc.’s new chief executive officer is bringing Paramount Pictures, the company’s prized movie studio, back into the fold just a few months after his predecessor tried to sell a large ...