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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 ...
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.
China's Dalian Wanda Group is in talks with Viacom about buying 49% of the studio, according to people familiar with the discussions. Fox Business Personal Finance ...
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's new CEO, Bob Bakish, said the company would focus its resources on its "Flagship Six" brands: MTV, Comedy Central, BET, Nickelodeon, Nick Jr. and Paramount. News Home Page ...
Media conglomerate Viacom plans to sell a minority stake in the company's Paramount film studio, CEO Philippe Dauman said Tuesday. Dauman made the announcement at a media conference in New York.
LOS ANGELES Paramount Pictures Chief Executive Brad Grey is facing the pitch meeting of his life. As head of one of Hollywood's oldest and most iconic movie studios, Mr. Grey has overseen many ...
The parent company's woes have taken a toll at the studio. Its latest release, "Ben-Hur," cost $100 million to make, but only brought in $11.4 million on its opening weekend.
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 ...
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.
Paramount Pictures may want to replace the famous soaring mountain peak logo with a volcano — given the hot-as-lava vitriol spewing from the Viacom board. Embattled Viacom Chief Executive ...
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