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  • Viacom adjusted profit, revenue fall in 1Q

    Viacom Inc. said Thursday that net income rose sharply in its fiscal first quarter compared with results depressed by a large accounting charge a year ago. But its revenue and adjusted earnings fell because of a decline at its Paramount studio business and lower advertising revenue at its Nickelodeon television channels.

  • Viacom adjusted profit falls in 1Q, beats Street

    Viacom Inc. said Thursday that net income rose sharply in its fiscal first quarter compared with results depressed by a large accounting charge a year ago. But its revenue and adjusted earnings fell because of a drop at its Paramount studio business and lower advertising revenue at its Nickelodeon television channels.

  • Viacom 4Q earnings up 13 pct despite revenue drop

    Viacom Inc., owner of the Paramount movie studio and several cable TV channels, said Thursday that net income grew 13 percent in the latest quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release and a drop in television ad revenue.

  • Tuning in to TV: Tom Hanks lets ‘f-bomb’ slip on ‘Good Morning America’

    ABC and Tom Hanks are apologizing after the actor let slip a swear word during a live appearance on "Good Morning America."

  • CBS chief Moonves gets another signing bonus

    Two years after granting CEO Leslie Moonves a bundle of stock options as a bonus for signing a long-term contract, CBS Corp. is giving him another signing bonus worth $22 million after extending his contract through the middle of 2017.

  • Viacom 3Q profit down 7 pct on TV ad decline

    Viacom Inc., the owner of Paramount Pictures, MTV and Nickelodeon, on Friday said that its net income fell 7 percent in the latest quarter as advertising revenue declined more than expected and its movie releases failed to measure up to last year's.

  • Moonves

    Stock boosts CBS chief Moonves' pay to $68M

    CBS Corp. shares have been steadily rising over the last three years, and that has helped boost the pay of its chief executive, Leslie Moonves.

  • CBS CEO Moonves' pay hits $68 million in 2011

    CBS Corp. shares have been steadily rising over the last three years, and that has helped boost the pay of its chief executive, Leslie Moonves.

  • Kodak _ and film _ saying goodbye to the Oscars

    Each year at the Oscars ceremony, Hollywood says goodbye to stars and filmmakers who've died. This year, the award show will bid adieu to the Kodak Theatre.

  • Apple CEO Tim Cook could top pay list in 2011

    Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before co-founder Steve Jobs died.

  • Apple CEO Tim Cook could top pay list in 2011

    Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before co-founder Steve Jobs died.

  • Viacom 4Q earnings, revenue up on 'Transformers'

    Viacom turned the success of "Transformers: Dark of the Moon" into a pile of money in its latest quarter, as earnings tripled and revenue grew 22 percent.

  • Robert Iger

    CEOs rake in big bucks again

    In the boardroom, it's as if the Great Recession never happened. CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.

  • MTV CEO Judy McGrath stepping down

    MTV Networks CEO Judy McGrath is stepping down from the company she helped turn into a pop culture icon in the three decades since she began working there as a copywriter.

  • FILE - In this Jan. 19, 2010 file photo, the logo above the entrance to Viacom's headquarters is shown, in New York. Viacom reports its earnings tumbled in the third quarter Thursday, Nov. 11, 2010, because of results from a division that the media company led by Sumner Redstone plans to sell.(AP Photo/Mark Lennihan, file)

    Viacom to sell 'Rock Band'; earnings top estimates

    For Viacom Inc., Thursday was the day the music died.

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