Low budget pics that clicked with auds like "The Devil Inside" fired up Viacom last quarter as net income surged 56% to $585 million.
Paramount's boffo year at the box office couldn't save it from red ink or offset a sharp 65% drop in net profit at parent Viacom resulting from a scuffle over videogame "Rock Band."
Hit pic "Transformers" powered Viacom's profit and yanked its film biz into the black last quarter, and CEO Philippe Dauman said the company's "very well positioned on an overall basis" to weather a…
Domestic Film DAILY
PROVIDED BY: Box Office
No Good Deed
No Good Deed1Daily:$1.6M Cumulative:$25.9M Sony / Screen Gems -71.48%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$578,865 Cumulative:$306.6M Disney -72.21%
Dolphin Tale 2
Dolphin Tale 23Daily:$522,465 Cumulative:$16.4M Warner Brothers -87.42%
Two weeks after they detached, CBS' little engine that could is slowing down -- while Viacom just keeps chugging along. After an opening week in which it outpaced its former sibling, CBS' value…
Viacom said Thursday that it plans to repurchase up to $3 billion of its own common shares, indicating it is leaning away from making significant acquisitions at this time.
It was wholly unsurprising that media stocks were walloped Wednesday along with the broader market -- which tumbled to its lowest levels since 1997 -- but it was completely unexpected that the…
Stock prices of Time Warner, Viacom and Fox Entertainment Group hit new highs Thursday as the broader market moved close to the 10,000 level of the Dow Jones industrial average.
Viacom Inc. treasurer Vaughn Clarke, a key figure in the company's capital-raising operations for the past five years, won't renew his contract when it expires Dec. 31, Viacom said Tuesday.
With less than 48 hours left before QVC Network's tender offer for Paramount Communications is set to expire, Wall Street has grown increasingly anxious over the likelihood of a higher bid from…