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Viacom Inc (VIAB.OQ)

VIAB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Viacom announces cash tender offers for up to $1.0 billion aggregate purchase price
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Viacom Inc :Viacom announces cash tender offers for up to $1.0 billion aggregate purchase price of certain outstanding debt securities.Viacom Inc - ‍offers are scheduled to expire at 11:59 p.m., New York City time, on December 19, 2017, unless extended or earlier terminated by Viacom​.  Full Article

Viacom reports Q4 profit $1.67‍​/shr
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Viacom Inc :Viacom reports fourth quarter and full year growth.Viacom Inc - ‍quarterly GAAP revenues increased 3% to $3.32 billion​.Viacom Inc - qtrly adjusted diluted EPS from continuing operations $0.77 ‍​.Q4 earnings per share view $0.86, revenue view $3.23 billion -- Thomson Reuters I/B/E/S.Viacom Inc - qtrly GAAP diluted EPS from continuing operations $1.67‍​.Viacom Inc - qtrly advertising revenues were up 6% to $1.22 billion, with domestic advertising revenues flat at $936 million‍​.Viacom Inc qtrly media networks​ revenues increased 3% to $2.55 billion.Viacom Inc - filmed entertainment quarterly revenues improved 2% to $789 million‍​.  Full Article

Viacom and charter communications announce renewal of distribution agreement
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Charter Communications Inc :Viacom and Charter Communications announce renewal of distribution agreement.Viacom Inc - ‍Other terms of agreements were not disclosed​.Viacom - Co, Charter also entered into partnership for co-production of new original content to premiere for subscribers on charter's U.S. platform​.Viacom -Charter to provide spectrum subscribers Viacom's networks,including nickelodeon,mtv,comedy central, on spectrum select tier across its systems​.Viacom -‍Companies to collaborate on anonymized viewership data use, advanced advertising opportunities, addressing unauthorized password sharing​.Viacom Inc - ‍Additional Viacom networks will continue to be available on spectrum silver or spectrum gold tiers​.Viacom - To distribute co-produced programming internationally and in additional domestic networks after charter's premiere period​.Viacom Inc - ‍Under agreement, Viacom's Paramount television and Charter will jointly produce programming​.  Full Article

VIACOM SETS QUARTERLY CASH DIVIDEND OF $0.20/SHR ON CLASS A & CLASS B COMMON STOCK
Saturday, 11 Nov 2017 

Nov 10 (Reuters) - Viacom Inc ::VIACOM DECLARES QUARTERLY CASH DIVIDEND.VIACOM INC - ‍BOARD OF DIRECTORS HAS DECLARED A QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE ON BOTH CO'S CLASS A AND CLASS B COMMON STOCK​.  Full Article

Avid enters into multiyear enterprise agreement with Viacom
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Avid Technology Inc :Avid technology - ‍announced multiyear enterprise agreement with viacom to enhance worldwide production infrastructure on avid's mediacentral platform​.  Full Article

Paramount Pictures provides slate financing update
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Paramount Pictures::Paramount Pictures provides slate financing update.‍Paramount Pictures - ‍paramount Pictures and Huahua Media have mutually agreed to end their slate financing agreement​.Paramount Pictures - Viacom expects negative net impact of $59 million in Q4 in connection with termination of huahua agreement​.Paramount Pictures​- ‍Paramount secured series of individual agreements with financing partners, including Hasbro, Skydance Media and Sega, among others.‍Paramount Pictures - ‍Paramount Pictures, Huahua Media ended slate financing agreement following recent changes to chinese foreign investment policies​.‍Paramount Pictures - Paramount maintains relationship with Huahua and "looks forward to exploring opportunities to work together in future​".Paramount-Individual agreements ‍that will provide committed or expected financing for about 25% production costs of studio's film slate for 2018,2019 ​.  Full Article

Shari Redstone withdraws CBS-Viacom merger proposal - CNBC
Monday, 12 Dec 2016 

: Shari Redstone withdraws CBS-Viacom merger proposal - CNBC . Redstone back Viacom CEO; wants company independent - CNBC Further company coverage: [CBS.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Viacom board forms special committee to evaluate national amusements request
Saturday, 1 Oct 2016 

Viacom Inc : Special committee is comprised of independent directors thomas may and Nicole Seligman, who will act as co-chairs . Special committee has retained debevoise & Plimpton LLP as independent legal advisor, and expects to retain an independent financial advisor . National amusements, directly and through subsidiaries, owns approximately 80% of Class A (voting) common stock of both Viacom and Cbs . Viacom board forms special committee to evaluate national amusements request . Special committee is comprised of independent directors Thomas May and Nicole Seligman, who will act as co-chairs . Special committee is also comprised of Kenneth Lerer, Judith Mchale, Ronald Nelson and Charles Phillips .Formed special committee of independent directors to evaluate request by national amusements that co explore a potential combination with cbs.  Full Article

Viacom announces $1.3 bln debt offering
Friday, 30 Sep 2016 

Viacom Inc : Viacom announces $1.3 billion debt offering . Intends to use net proceeds from offering primarily for repayment of outstanding indebtedness . To sell $900 million in aggregate principal amount of 3.450% senior notes due 2026 at price equal to 99.481% of principal amount thereof .To sell $400 million in aggregate principal amount of 2.250% senior notes due 2022 at a price equal to 99.692% of principal amount thereof.  Full Article

Viacom files for two-part U.S. dollar offering of senior notes - SEC filing
Thursday, 29 Sep 2016 

Viacom Inc :Viacom Inc files for two-part U.S. dollar offering of senior notes - SEC filing.  Full Article

BRIEF-Viacom announces cash tender offers for up to $1.0 billion aggregate purchase price

* Viacom announces cash tender offers for up to $1.0 billion aggregate purchase price of certain outstanding debt securities