Viacom is reporting an 18 percent drop in second-quarter net income due to lower revenue, especially from its filmed entertainment division that includes Paramount Pictures.
May 01, 2013
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In a bid to jumpstart its fledgling online entertainment system, Hollywood studios are resorting to a time-honored tactic: giving stuff away.
Jan 08, 2013
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(AP)—The big deal for Hollywood is not the record $10.8 billion that studios took in domestically in 2012. It's the fact that the number of tickets sold went up for the first time in three years.
Dec 26, 2012
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(AP)—Viacom says net income grew 13 percent in the most recent quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release.
Nov 15, 2012
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(AP)—Amazon.com's Internet video library is gaining more box-office appeal under a licensing deal with Epix that threatens to undercut Netflix leadership in a growing market that's transforming the entertainment industry.
Sep 04, 2012
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Apple launched its iTunes Store in 12 Asian markets on Wednesday, giving consumers access to millions of songs and movies, but regional giants China, India and Indonesia were not on the list.
Jun 27, 2012
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(AP) -- YouTube and Paramount Pictures have reached a deal to make nearly 500 films available to rent online, even while their parent companies continue to feud over a $1 billion lawsuit.
Apr 04, 2012
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(AP) -- Wal-Mart pledged to help introduce Hollywood's emerging online movie locker system to its customers, many of whom have never owned anything digital in their lives.
Mar 13, 2012
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(AP) -- 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.
Feb 24, 2012
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Amazon announced a deal with entertainment giant Viacom on Wednesday, building up its arsenal of television shows as it takes on video streaming market leader Netflix.
Feb 08, 2012
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(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series ...
Feb 02, 2012
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(AP) -- Viacom says it 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.
Nov 10, 2011
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(AP) -- Four decades after winning Academy Awards for its cinema lenses, Canon Inc. was back in Hollywood on Thursday, unveiling a new high-end digital video camera before an audience of some of the world's ...
Nov 04, 2011
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Streaming movies might not yet have the equivalent of a theater experience, with roaring crowds crunching on popcorn, but they are getting more social.
Aug 30, 2011
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Nine studio executives sat in a glass-enclosed conference room in Beverly Hills, Calif., discussing potential snowy locales for filming later this year.
Jul 22, 2011
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