Amazon in streaming video deal with Viacom

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.

Viacom 1Q earnings shredded by 'Rock Band'

(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 of video games.

Viacom 4Q earnings, revenue up on 'Transformers'

(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.

Canon offers new camera for Hollywood filmmakers

(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 most famous filmmakers.

Paramount in trial deal to supply DVDs to Redbox

(AP) -- Movie studio Paramount Pictures is following the lead of Lions Gate Entertainment Corp. and Sony Corp. by agreeing to supply films to $1-per-night DVD rental kiosk company Redbox.

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