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Viacom adjusted profit falls in 1Q, beats Street

Viacom says its net income rose sharply in its first fiscal quarter from results depressed by a large accounting charge in a year ago. But its revenue fell due to drop at its Paramount studio business and lower advertising ...

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.

Viacom slashes exec pay amid lawsuit over Redstone's health

Viacom Inc. on Wednesday pre-released details about executive pay that show an 85 percent drop in compensation for its ailing 92-year-old executive chairman, Sumner Redstone, amid legal battles questioning his health and ...

Viacom 4Q earnings up 13 pct despite revenue drop

(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.

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