Viacom has named Robert Bakish as acting president and chief executive to succeed interim CEO Tom Dooley, who is leaving the media conglomerate.
Facebook on Wednesday released a Notify application designed to keep iPhone users up to speed on the latest news and entertainment happenings.
Disappearing messaging platform Snapchat is winding down its own channel for original content called Snap Channel, with layoffs potentially affecting about a dozen people, although they could be rehired in other roles.
Snapchat has replaced Yahoo and Warner Music Group with iHeartRadio and Buzzfeed on the list of about a dozen media organizations that get a big opportunity to generate revenue through the popular entertainment app.
Popular disappearing-message app Snapchat is introducing content from media companies such as Vice, CNN and People to its service as it works to broaden its audience.
Viacom said Thursday that its second-quarter profit rose 4 percent, boosted by strong results at its TV networks that offset a decline at its movie-making business.
Google and Viacom announced a settlement Tuesday in a long-running lawsuit claiming the Internet giant's YouTube video-sharing site promoted copyright infringement.
Viacom is reporting a 16 percent jump in net income for the first quarter thanks in part to smaller losses at its film division.
(AP)—Amazon says it will start production on a pair of new comedy shows and three new kids shows to air later this year and early next year on its video streaming service.
Yahoo! pulled back the curtain on a new line-up of online shows along with new ways it will pair advertising with content at its websites.