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Viacom owner throws up hurdle to Paramount sale

In a move that further undermines Viacom CEO Philippe Dauman, the company's controlling shareholder said Monday it amended Viacom's bylaws to require unanimous board approval for any full or partial sale of movie studio Paramount ...

YouTube plans Internet television service: report

YouTube plans to launch a service that streams cable television channels to viewers over the Internet for the price of a subscription, Bloomberg reported on Wednesday.

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 announces layoffs, $785M in expenses

Media giant Viacom Inc. on Monday announced a round of layoffs and restructuring that will result in it booking $785 million in special expenses in its recently ended quarter.

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