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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 fiscal 2Q net income up 16 pct

Viacom is reporting a 16 percent jump in net income for the first quarter thanks in part to smaller losses at its film division.

Viacom 2Q profits fall, but beats expectations

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.

Comedy Central to launch Twitter comedy festival

Putting a new test to the adage that brevity is the soul of wit, Comedy Central is partnering with Twitter for a comedy festival played out in 140 characters and 6-second videos.

Cablevision sues Viacom over channel bundling

Cable TV company Cablevision says that it is suing Viacom, arguing that the operator of pay-TV networks like Nickelodeon, MTV and Comedy Central is "illegally forcing" it to carry 14 channels that aren't watched very much.

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