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Viacom Profit UP On Cost-Cutting

AP | RYAN NAKASHIMA | Posted 05.25.2011 | Media

LOS ANGELES — Cost-cutting at Paramount Pictures boosted profits at media giant Viacom Inc., but advertisers remained cautious about spending mo...


Shawn Amos | Posted 05.25.2011 | Media
Shawn Amos

So MTV has finally admitted what we've all known for years: it's not about the music anymore. This week, the network debuted its new logo, with its formerly defining tag-line -- "Music Television" -- gone for good.

Nick Cannon: The NCredible

Timothy Cooper | Posted 05.25.2011 | Entertainment
Timothy Cooper

Cannon's success with creating material for Viacom has made him a true force in today's media circles.

The Publishers Run into Sharp Elbows

William Petrocelli | Posted 05.25.2011 | Books
William Petrocelli

Many familiar independent booksellers are gone, and they've been replaced by big-box retailers with far sharper elbows. At the moment, they -- not the publishers -- appear to be controlling the book business.

Sumner Redstone Sells Shares Of Viacom, CBS

Posted 05.25.2011 | Media


Viacom Profit Up 15%

AP | ANDREW VANACORE | Posted 05.25.2011 | Media

NEW YORK — G.I. Joe and the Transformers came to Viacom Inc.'s rescue in the third quarter, helping boost the company's earnings 15 percent with...

Sumner Redstone Sells Shares Of Viacom, CBS

AP | Posted 05.25.2011 | Media

NEW YORK — Media mogul Sumner Redstone's holding company, National Amusements Inc., is selling some of its stake in CBS Corp. and Viacom Inc. as well as 35 movie theaters to pay off its debts.

The moves will raise around $1 billion in cash and allow National Amusements to meet a $500 million debt payment this month, alleviating concerns that the company could lose control of the media conglomerates or run into trouble with its creditors.

With the asset sales, National Amusements will retain more than 75 percent voting control of both CBS and Viacom while helping pay off some $1.46 billion in debt.

The company ran into problems with its debt late last year as stocks tumbled and the credit markets seized.

It said it did not intend to reduce its stakes further.

Breaking: Fox News Spun Off to Viacom

Gerald Sindell | Posted 05.25.2011 | Comedy
Gerald Sindell

Asked what she might need to do in order to make Fox News a better fit with the Comedy Channel formula, Viacom's MTV networks CEO, Judy McGrath replied, "Absolutely nothing."

Women in Hip-Hop: The B-girl Be Festival

Lauri Lyons | Posted 05.25.2011 | Entertainment
Read More: Afrika Bambaataa, Tommy Boy Records, Rapper's Delight, Spray Paint, Urban Culture, South Bronx, Salt -N- Pepa, Female Rappers, Music, Mc's, 1970's, Spinderella, Angie Stone, Planet Rock, Aerosol Paint, Africa, Graffiti, Soul Music, Martial Arts, African-American, Women, Sugar Hill Gang, Rap, Brazil, Sugar Hill Records, Hip-Hop, Mc Lyte, Jazzy Joyce, Dancing, 1981, Microphone, Breakdancing, Soul Sonic Force, Capoiera, Dj, The Sequence, 1979, Monica Lynch, Sylvia Robinson, Turntables, Costumes, Black Women, Clothing, Harris Publications, Whitney Museum of Art, Business, Vh1, Stylist, Hip Hop Records, The Oscars, Photographers, Spotlight, Image Makers, Editors, DJ Beverly Bond, Publicist, Behind the Scenes, Magazines, Music Careers, Queen Latifah, Bet, Hip-Hop Films, Fox Network, Denise Dee Barnes, Wendy Williams, Female Graffiti Artists, Fetish, Art, Mtv, Choreographers, Subways, Living Single, Pump It Up!, Hot 97, Multi-Tasking, The Source Magazine, The Wendy Williams Show, Photography, Guidence, Murals, Mentoring, 1990's, Cover Girl, Metropolitan Museum of Art, Flip Mode Squad, Images, Apparel, Wild Style, Lady Pink, Sarah A. Friedman, Eve, New York City, Music Videos, Dancers, Black Girls Rock Inc!, XXL Magazine, Costume Design, Entrepreneurers, Vibe Magazine, Art Museums, Viacom, June Ambrose, Leadership, Alumni, Jennifer Lopez, Elements, Michelle Spaise, Minneapolis, TV Shows, Curator, J-Lo, Exhibitions, Rosie Perez, Making the Band, Future, Past, B-Girl Be, Living Color, Festivals, B-Girl, Painting, Tv, Fly Girls, Unleash, Theresa Sweetland, Politics, Video, Political Activism, Female Artists, Art Festival, Laurie Ann Gibson, Education, Tv Sitcoms, Spike Lee, Midwest, Deanna Cummings, Minnesota, Expression, Mama, Television, Activism, Mama Said Knock U Out, Brewing, Do the Right Thing, Concerts, Lauri Lyons, Social Activism, Visual Art, Women in Hip-Hop, Mother, Communication, Intermedia Arts, Sculpture, Commissions, faith47, Sound, Cinema, Music Downloads, Arts Education, Installations, Mixed Media, Art Commistions, Roxanne Shante, Martha Cooper, Marketplace, Fashion, Museums, Art World, Block Parties, Albums, Textiles, October, Youth, Film, Streets, Records, September, Girls, Youth Programs, Cd's, Recording Technology, History, Technology, College, Balls, Music History, Belle, Music School, Universities, Money, Comeback, Scholarship, Undergraduate, School, Diploma, Language, Hip-Hop Studies, Fellowship, Mcnally Smith School of Music, Recording, Music Business, Author, Fab Five Freddie, Flag International, Video Music Box, Yo! Mtv Raps, Flag an American Story, The Bridge, Ralph Mcdaniels, Vinyl Records, Prince, Juxtaposition Arts, Stefskills, Sarah White, Jennifer Rasinski, Corinne Santiago, C-Rocka, Keegan Xavi, Jessica Kitzman, Janelle Olson, Toofly, Tiffany Smith, Niz, Lichiban, Katrina Knutson, Jamel Shabbaz, Tamiko Mitchel, Erotica 67, Motel 7, Ladykfever, Monica Kelly, Amanda Lopez, Abeni Garrett, Desdamona, Catiesha Pierson, B-Fresh, Wendy Williams Show, Alice Mizrachi, Niz Graphics, Kanye West, Chanel Kennebrew, Shannon Joyce, Manifesto Festival, VH-1 Hip-Hop Honors, MTV VMA, Michaela Angela Davis, Essence Magazine, Dream Hampton, Amsterdam, London, South Africa, Charlie Ahearn, Henry Chalfant, Japan, Jamaica, Walker Art Center, Toronto, France, Cuba, In the Frame, Harvard, Rhode Island School of Design, Zimbabwe, Barcelona, Argentina, San Francisco, Represent Inc., International Center of Photography, Berlin, Germany, Belgium, Spraycan Art, James Prigoff, Puerto Rico, Powerhouse, Minneapolis College of Art and Design, Mexico, Sao Paulo, Norway, Paris, Star Tribune, Kulture Klub, Tokyo, Mexico City, Bronx, Zulu Nation, Hip-Hop Degree, Kimora Lee Simmon, Baby Phat, U.K., Russell Simmons, Phat Farm, Getty Images, Icp, Somalia, Somalis, Bling a Planet Rock, Raquel Cepeda, Black History Month, African American Photographers, Black Female Photographers, Female Photographers, Black Photographers, Carribean Photographers, Carribean Artists, Black Journalists, African American Journalists, Entertainment News
Lauri Lyons

When it comes to women in hip-hop, don't call it a comeback. Women have been here for years.

Hollywood, Recording Industry Beg Obama to Help Save Them From Pirates

Sam Gustin | Posted 05.25.2011 | Politics
Sam Gustin

Faced with the global menace of digital piracy, some of the largest entertainment companies in the world have banded together to beg the Obama adminis...

Being Concerned about 'the Least of These'

Judith Ellis | Posted 05.25.2011 | Politics
Judith Ellis

When I meet parents and children for the first time who have been foreclosed on, it is the look in the kids' eyes that tell the story of hardship.

Investors Worrying Comcast Will Try To Acquire Viacom Or Time Warner

Reuters | Posted 05.25.2011 | Media

Investors worry that Comcast might use growing cash reserves to go after names such as Viacom Inc, owner of MTV Networks and Paramount film studio, or...

Viacom Profit Falls 32% In 2Q

AP | ANDREW VANACORE | Posted 05.25.2011 | Media

NEW YORK — Viacom Inc. struck a hopeful note on advertising for the rest of the year even as the media conglomerate controlled by Sumner Redston...

What Is the Use Of Having Power If You Don't Abuse It?

Norman Horowitz | Posted 05.25.2011 | Media
Norman Horowitz

In order to confuse those who from time to time come across something that I write, I have decided to deal in one article with some of the "transgress...

Viacom CEO Philippe Dauman: Ad Sales Stabilizing

Hollywood Reporter | Posted 05.25.2011 | Media

NEW YORK -- Viacom president and CEO Philippe Dauman predicted a drawn-out upfront advertising market Wednesday and reiterated that ad sales have stab...

Dennis Perrin Sounds Off on Jon Stewart, Barack Obama, and The Nation

Christian Avard | Posted 05.25.2011 | Entertainment
Christian Avard

Dennis Perrin: I would like to see more direct action but I knew early on in the Obama administration that it was just not going to happen.

Disney Inks Deal with Hulu: MediaBytes with Shelly Palmer May 1, 2009

Shelly Palmer | Posted 05.25.2011 | Media
Shelly Palmer

Disney has officially become an equity-owning partner in NBCU-Fox venture Hulu.

Viacom Earnings Fall 34%

AP | Posted 05.25.2011 | Media

NEW YORK — Media conglomerate Viacom Inc. said Thursday its first-quarter profit fell 34 percent, hurt by falling ad and entertainment revenue. ...

Gates Foundation, Viacom Partner For "Message Placement" On TV Shows

New York Times | Tim Arango and Brian Stelter | Posted 05.25.2011 | Media

Now the Gates Foundation is set to expand its involvement and spend more money on influencing popular culture through a deal with Viacom, the parent c...

Sumner Redstone Wins Debt Restructuring Deal, Buys Two Years' Breathing Room

AP | RYAN NAKASHIMA | Posted 05.25.2011 | Media

LOS ANGELES — Billionaire media mogul Sumner Redstone's family theater chain, National Amusements Inc., said Friday it has reached an agreement ...

Viacom's Redstone Optimistic As Profit Falls

New York Times | Tim Arango | Posted 05.25.2011 | Media

The various legacies of Sumner M. Redstone, the 85-year-old mogul, were rippling across the media industry on Thursday. Midway Games, the Chicago vid...

Viacom Profit Falls, Media Networks Revenue Actually Up

AP | RYAN NAKASHIMA | Posted 05.25.2011 | Media
Read More: Viacom, Media News

LOS ANGELES — Viacom Inc., the media conglomerate controlled by Sumner Redstone, said Thursday its fourth-quarter profit fell 69 percent as the ...

CBS Can't Die

Ed Madison | Posted 05.25.2011 | Media
Ed Madison

Years earlier, right out of college, I was hired to join the team that launched CNN. Visionary Ted Turner had this crazy notion that people would want to watch 24 hours of non-stop news.

On TV, Life, and Gossip Girl

Kim Stolz | Posted 05.25.2011 | Entertainment
Kim Stolz

Television is reflective of the economic downturn and fiercely threatened media climate that we are living in now -- it is no surprise that Dirty Jobs and other "blue collar"-like shows are thriving.

Viacom And Time Warner Agree On Fees

AP | RYAN NAKASHIMA | Posted 05.25.2011 | Media

LOS ANGELES — There's no need to cry, Dora. The programmer Viacom and Time Warner Cable agreed on compensation that preserved access for the ca...