Viacom News

Copyright owners from around the world, including American music publishers and a U.K. soccer league, banded together with much fanfare in 2007 to bring a class action lawsuit against YouTube LLC and its parent Google Inc.

Zachary Quinto, left, and Chris Pine star as Spock and Captain James Kirk in Paramount Pictures' "Star Trek Into Darkness". "Star Trek Into Darkness," the second installment in director J.J. Abrams 's reboot of the science-fiction series, is forecast to take in $112 million in its debut, boosted by an early start in theaters this weekend.

A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc over the use of material posted on YouTube without their permission.

The cable industry's biggest annual gathering, held in Washington, D.C., will feature TV industry leaders, politicians and a keynote address by the U.S. secretary of education.

Sumner Redstone, 89, is the majority owner and chairman of the National Amusements chain, through which he controls the US TV stations CBS, MTV, Showtime, Nickelodeon and BET, among others, the film studio Paramount Pictures, various publishing houses and 1,500 movie screens across the United States, the UK, Latin America and Russia.

Broadcast and cable networks like CBS and Viacom Inc. 's Nickelodeon are failing to get paid for surging Web audiences because those viewers are almost invisible to Nielsen Holdings NV .

Shares of Viacom traded down 0.62% during mid-day trading on Monday, hitting $68.57. Viacom has a 52 week low of $35.13 and a 52 week high of $49.85. The stock's 50-day moving average is currently $46.9. The company has a market cap of $33.251 billion and a P/E ratio of 16.66. Viacom last issued its quarterly earnings data on Wednesday, May 1st.

"Iron Man 3" maintained its box office mettle with $72.5 million in its second weekend, while "The Great Gatsby" proved a strong runner-up with a $50.1 million debut.

High Noon Entertainment, the producers behind TLC's Cake Boss , is adding two more series to its slate -- this time targeting the Hispanic audience.

Media CEOs don't run their companies by themselves. Having looked at chiefs whose pay is out of whack , and those who are paid the most , here are others of note: the five best compensated company chairs, COOs, CFOs, and General Counsels as well as 10 other execs with standout compensation.

Following are the top 10 movies at North American box offices for the three-day weekend starting May 10, led by "Iron Man 3," according to studio estimates compiled by Reuters.

Playing it safe; that is what the United States film industry has on its agenda.

Paramount Pictures, a division of Viacom, Inc., announced today that Vince Vaughn has been cast in the comedy "DADDY'S HOME," directed by Etan Cohen and starring Will Ferrell.

VIAB has been the subject of a number of other recent research reports. Analysts at Barclays Capital raised their price target on shares of Viacom from $68.00 to $73.00 in a research note to investors on Thursday, May 2nd.

Sen. John McCain talks to the press after a special closed meeting of the U.S. Senate Armed Services Committee, also attended by senior figures of the U.S. army on Capitol Hill in Washington, May 4, 2004.

Viacom Inc said on Wednesday a $1 billion lawsuit by Cablevision Systems Corp accusing it of forcing cable providers and subscribers to buy channels they don't want, should be thrown out.

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

MTV , a unit of Viacom Inc, today announced the 2014 dates for the biggest nights in movies and music, the "MTV Movie Awards" and the "MTV Video Music Awards." With an unparalleled reputation for delivering unforgettable music performances and unpredictable, viral moments, audiences can always expect the unexpected when the 2014 "MTV Movie Awards" ... (more)

YouTube introduces paid subscription channels . MAY 08, 2013 02:43. . YouTube, the world's largest video sharing website offering free video clips, will officially introduce paid subscription channels this week.

Companies can reward owners with their earnings power in two ways: pay cash dividends, or repurchase shares.