|Bid||31.95 x 100|
|Ask||34.35 x 300|
|Day's Range||32.00 - 32.55|
|52 Week Range||28.20 - 42.55|
|PE Ratio (TTM)||5.99|
|Forward Dividend & Yield||0.80 (2.28%)|
|1y Target Est||78.00|
In the battle of two very different sequels at the box office this weekend, Denzel Washington's action pic "The Equalizer 2" has narrowly won out over the ABBA jukebox musical "Mamma Mia! ...
The 14-year veteran of the studio has denied the allegations and is reportedly considering legal action.
Paramount Television President Amy Powell, the executive behind such shows as “The Alienist” and “13 Reasons Why,” was ousted from the company over allegations that she made racially insensitive remarks. Jim Gianopulos, head of Paramount Pictures, said in a memo to staff that “multiple individuals came to us to raise concerns around comments made by Amy Powell in a professional setting.” After discussing the remarks with the Viacom Inc. division’s human-resources and legal teams, Paramount “made the decision to terminate Amy’s employment, effective immediately,” he said. Powell allegedly made the remarks during a discussion about the “First Wives Club” reboot, a project that features a mostly black cast, according to the Hollywood Reporter.
unit was fired Thursday for inappropriate remarks. Amy Powell, who ran the unit for five years, was let go because of comments “inconsistent with our company’s values,” said Paramount Pictures Chairman and Chief Executive Jim Gianopulos in a memo to the studio.
Telecommunication conglomerates are set to benefit from the removal of net neutrality laws. Discover three ETFs to gain exposure to these companies.
Some board members discussed the special dividend, designed to dilute the Redstones’ controlling interest, with Martin Lipton, the board’s veteran corporate lawyer, “any number of times over the years,’’ according to a Delaware Chancery Court filing. The filing indicates the clash between Les Moonves, CBS’s chief executive officer, and Shari Redstone, president of the controlling shareholder National Amusements Inc., over the fate of America’s No. 1 prime-time TV network has been brewing for years.
PocketWatch Raises $15 Million to Entertain Kids PocketWatch Inc. has raised a $15 million Series B led by Viacom Inc., with participation from existing investors, including Greycroft and UTA Ventures.
DAZN, the U.K. sports streaming platform, is launching in the U.S. in September with exclusive boxing and MMA fights and aims to be a Netflix for live sports.
Viacom (NASDAQ: VIAB, VIA) flagship properties Nickelodeon and Paramount Pictures announced today a relaunch of the iconic kids’ TV series Rugrats, with a 26-episode greenlight from Nickelodeon, and a live-action film featuring CGI characters from Paramount Players. Both the TV series and the movie will include new adventures with beloved characters Tommy, Chuckie, Phil, Lil, Susie and Angelica, and will also introduce a new world of characters.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Short interest is low for VIAB with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding VIAB totaled $705 million.
CARDI B AND THE CARTERS LEAD NOMINATIONS FOR THE 2018 “VMAS”AIRING LIVE ON MTVMONDAY, AUGUST 20 AT 9:00 PM ET/PT FROM RADIO CITY MUSIC HALL
Credit Suisse analyst Douglas Mitchelson on July 11 initiated coverage on a slew of telecom and media stocks A theme central to all of the ratings was “convergence” between the two sectors — which companies are well-positioned and how are they going about it. AT&T Inc. (NYSE: T) initiated at Underperform, price target $29. Verizon Communications Inc. (NYSE: VZ) initiated at Outperform, price target $58.
LOS ANGELES (AP) — "Hotel Transylvania 3: Summer Vacation" has checked into the No. 1 spot at the box office in its opening weekend and left the Dwayne Johnson action thriller, "Skyscraper," in the dust.
Short interest is low for VIAB with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
Philo has one of the cheapest skinny bundles on the market, and the San Francisco-based live-streaming television service has raised another $40 million to get the word out about it. Existing investors AMC Networks, Discovery and Viacom led the Series C round, which brings the company’s total funding to more than $90 million. Philo has also launched on Amazon Fire TV and Apple TV, adding to a list of platforms that subscribers can use to access the service that already included Roku devices, desktop and web browsers, iPhones and Android devices via Chrome (with a native app coming soon), as well as more than 35 participating TV Everywhere apps.
Nickelodeon International’s Together For Good and African Wildlife Foundation (AWF) today launched their first collaboration: the Together for Good Wildlife Special, an educational mini-series created to inspire kids to raise awareness about endangered wildlife and empower them to become change-makers. In commemoration, Nickelodeon today also launched a Tanzania environment within its hit educational geography app, Dora’s Worldwide Adventure. “Our research shows that 73 percent of kids aged 6-11 think their age group has the potential to change the world for the better,1 and we want to give them the tools to do just that,” said Bradley Archer-Haynes, Vice President, Corporate Social Responsibility, Nickelodeon International.
Marvel’s “Avenger’s: Infinity War” and Pixar’s “Incredibles 2” were major contributors, with domestic grosses of $672.5 million and $439.7 million. U.S. box office revenues hit a record $3.3 billion in the second quarter, thanks to a strong run of blockbuster sequels and family-friendly films. Box office revenues from April to June are up 22.9% since the same time span last year, making the second quarter the largest quarter in cinema history.
The first half of 2018 was characterized by bickering between CBS (CBS) and Viacom (VIA) (VIAB). The Redstone family, which controls both broadcasting powerhouses through an entity known as National Amusements, has long expressed interest in merging them. In September 2016, National Amusements, whose chair is Shari Redstone, the daughter of media mogul Sumner Redstone, asked CBS and Viacom to explore a merger.