VIAB - Viacom Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
30.39
-0.41 (-1.33%)
As of 9:56AM EDT. Market open.
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Previous Close30.80
Open30.77
Bid30.45 x 800
Ask30.47 x 1200
Day's Range30.32 - 30.90
52 Week Range23.31 - 34.44
Volume328,459
Avg. Volume4,349,555
Market Cap12.478B
Beta (3Y Monthly)1.13
PE Ratio (TTM)7.59
EPS (TTM)4.00
Earnings DateMay 2, 2018 - May 7, 2018
Forward Dividend & Yield0.80 (2.60%)
Ex-Dividend Date2019-06-14
1y Target Est35.05
Trade prices are not sourced from all markets
  • BET Networks and Tyler Perry Studios to Launch BET+
    Business Wire2 hours ago

    BET Networks and Tyler Perry Studios to Launch BET+

    BET Networks, a unit of Viacom Media Networks (NASDAQ: VIAB, VIA), and Tyler Perry Studios today unveiled a new joint venture to launch BET+, a premier subscription video-on-demand service focused on the African American audience. Available to consumers this fall, BET+ will feature more than 1,000 hours of premium content including exclusive new original programming and fan-favorite series, movies, and specials from BET Networks, world-renowned creator Tyler Perry, and a host of leading African American content creators.

  • Rocked by Stock Collapse, ‘Hunger Games’ Studio Is Ready to Talk
    Bloomberg2 hours ago

    Rocked by Stock Collapse, ‘Hunger Games’ Studio Is Ready to Talk

    (Bloomberg) -- The studio that brought you “The Hunger Games,’’ “Mad Men’’ and “John Wick’’ is now facing its own existential question.Lions Gate Entertainment Corp. has lost more than half its market value over the last year as the once-idolized filmmaker struggles to find new megahits. On top of that, recent mergers have created entertainment behemoths that threaten to make smaller studios an afterthought in Hollywood’s new blockbuster environment.All that has created a new sense of urgency around the 22-year-old Lions Gate as it weighs its future: open itself to being acquired, sell off pieces, or try to bulk up to compete with the giants.“Some studios have scale and unfortunately some studios are now subscale,” said John Tinker, an analyst at Gabelli & Co. “The question is obviously, if you are a smaller studio and you do not own Marvel, what are you going to do?”Lions Gate declined to comment.The studio was formed in 1997 in Vancouver by movie-loving mining financier Frank Giustra. It made its name distributing R-rated movies like “American Psycho” and, with the acquisition of Summit Entertainment in 2012, was propelled into the big leagues by the teen-vampire “Twilight” film saga. That same year it also launched the “The Hunger Games’’ franchise. (The studio announced last week there might be a prequel.)But as a smaller company, Lions Gate has long been a target of merger speculation. Companies from Metro-Goldwyn-Mayer to Sony to CBS Corp. have been linked to potential deals. Two years ago, Lions Gate walked away from talks with game-maker Hasbro Inc. involving a $41 a share offer, worth almost $9 billion, people familiar with the situation said.Today, the stock trades at around $12, weighed down by two years of declining revenue in its motion picture division, and merger talks have picked up again. Lions Gate has held informal discussions in the past year with companies that may be interested in buying the whole business, people with knowledge of the situation said. But with the stock at seven-year lows, the studio isn’t interested in selling itself at the moment, people close to the situation said.A handful of other strategies are under discussion. One is to buy a stake in Miramax, the film producer formerly owned by the Weinstein brothers, one of the people said. Its current owner, beIn Media Group, has recently sought buyers for a minority stake. Such a move would give Lions Gate access to a library of Oscar-winning movies such as “Shakespeare in Love” and, more recently, revived franchises like “Halloween.” A Miramax spokesman declined to comment.Starz SaleThe company is also considering selling the studio’s pay-cable network Starz, which contributes more than half its profits. Lions Gate last month turned down a $5 billion informal bid from CBS for Starz, but a sale remains a possibility, according to people familiar with the situation. If that happens, industry sources say, a slimmed-down Lions Gate might become more attractive to potential bidders. Others suggest the studio would be a tough sell without Starz.Meanwhile, the studio is looking to raise perhaps several hundred million dollars from investors to expand Starz internationally. That effort will be slowed down by upcoming negotiations with AT&T’s DirecTV over fees to carry the channel.At recent stock prices, Lions Gate is valued at less than the sum of its parts, according to Tim Nollen, a Macquarie Capital analyst. Shares could be worth $21 in a breakup, with a $5 billion valuation for Starz, $1.5 billion for the motion picture unit and $1 billion for the TV segment.Malone StakeFor investors such as cable magnate John Malone, who first bought shares in 2015 at around $30, it’s a rare miss. He controls about 8% of Class A shares. Hedge fund manager Mark Rachesky, Lions Gate’s chairman, is the biggest investor with a 19% Class A stake. He has owned shares since 2004 and backed the studio in fighting off a takeover by Carl Icahn in 2010.A spokeswoman for Malone did not return requests for comment. A spokeswoman for Rachesky declined comment.Trends sweeping Hollywood will only make it more difficult for Lions Gate to remain independent. The merging of Disney and Fox’s film companies, and AT&T and Time Warner Inc., along with Comcast’s Universal Pictures, has created a trio of studios that own and produce well-known blockbuster movie franchises, such as the Marvel superhero universe and DC Comics. The result is a small group of big films increasingly dominating the box office.Netflix ProductionMoreover, buyers for Lions Gate’s typically mid-budget fare may be shrinking. Disney and WarnerMedia are investing billions in making their own shows to lure subscribers to new streaming services. Netflix Inc., too, is producing more and more of its original content in-house, a big change from the early days when Lions Gate’s “Orange Is the New Black’’ helped make the streaming channel required viewing. That trend could lessen demand for TV programs and films made by independent studios.Lions Gate has had some successes lately. “John Wick: Chapter 3--Parabellum” helped lift it to fourth in the box office this year, ahead of competitors like Viacom Inc.’s Paramount Pictures and Sony Pictures. And the studio is still finding buyers for its shows, recently selling to HBO, NBC and even streaming platforms run by WarnerMedia and Apple Inc.Jim Gianopulos, chief executive officer of one of the smaller shops, Paramount Studios, said that appealing programming will ultimately win out regardless of production size. “Scale has its virtues, but the creative process is independent of it,” Gianopulos said in an interview.But some analysts aren’t so confident.“For the longest time, people thought the studios would come out as the winners because they own the content,” Geetha Ranganathan, a Bloomberg Intelligence analyst, said. But in the wake of the mergers, “You need established franchises. If you don’t have scale, you can’t compete.”To contact the reporters on this story: Anousha Sakoui in Los Angeles at asakoui@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Larry ReibsteinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cardi B, Beyoncé, Bruno Mars, Migos, Michael B. Jordan, BLACKKKLANSMAN And Childish Gambino Take Top Honors At 2019 "BET Awards"
    PR Newswire8 hours ago

    Cardi B, Beyoncé, Bruno Mars, Migos, Michael B. Jordan, BLACKKKLANSMAN And Childish Gambino Take Top Honors At 2019 "BET Awards"

    NIPSEY HUSSLE POSTHUMOUSLY HONORED WITH HUMANITARIAN AWARD MARY J. BLIGE RECOGNIZED WITH PRESTIGIOUS LIFETIME ACHIEVEMENT AWARD AND TYLER PERRY PRESENTED WITH ULTIMATE ICON AWARD CARDI B, MARY J. BLIGE, ...

  • Business Wire4 days ago

    BET Networks and Tyler Perry Studios Announce Perry’s First Original Series, “The Oval,” to Launch the Content Creator’s Exclusive Programming for the Network

    BET Networks and Tyler Perry Studios announced today that a new original drama, “The Oval,” the first series under Perry’s exclusive, multi-year content partnership deal with Viacom (NASDAQ: VIAB, VIA) will begin principal photography this summer at Tyler Perry Studios. Starring Ed Quinn, Kron Moore, Paige Hurd and Daniel Croix Henderson, “The Oval,” will introduce viewers to the new first family moving into the White House.

  • Just Added As Performers At The 2019 "BET AWARDS"! Meek Mill, Fantasia, DaBaby, Jeremih, Kirk Franklin, Erica Campbell, Kelly Price And Jonathan McReynolds
    PR Newswire4 days ago

    Just Added As Performers At The 2019 "BET AWARDS"! Meek Mill, Fantasia, DaBaby, Jeremih, Kirk Franklin, Erica Campbell, Kelly Price And Jonathan McReynolds

    LA LA ANTHONY, AYESHA CURRY, LARENZ TATE, AMANDA SEALES, REVEREND AL SHARPTON, RYAN DESTINY, JACOB LATIMORE, RAPHAEL SAADIQ, MIKE COLTER, DAMSON IDRIS, JODIE TURNER-SMITH, MELINA MATSOUKAS ALSO ADDED AS ...

  • Company News For Jun 20, 2019
    Zacks4 days ago

    Company News For Jun 20, 2019

    Companies In The News Are: VIAB,CBS,ADBE,X,AGN,IRWD

  • Business Wire5 days ago

    BET Networks Unveils Inaugural Social Impact Conference, META Convened By BET Networks

    TODAY’S MOST INFLUENTIAL STRATEGIC THOUGHT-LEADERS ACROSS MEDIA, ENTERTAINMENT, AND TECHNOLOGY TO GATHER AND EXPLORE OPPORTUNITIES TO POSITIVELY IMPACT THE AFRICAN AMERICAN COMMUNI

  • MarketWatch5 days ago

    Stocks end higher after Fed bolsters rate-cut hopes

    U.S. stocks ended modestly higher Wednesday after the Federal Reserve left their benchmark interest rate unchanged at a range between 2.25% and 2.50%, but opened the door to rate cuts later this year. The S&P 500 was up 0.3% to end around 2,926. The Dow Jones Industrial Average advanced 29 points, or 0.1%, to finish near 26,504, based on preliminary numbers. The Nasdaq Composite was up 0.4% to finish around 7,987. The U.S. central bank took out the phrase "patience" from its policy statement, and said it stood ready to act appropriately if risks to the economic outlook reared their head. The Fed's interest-rate projections also showed close to half the members of the central bank's policy-making group anticipated two rate cuts this year. The 10-year Treasury note yield fell to 2.02%, its lowest since Nov. 8 2016. In company news, shares of CBS Corp. were up 1% after news reports said the media giant was readying an offer to buy Viacom Inc.

  • TheStreet.com5 days ago

    Fed Up? Jim Cramer on Jerome Powell's Future, Adobe, and CBS/Viacom

    Is Jerome Powell's Job in Jeopardy? Tuesday afternoon, President Donald Trump was asked about Jerome Powell and whether or not the Fed chair's job is safe. Trump told White House reporters yesterday, "Let's see what he does," ahead of the Federal Reserve decision on interest rates.

  • TheStreet.com5 days ago

    Jerome Powell and the Fed, Adobe, Viacom, U.S. Steel - 5 Things You Must Know

    U.S. stock futures pointed to a mixed start for Wall Street on Wednesday as equity investors were hoping to get support from global central bank easing and fruitful U.S.-China trade talks. Contracts tied to the Dow Jones Industrial Average rose 2 points, futures for the S&P 500 were down 1.45 points, and Nasdaq futures slipped 2.25 points. With the Federal Reserve set to make an announcement on interest rates at 2 p.m. ET amid pressure from Donald Trump to "level the playing field" in global commerce with lower interest rates, and European Central Bank President Mario Draghi pledging to re-start the bank's €2.6 trillion bond buying program if growth and inflation continue to slow, investors have driven global stocks to multi-week highs.

  • TheStreet.com5 days ago

    CBS and Viacom Shares Edge Higher on Renewed Merger Talk Reports

    shares edged higher in pre-market trading Wednesday following a report that suggested it is prepared to make a third attempt to combine with Viacom Inc. The Wall Street Journal reported yesterday that CBS has held preliminary talks with Viacom, which was split from the broadcaster by Sumner Redstone in 2005, with an aim to merger to two groups in order to allow for better leverage in negotiations with advertisers in a media landscape that values scale over content. Viacom CEO Bob Bakish is said to be in "pole position" to lead the combined group, the Journal reported, although discussions are expected to be complicated by efforts to value each group in relation to the other.

  • After Hours: Adobe Beats on Cloud Performance, CBS Reportedly Making a New Play for Viacom
    Motley Fool5 days ago

    After Hours: Adobe Beats on Cloud Performance, CBS Reportedly Making a New Play for Viacom

    Adobe's subscription model is clearly working, and two big media companies seem to be getting closer to a remarriage.

  • J.J. Abrams may be near major deal with WarnerMedia
    American City Business Journals6 days ago

    J.J. Abrams may be near major deal with WarnerMedia

    Director and producer J.J. Abrams may be close to sealing a major television and film deal with WarnerMedia.

  • Business Wire6 days ago

    2019 MTV Movie & TV Awards #1 Cable Premiere of the Quarter

    TV’s #1 most social show of the night

  • Is Viacom Inc. (NASDAQ:VIAB) Trading At A 39% Discount?
    Simply Wall St.6 days ago

    Is Viacom Inc. (NASDAQ:VIAB) Trading At A 39% Discount?

    In this article we are going to estimate the intrinsic value of Viacom Inc. (NASDAQ:VIAB) by taking the expected...

  • Nickelodeon and Imagine Kids+Family Developing Original Live-Action Space Series
    Business Wire6 days ago

    Nickelodeon and Imagine Kids+Family Developing Original Live-Action Space Series

    Nickelodeon and Imagine Kids+Family are partnering to develop the original live-action series, Untitled Space Show (working title). Untitled Space Show will be showrun and written by Daniel Knauf (Carnivàle, The Blacklist) and centers around a group of kids who mistakenly launch into space. The series marks the first project co-produced by Nickelodeon and Imagine Kids+Family.

  • Business Wire6 days ago

    Nickelodeon Brings SpongeBob SquarePants’ Bikini Bottom to Life at Comic-Con International: San Diego July 18-21, 2019

    Nick’s 1800 Square-Foot Booth Commemorates 20 Years of the Iconic Series with Immersive Experience featuring The Krusty Krab, The Chum Bucket and Mrs. Puff’s Boating School

  • Business Wire6 days ago

    BET HER Presents the 2nd Annual BET HER Awards Hosted by Emmy Award-Winning Journalist Shaun Robinson Friday, June 21, 2019 at Milk Studios Los Angeles #BETHERAWARDS

    ACTRESS STORM REID, TRAILBLAZER ESI EGGLESTON BRACEY, ENTREPRENEUR COURTNEY ADELEYE, AND TECH DEVELOPER ERIN TEAGUE TO BE HONORED AT THIS YEAR’S CEREMONY

  • Trevor Noah’s Day Zero Productions Names Haroon Saleem President of Production
    Business Wire7 days ago

    Trevor Noah’s Day Zero Productions Names Haroon Saleem President of Production

    Viacom Inc. (NASDAQ: VIAB, VIA) and Day Zero Productions today announced Haroon Saleem as President of Production for Day Zero Productions, an international production and distribution company led by Trevor Noah, host of Comedy Central's "The Daily Show with Trevor Noah." Saleem is based in Los Angeles and reports directly to Noah.

  • Business Wire10 days ago

    TALES Returns to BET for Season 2 Featuring an Exclusive, Soon-to-Be-Released Song, “Brothers” by Kanye West Feat. Charlie Wilson, Produced by TALES Creator, Producer and Writer Irv ‘Gotti’ Lorenzo and Seven

    “BROTHERS” WILL DEBUT ON BET AND MTV GLOBALLY AND ON VH1’S INTERNATIONAL CHANNELS ON JULY 2ND WITH CAST INCLUDING ELIJAH KELLEY, DRAYA MICHELE, ISAIAH WASHINGTON, AND THOMAS Q. JON

  • Pluto TV expands free streaming network to Comcast’s Xfinity X1
    American City Business Journals11 days ago

    Pluto TV expands free streaming network to Comcast’s Xfinity X1

    Pluto TV is expanding its free streaming television platform to Comcast’s Xfinity X1 set-top cable box.

  • TheStreet.com11 days ago

    Viacom Looks Poised for an Upside Breakout - Go Long on Strength

    : "No, I'd rather see you in Viacom," Jim said. In this daily bar chart of VIAB, below, we can see that prices have largely moved sideways since the beginning of the calendar year. VIAB has crossed above and below the 50-day moving average line several times.

  • BET Networks To Honor Grammy Nominated Rapper, Entrepreneur And Community Leader Nipsey Hussle Posthumously With The Humanitarian Award At The 2019 "BET Awards"
    PR Newswire11 days ago

    BET Networks To Honor Grammy Nominated Rapper, Entrepreneur And Community Leader Nipsey Hussle Posthumously With The Humanitarian Award At The 2019 "BET Awards"

    NEW YORK, June 13, 2019 /PRNewswire/ -- Today BET Networks announces Nipsey Hussle as the recipient of the 2019 "BET Awards" Humanitarian Award. In the spirit of uplift he evoked in his community, his work as a devoted son, brother, father, partner, friend and all-around community advocate and philanthropist, musician and businessman, Nipsey will be posthumously honored with the iconic award at the 19th annual Awards show airing live in his hometown of Los Angeles, CA on Sunday, June 23rd at 8 P.M. ET. Nipsey continues to be a big part of the BET family from past BETX Staples Center concerts, performing on the BET Live Stage, to visiting the set of BET original series, BET Networks will continue to celebrate the life and work of the beloved LA native known lovingly as "Neighborhood Nip." BET Networks also commemorated and celebrated his life by broadcasting "BET REMEMBERS: NIPSEY HUSSLE", live and commercial-free coverage of Nipsey's funeral service in its entirety on BET and BET Digital.

  • Nickelodeon Orders Up All That-Inspired Good Burger Pop-up with Team Behind Viral Saved by The Max
    Business Wire11 days ago

    Nickelodeon Orders Up All That-Inspired Good Burger Pop-up with Team Behind Viral Saved by The Max

    Ahead of the highly anticipated return of Nickelodeon’s iconic All That series on Saturday, June 15, Nickelodeon and the duo behind viral pop-up phenomenon Saved by the Max are teaming up to open Good Burger, a brand-new restaurant inspired by the ‘90s fan-favorite All That sketch. The new pop up is set to open Wednesday, July 10, located at 7100 W Santa Monica Blvd (in the former home of Saved by The Max), in Los Angeles and will remain open through 2019.

  • Business Wire11 days ago

    Pluto TV Expands Launch on Comcast Platforms; Now Available via Xfinity X1 and Xfinity Flex

    The Leading Free Streaming Television Service in the U.S Debuts 100+ Live and Original Channels and Thousands of Iconic Movie and Television Titles to Xfinity X1 Customers