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Viacom: Companys
built 240 days ago
The new Viacom is considered to be the "high-growth" side of the much larger former Viacom. The former Viacom was renamed CBS Corporation, from which this firm was split off on December 31, 2005. CBS, not Viacom, retains control of the over-the-air broadcasting, TV production, and publishing assets formerly owned by the larger company. However, National Amusements remains the common majority shareholder of both firms.
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Viacom is a leading global entertainment content company, with prominent and respected brands in focused demographics. Engaging its audiences through television, motion pictures and digital platforms, Viacom reaches its audiences wherever they consume content. Viacom’s leading brands include the multiplatform properties of MTV Networks, including MTV, VH1, Nickelodeon, Nick at Nite, COMEDY CENTRAL, CMT: Country Music Television, Spike TV, TV Land, Logo and more than 130 networks around the world, as well as digital assets such as Neopets, Xfire, IFILM and Atom Entertainment; BET Networks; Paramount Pictures; Paramount Home Entertainment; DreamWorks; and Famous Music. More information about Viacom and its businesses is available at www.viacom.com.
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Viacom had a number of distinctive and interesting production logos during its over 30-year history. The first, aired in May 1971, featured the company's name zooming in, a group of letters at a time ("V-IA-COM"), from the right-hand side of the screen, and "bumping" into each other. With each bump, a pinball-style sound was heard, and the background changed color from red to green to blue. When the letters had finished grouping together, the camera zoomed out to reveal the words "A VIACOM PRESENTATION," and the soundtrack rounded out with a futuristic-style whoosh sound while an assortment of mechanical pinball sounds were heard in the background. Taken from "The Twilight Zone", "Petticoat Junction" and "The Wild Wild West".
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The MTV videos will be soon available on the web on several online video services, after the parent company Viacom has signed deals with five new websites. Dailymotion, GoFish, iMee, MeeVee and Veoh Network are the five lucky services that have the chance to boost their number of visitors using the content provided by MTV, Reuters informed today. [read more >>]
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Overall, Viacom appeared to be thriving. In 1993 the company's net income reached $66 million, earned on revenues of $1.9 billion. Nickelodeon, meanwhile, was going to 57.4 million homes, and was watched by more children between ages two and 11 than the children's programming on all four major networks combined. While Nickelodeon's earnings were not reported separately, the Wall Street Journal estimated its profits as $76 million in 1992 on sales of $190 million. However, by the mid-1990s, Redstone was ready for a new challenge. The 70-year-old media mogul found it by expanding Viacom into the motion picture and video rental markets.
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NEW YORK, Jan. 18 /PRNewswire-FirstCall/ -- Viacom Inc. (NYSE: VIA - News and VIA.B - News) today announced that it has appointed James W. Barge as Executive Vice President, Controller, Tax and Treasury. Mr. Barge joins the Company from Time Warner, where he most recently served as Senior Vice President and Controller. He succeeds Jacques Tortoroli, who was named Executive Vice President and Chief Financial Officer for MTV Networks, a division of Viacom, on January 7, 2008. Mr. Barge will join Viacom on January 22 and assume his new role as Controller in early March.
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