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Viacom: Mtv Hits
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When Viacom sued Google for $1 billion, it put a pretty big price tag on the value of distributing its content over the Internet. Now Viacom and other studios refuse to negotiate with their writers over how much they should be compensated when content hits the Web. Why? Because it's too early to tell how much its worth. Just like they do with politicians every night, The Daily Show's writers sniffed out the inconsistencies and put together this clip. Oh, that man holding the sign with a strategically placed finger?
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This is the latest in a series of Viacom acquisitions of other web-based properties. In October 2005, the company acquired IFILM, an Internet streaming media network. IFILM is ... now a part of MTV Networks.
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Christina Norman, president of MTV since 2005 and an MTVN vet of 17 years, is leaving the Viacom unit at the end of the month. Van Toffler, president of MTV Music and Logo Group, made the announcement in an internal memo late this afternoon.
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