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Encyclopedia > Alan Greenberg
Viacom Inc.
Viacom logo
Type Public (NYSE: VIAB)
Founded 2006[1]
Location New York, New York, USA
Key people Sumner Redstone, Executive Chairman & Founder
Tom Freston, President & CEO
Industry Cable TV, Motion Pictures
Products MTV, Nickelodeon, BET, more...
Revenue $9.609 Billion USD (2005)
Net Income $1.256 Billion USD (2005)
Employees 9,500 (2006)
Website www.viacom.com

Viacom is a "high-growth" media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), video gaming (part of Sega of America), and movie production and distribution (the Paramount Pictures movie studio and DreamWorks). Tom Freston is the President and Chief Executive Officer; Sumner Redstone is the Chairman and, through National Amusements, majority shareholder of Viacom. Image File history File links Viacom_logo_2006. ... A public company is a company owned by the public rather than by a relatively few individuals. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is by far the largest stock exchange in the world (by dollar volume) and second largest by number of listings. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... Nickname: The Big Apple Official website: City of New York Government Counties (Boroughs) Bronx (The Bronx) New York (Manhattan) Queens (Queens) Kings (Brooklyn) Richmond (Staten Island) Mayor Michael Bloomberg (R) Geographical characteristics Area Total 468. ... Sumner Murray Redstone, born Sumner Murray Rothstein, May 27, 1923 in Boston, Massachusetts, is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates. ... Tom Freston (born 1946) is an American television executive currently serving as President and Chief Executive Officer of the newly-split Viacom. ... Cable television or Community Antenna Television (CATV) (and often shortened to cable) is a system of providing television, FM radio programming and other services to consumers via radio waves transmitted directly to people’s televisions through fixed coaxial cables as opposed to the over-the-air method used in traditional... Film refers to the celluloid media on which movies are printed. ... This article or section does not cite its references or sources. ... Nickelodeon (Nick for short, launched April 1, 1979) is a cable TV network primarily for children and pre-teens, but also features shows for teenagers in TEENick. ... Black Entertainment Television is a U.S. cable network targeted towards African-American and other ethnic audiences in the United States like Hispanics. ... Revenue is a US business term for the amount of money that a company can receive from its activities, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up. ... This article is about general United States currency. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links Green_Arrow_Up. ... This article is about general United States currency. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... The front page of the English Wikipedia Website. ... It has been suggested that Media Institution be merged into this article or section. ... Coaxial cable is often used to transmit cable television into the house Cable television or Community Antenna Television (CATV) (often shortened to cable) is a system of providing television, FM radio programming and other services to consumers via radio frequency signals transmitted directly to people’s televisions through fixed optical... Artists impression of a Boeing 601 satellite, as configured for digital television transmission by SES Astra Satellite television is television delivered by way of communications satellites, as compared to conventional terrestrial television and cable television. ... MTV Networks is the corporate division of media conglomerate Viacom that oversees the operation of the following TV network brands: Country Music Television (CMT) Comedy Central Logo MHD (MTVs high-definition channel, launching January 16th, 2005) MTV MTV Hits MTV Jams MTV2 mtvU Nickelodeon/Nick at Nite Nickelodeon GAS... Black Entertainment Television is a U.S. cable network targeted towards African-American and other ethnic audiences in the United States like Hispanics. ... A computer game is a game composed of a computer-controlled virtual universe that players interact with in order to achieve a defined goal or set of goals. ... Sega (セガ) is a video game software and hardware developer, and a former console manufacturer. ... A movie studio is a location, room, building, or group of buildings and/or sound stages, offices and storage facilities, which may include a backlot, where movies are made. ... The Paramount Pictures logo used since 2003. ... A movie studio is a controlled environment for the making of a film. ... DreamWorks, L.L.C., doing business as DreamWorks SKG, is a Big Ten studio in the United States of America which develops, produces, and distributes films, video games, and television programming. ... Tom Freston (born 1946) is an American television executive currently serving as President and Chief Executive Officer of the newly-split Viacom. ... President is a title held by many leaders of organizations, companies, universities, and countries. ... A chief executive officer (CEO) or chief executive is the highest-ranking corporate officer or executive officer of a corporation, company, or agency. ... Sumner Murray Redstone, born Sumner Murray Rothstein, May 27, 1923 in Boston, Massachusetts, is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates. ... A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... National Amusements is a chain of movie theaters spanning 1,300 screens, mainly in the New England and Mid-Atlantic areas of the United States. ... A shareholder or stockholder is an individual or company (including a corporation) that legally owns one or more shares of stock in a joint stock company. ...

Contents


History

In March 2005, the prior Viacom (now known as CBS Corporation) announced plans of looking into splitting the company into two publicly traded companies. The company was not only dealing with a stagnating stock price, but also the rivalry between Les Moonves and Tom Freston, longtime heads of CBS and MTV Networks respectively. After the departure of Mel Karmazin in 2004, Redstone, who served as Chairman and Chief Executive Officer, decided to split the offices of President and Chief Operating Officer between Moonves and Freston. Redstone was set to retire in the near future, and a split would be a creative solution to the matter of replacing him. Viacom began life as CBS Films, the television syndication division of CBS. In 1971, the division was renamed VIACOM (Video & Audio Communications), and in 1973 it was spun off, amid new FCC rules forbidding television networks from owning syndication companies (the rules were later repealed). ... =TV networks website CBS Corporation (NYSE: CBS) is a media conglomerate focused largely on the United States market, specifically broadcasting, publishing, billboards, and television production. ... Leslie Moonves (born December 23, 1948 in New York City) is President and Chief Executive Officer of CBS Corporation. ... Tom Freston (born 1946) is an American television executive currently serving as President and Chief Executive Officer of the newly-split Viacom. ... CBS (an acronym for Columbia Broadcasting System, the former legal name of the network) is one of the largest television networks, and formerly one of the largest radio networks, in the United States. ... MTV Networks is the corporate division of media conglomerate Viacom that oversees the operation of the following TV network brands: Country Music Television (CMT) Comedy Central Logo MHD (MTVs high-definition channel, launching January 16th, 2005) MTV MTV Hits MTV Jams MTV2 mtvU Nickelodeon/Nick at Nite Nickelodeon GAS... Mel Karmazin (born 1943) is the CEO of Sirius Satellite Radio. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... A chief executive officer (CEO) or chief executive is the highest-ranking corporate officer or executive officer of a corporation, company, or agency. ... President is a title held by many leaders of organizations, companies, universities, and countries. ... A chief operating officer (or COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ...


The split was approved by Viacom's board June 14, 2005, approved December 31, 2005, and effectively undid the Viacom/CBS merger of 1999. The original Viacom changed its name to CBS Corporation and is headed by Moonves. It now includes Viacom's "slow growth businesses", namely CBS, UPN, CBS Radio, Simon & Schuster, Paramount Parks, Viacom Outdoor, Showtime, and most television production assets. These, according to some analysts, were suffocating the growth of the MTV Networks cable businesses. (The split was structured such that CBS Corporation is actually the company previously known as Viacom.) June 14 is the 165th day of the year in the Gregorian calendar (166th in leap years), with 200 days remaining. ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ... =TV networks website CBS Corporation (NYSE: CBS) is a media conglomerate focused largely on the United States market, specifically broadcasting, publishing, billboards, and television production. ... CBS (an acronym for Columbia Broadcasting System, the former legal name of the network) is one of the largest television networks, and formerly one of the largest radio networks, in the United States. ... UPN (which originally stood for the United Paramount Network) is a television network in the United States, owned by CBS Corporation, which also owns the more widespread CBS network. ... CBS Radio Inc. ... Jean-François Millet Le Semeur (The Sower) Simon & Schuster logo, circa 1961. ... Paramount Parks is an operator of theme parks and attractions, which annually attract about 13 million patrons. ... Viacom Outdoor Canada is a major ad agency in Canada. ... This article needs to be updated. ...


A new company, the present Viacom, was also spun-off and is headed by Freston. It is comprised of MTV Networks, Paramount's movie studio, and Paramount Pictures' home entertainment operations. These businesses are categorized as the high-growth businesses (MTV Networks and BET Networks in particular), and if they were split into a separate company, it could infuse new capital to allow for future acquisitions and expansion. Sumner Redstone still controls 71 percent of the voting stock of both companies and is the chairman of both companies.


In June 2005, Viacom announced that it has purchased Neopets, a virtual pet website. That December, Paramount announced it would acquire DreamWorks. All indications are that the whole of DreamWorks - both film and TV studios, albeit not the DreamWorks archive, which was sold to a group lead by George Soros in March 2006 - will remain owned by Viacom, even though CBS acquired Paramount's own TV studio. On February 1, 2006, Paramount completed its long-awaited acquisition of DreamWorks, welcoming them to the Viacom family. As of April 24, 2006, Viacom has obtained Xfire. 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Screenshot of the Neopets homepage viewed with Mozilla Firefox Neopets is an online virtual pet simulation game. ... DreamWorks, L.L.C., doing business as DreamWorks SKG, is a Big Ten studio in the United States of America which develops, produces, and distributes films, video games, and television programming. ... George Soros George Soros (pronounced ) (born August 12, 1930 in Budapest, Hungary as Schwartz György) is a financial speculator, stock investor, philanthropist, liberal political activist and philosopher. ... February 1 is the 32nd day of the year in the Gregorian Calendar. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... Xfire, is a free instant messenger with gamers as its target audience. ...


Corporate governance

The previous board of directors of Viacom were George Abrams, Vincent Erazo, David Andelman, Joseph Califano, Jr., William Cohen, Philippe Dauman, Alan Greenberg, Charles Phillips, Shari Redstone, Sumner Redstone, Frederic Salerno, William Schwartz, and Robert D. Walter. It has been suggested that Board of Trustees be merged into this article or section. ... George Abrams is a corporate director of the Viacom Corporation. ... Vincent Erazo was a previous director of the Viacom Company. ... David A. Andelman is an executive editor at Forbes. ... Joseph Anthony Califano, Jr. ... William Cohen William Sebastian Cohen (born August 28, 1940) is a Republican politician from Maine who served as a United States Secretary of Defense under President Clinton. ... Philippe Dauman is a corporate director of the Viacom and CBS Corporations. ... Viacom is a high-growth media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), video gaming (part of Sega of America), and movie production and distribution (the Paramount Pictures movie studio and DreamWorks). ... Charles Phillips is President of Oracle Corporation and a member of the companys Board of Directors. ... Shari Redstone is a corporate director of the CBS and Viacom companies. ... Sumner Murray Redstone, born Sumner Murray Rothstein, May 27, 1923 in Boston, Massachusetts, is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates. ... Frederic Salerno is a corporate director of the Viacom Corporation. ... William Schwartz is a corporate director of the Viacom Corporation. ... In 1971 an ambitious 26-year-old Harvard MBA named Robert D. Walter purchased Cardinal Foods, a small Ohio food wholesaler, in a leveraged buyout. ...


Following the Viacom/CBS split, the Viacom board consisted of George Abrams, Philippe Dauman, Thomas E. Dooley, Tom Freston, Ellen V. Futter, Robert Kraft, Alan Greenberg, Charles Phillips, Sumner Redstone (Chairman), Shari Redstone (non-executive Vice-Chair), Frederic Salerno, and William Schwartz. George Abrams is a corporate director of the Viacom Corporation. ... Philippe Dauman is a corporate director of the Viacom and CBS Corporations. ... Thomas E. Dooley is a corporate director of the Viacom Corporation. ... Tom Freston (born 1946) is an American television executive currently serving as President and Chief Executive Officer of the newly-split Viacom. ... Ellen V. Futter is President of the American Museum of Natural History. ... Robert K. Kraft, also known as Bob Kraft (born 1942) is the owner of National Football Leagues New England Patriots and Major League Soccers New England Revolution, as well as the stadium where they play, Gillette Stadium. ... Viacom is a high-growth media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), video gaming (part of Sega of America), and movie production and distribution (the Paramount Pictures movie studio and DreamWorks). ... Charles Phillips is President of Oracle Corporation and a member of the companys Board of Directors. ... Sumner Murray Redstone, born Sumner Murray Rothstein, May 27, 1923 in Boston, Massachusetts, is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates. ... Shari Redstone is a corporate director of the CBS and Viacom companies. ... Frederic Salerno is a corporate director of the Viacom Corporation. ... William Schwartz is a corporate director of the Viacom Corporation. ...


Assets

This is a summary of the main Viacom divisions. For detailed assets see List of assets owned by Viacom. The following is a list of major assets owned by Viacom: Radio Networks Infinity Broadcasting (manages Westwood One Radio Network) Metro Networks Radio Stations Infinity Broadcasting (owns and operates over 180 stations) Internet MTVi Group CBS Internet Group Nickelodeon Online BET.com Contentville. ...

The Paramount Pictures logo used since 2003. ... DreamWorks, L.L.C., doing business as DreamWorks SKG, is a Big Ten studio in the United States of America which develops, produces, and distributes films, video games, and television programming. ... Republic Pictures Corporation (aka Republic Entertainment) is an independent film, television, and video distribution company that was originally a movie production-distribution corporation with studio facilities, best known for its specialization in quality B pictures, westerns and movie serials. ... MTV Networks is the corporate division of media conglomerate Viacom that oversees the operation of the following TV network brands: Country Music Television (CMT) Comedy Central Logo MHD (MTVs high-definition channel, launching January 16th, 2005) MTV MTV Hits MTV Jams MTV2 mtvU Nickelodeon/Nick at Nite Nickelodeon GAS... This article or section does not cite its references or sources. ... Nickelodeon (Nick for short, launched April 1, 1979) is a cable TV network primarily for children and pre-teens, but also features shows for teenagers in TEENick. ... Comedy Central is a cable television channel in the United States. ... VH1 (spelled VH-1 (Video Hits One) until 1994) is an American cable television channel that was created in January 1985 by Warner-Amex Satellite Entertainment (then a division of Warner Communications and then-current owners of MTV, which originally came up with the idea of the channel). ... For other uses of this three-letter abbreviation, see CMT. Country Music Television, or CMT as it often called, is a country music oriented cable television channel. ... TNN logo 1983-1997. ... Black Entertainment Television is a U.S. cable network targeted towards African-American and other ethnic audiences in the United States like Hispanics. ... DreamWorks, L.L.C., doing business as DreamWorks SKG, is a Big Ten studio in the United States of America which develops, produces, and distributes films, video games, and television programming. ... Sega (セガ) is a video game software and hardware developer, and a former console manufacturer. ... Xfire, is a free instant messenger with gamers as its target audience. ...

Footnote

 Although Viacom was originally founded in 1971 (split from the original CBS Corporation), it was reincorporated in 1986, and the current Viacom was spun off (re-founded) from CBS Corporation (which is, formally, the 1986 Viacom renamed) on January 1, 2006. 1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ...


See also

  • Closing logos of Viacom
  • Viacom (1971-2005)

To meet Wikipedias quality standards, this article may require cleanup. ... Viacom began life as CBS Films, the television syndication division of CBS. In 1971, the division was renamed VIACOM (Video & Audio Communications), and in 1973 it was spun off, amid new FCC rules forbidding television networks from owning syndication companies (the rules were later repealed). ...

External links

Viacom Inc.

Corporate Directors: George Abrams | Philippe Dauman | Thomas E. Dooley | Tom Freston | Ellen V. Futter | Robert Kraft | Alan Greenberg | Charles Phillips | Sumner Redstone | Shari Redstone | Frederic Salerno | William Schwartz This article is being considered for deletion in accordance with Wikipedias deletion policy. ... Yahoo! Inc. ... The U.S. Securities and Exchange Commission (SEC) requires a public company in the United States to file financial statements regularly so that they can be made available to the public. ... October 5 is the 278th day of the year (279th in Leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... A corporation is a legal person that exists quite separately from the natural persons who work with and for it. ... It has been suggested that Board of Trustees be merged into this article or section. ... George Abrams is a corporate director of the Viacom Corporation. ... Philippe Dauman is a corporate director of the Viacom and CBS Corporations. ... Thomas E. Dooley is a corporate director of the Viacom Corporation. ... Tom Freston (born 1946) is an American television executive currently serving as President and Chief Executive Officer of the newly-split Viacom. ... Ellen V. Futter is President of the American Museum of Natural History. ... Robert K. Kraft, also known as Bob Kraft (born 1942) is the owner of National Football Leagues New England Patriots and Major League Soccers New England Revolution, as well as the stadium where they play, Gillette Stadium. ... Viacom is a high-growth media conglomerate with various worldwide interests in cable and satellite television networks (MTV Networks and BET), video gaming (part of Sega of America), and movie production and distribution (the Paramount Pictures movie studio and DreamWorks). ... Charles Phillips is President of Oracle Corporation and a member of the companys Board of Directors. ... Sumner Murray Redstone, born Sumner Murray Rothstein, May 27, 1923 in Boston, Massachusetts, is Chairman of the Board and controlling shareholder of the Viacom and CBS Corporation media conglomerates. ... Shari Redstone is a corporate director of the CBS and Viacom companies. ... Frederic Salerno is a corporate director of the Viacom Corporation. ... William Schwartz is a corporate director of the Viacom Corporation. ...

MTV Networks: CMT | Comedy Central | Logo | MTV | MTV2 | MTV En Español | MTV Networks Europe | MTV Networks Latin America | Nickelodeon/Nick at Nite/Nick Jr. | Noggin/The N | Spike TV | TV Land | VH1 | iFilm | Neopets | GameTrailers | NickToons Network | Nick GAS
Misc. Assets: BET | Paramount Pictures | Republic Pictures | Famous Music | DreamWorks MTV Networks is the corporate division of media conglomerate Viacom that oversees the operation of the following TV network brands: Country Music Television (CMT) Comedy Central Logo MHD (MTVs high-definition channel, launching January 16th, 2005) MTV MTV Hits MTV Jams MTV2 mtvU Nickelodeon/Nick at Nite Nickelodeon GAS... For other uses of this three-letter abbreviation, see CMT. Country Music Television, or CMT as it often called, is a country music oriented cable television channel. ... Comedy Central is a cable television channel in the United States. ... Logo is a U.S. digital cable television channel owned by Viacoms MTV Networks division. ... This article or section does not cite its references or sources. ... MTV2 is a cable network that is widely available in the United States on digital cable and satellite television, and is progressively being added to basic cable lineups across the nation. ... MTV En Espa̱ol is a Spanish-language version of the cable television channel MTV, designed to appeal to Hispanic audiences with material such as music videos in Spanish. ... MTV Networks Europe is a Viacom subsidary in Europe that acts as a sister company to MTV Networks (US). ... MTV Networks Latin America is a subsidiary of MTV Networks, headquartered in Miami, operating the following television networks in Latin America: MTV Latin America MTV Mexico MTV Argentina MTV Puerto Rico Nickelodeon Latin America Nickelodeon Brazil VH1 Latin America VH1 Brazil MTVNLA also distributes these networks from MTV Networks USA... Nickelodeon (Nick for short, launched April 1, 1979) is a cable TV network primarily for children and pre-teens, but also features shows for teenagers in TEENick. ... Nick at Nite is an evening programming block broadcast over Nickelodeon from 9 PM Р6 AM Eastern and Pacific Standard Time. ... Nick Jr. ... Noggin is a cable television network in both the United States and United Kingdom. ... The-N is the nighttime block on Noggin for teens. ... TNN logo 1983-1997. ... TV Land is an American cable television network which first started transmissions on April 29, 1996. ... VH1 (spelled VH-1 (Video Hits One) until 1994) is an American cable television channel that was created in January 1985 by Warner-Amex Satellite Entertainment (then a division of Warner Communications and then-current owners of MTV, which originally came up with the idea of the channel). ... iFilm is an online archive of short films, movie trailers, and other videos of interest. ... Screenshot of the Neopets homepage viewed with Mozilla Firefox Neopets is an online virtual pet simulation game. ... GameTrailers is a website which delivers broadband video-game content. ... NickToons Network, originally known as NickToons TV, is a digital cable and satellite television network. ... Nickelodeon Games and Sports for Kids (commonly referred to as Nickelodeon GAS or Nick GAS), is a U.S. cable television network which was launched on March 1, 1999 as part of MTV Networks suite of digital cable channels. ... Black Entertainment Television is a U.S. cable network targeted towards African-American and other ethnic audiences in the United States like Hispanics. ... The Paramount Pictures logo used since 2003. ... Republic Pictures Corporation (aka Republic Entertainment) is an independent film, television, and video distribution company that was originally a movie production-distribution corporation with studio facilities, best known for its specialization in quality B pictures, westerns and movie serials. ... DreamWorks, L.L.C., doing business as DreamWorks SKG, is a Big Ten studio in the United States of America which develops, produces, and distributes films, video games, and television programming. ...

Annual Revenue: $17.3 billion USD ( 10% 3Q 2005) | Employees: 38,350 | Stock Symbol: NYSE: VIAB | Website: www.viacom.com This article is about general United States currency. ... Image File history File links Green_Arrow_Up. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is by far the largest stock exchange in the world (by dollar volume) and second largest by number of listings. ...


 
 

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