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Viacom Inc. stock price, VIAB
Viacom Inc. stock chart:
Viacom Inc. close price: 43.06
Stock price forecast:
DOWN TO -3.11%
Total forecasts: 90
Reached: 13 (14.44%)
Total Win: 16.48 (43.70%)
Showing 1-10 of 512 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Viacom Inc. latest news:
Paramount Pictures' $1 billion film financing partnership is in jeopardy: report
Viacom Inc.-owned Paramount Pictures could lose its $1 billion slate financing deal with China's Huahua Media and Shanghai Film Group, according to a report by industry publication The Wrap. Huahua has been a financial and marketing partner for past Paramount films, such as "Transformers: Age of Extinction." The Chinese company had agreed to be acquired by Oriental Time Media for about $158 million, but regulatory concerns reportedly caused OTM to withdraw its offer on March 9. Sources told The Wrap this would most likely prevent Huahua from funding Paramount's film slate. That is a major blow to the studio that is in dire straits after a disappointing 2016 at the box office, coming in behind all of the Hollywood major studios in revenue for the last five years. Paramount Chief Executive Brad Gray announced in February he would step down as Viacom's new CEO Bob Bakish laid out a plan to turn around the company that includes focusing on getting Paramount Pictures back on track. Shares of Viacom's publicly-owned class B shares were down more than 2% in afternoon trade on Friday, but have gained nearly 14% in the trailing 12-month period. The S&P 500 index is up almost 19% during the same time frame.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Picking Paramount's chief: Viacom and talent wars in the digital age
Viacom is searching for a new chief for Paramount with CEO Bob Bakish implying a decision may be soon.
Viacom's Paramount Pictures subsidiary's CEO to step down
Viacom Inc. said Wednesday that Brad Grey will step down as chairman and chief executive officer of the media company's Paramount Pictures subsidiary after 12 years at the company. Grey will remain with the company "for a period" while the search for a successor is conducted. "Brad has overseen the production and distribution of some of Paramount's most celebrated hits, and more recently championed the successful relaunch of the studio's television division," said Viacom Chief Executive Bob Bakish. "As we look ahead, I couldn't be more excited by our early plans to reenergize the slate, more deeply integrate the studio and networks, and make the most of our incredible assets." Viacom's stock, which slipped 0.6% in afternoon trade, has rallied 20.6% over the past 12 months, while the S&P 500 has gained 21.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Viacom's Paramount CEO Grey negotiating departure: report
Brad Grey, the CEO of Paramount Pictures Corp., is negotiating the terms of his departure with Bob Bakish, the CEO of Paramount's parent Viacom Inc. , according to The Wall Street Journal, which cited a source familiar with the matter. Shares of Viacom were flat in late trading Friday after ending the regular session down 0.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Exclusive: Paramount CEO Grey to depart as soon as next week - sources
- Brad Grey, the chairman and chief executive officer of Viacom Inc's Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, according to two sources familiar with the situation.
Dunkin' Brands and Viacom Jump While Twitter Dives
Dunkin' Brands and Viacom soar in U.S. trading, while Twitter and Dun & Bradstreet skid
Viacom C.E.O. Sets a New Course, Focusing on Flagship Brands
Robert M. Bakish, the company’s chief executive, outlined a path forward for the entertainment conglomerate, as the company released business results that showed a glimmer of hope for a turnaround.
Markets Right Now: Earnings Power More Gains for US Stocks
U.S. stock indexes were trading at record highs as investors weighed earnings from Kellogg, Viacom and other companies
BRIEF-Viacom declares quarterly cash dividend
* Board of directors has declared a quarterly cash dividend
of $0.20 per share on both its Class A and Class B common stock
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