Topic: Sumner Redstone

Cablevision, Viacom War Could Cost a Bundle Few visible clues to be unearthed in heavily-redacted complaint

Cablevision, which is suing Viacom for illegally bundling its networks, on Thursday released a heavily-redacted version of its complaint against the cable conglomerate, which includes the charge that Viacom threatened…

March 8, 2013, 7:23 PM EST

Analyst on Beleaguered Viacom Stock: 'It's Far and Away My Most Screaming Buy' Nick, Comedy Central, MTV parent is down but not nearly out

Here is a tale designed to stress out even the most unflappable investor: once upon a time, there was a cable conglomerate with some major ratings problems. Its kids' network…

December 14, 2012, 8:12 AM EST

Earnings and Ratings Down, Viacom Declares Victory in DirecTV Spat Analyst: When will you start firing people?

Viacom chairman Sumner Redstone began Friday's Viacom earnings call by praising company CEO Philippe Dauman for his role in the carriage dispute with DirecTV last month. "Philippe has been a…

August 3, 2012, 12:44 PM EDT

'Jersey Shore' Helps Lift Viacom to Double-Digit Growth Company reports strong third quarter

Viacom Chairman Sumner Redstone can thank Snooki for a strong quarter. On Friday, the morning after the season premiere of MTV’s Jersey Shore, Viacom reported a 37 percent earnings increase…

August 5, 2011, 11:18 AM EDT

Viacom Dividend Icing on Sumner’s Birthday Cake But mogul should wish for bigger 'Barbarellas' audience

On the eve of his 88th birthday, Sumner Redstone illustrated the validity of the old adage “the rich get richer.” In increasing its quarterly dividend 67 percent to 25 cents…

May 27, 2011, 6:37 AM EDT