Viacom considers splitting into MTV and CBS companies
Viacom boss Sumner Redstone is considering splitting the group in two, with Tom Freston leading an MTV company and Leslie Moonves a CBS company.…
Sumner Redstone
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Karmazin got $19 million after quitting Viacom
Former Viacom president Mel Karmazin received a $19 million severance package, revealed in Viacom's second-quarter results, which showed profits up 14%.…
MTV appoint new boss
Judith McGrath has been promoted to Chairman and Chief Executive of MTV Networks, succeeding Tom Freston, while Mark Rosenthal has resigned.…
Viacom boss took board's advice on replacing Karmazin
According to the New York Post, Sumner Redstone wanted Tom Freston to take Mel Karmazin's job outright but deferred to a governance committee that split the role with Les Moonves.…
Viacom boss quits
Viacom boss Mel Karmazin has resigned with immediate effect, and MTV's Tom Freston and CBS's Les Moonves will jointly take over the top job in the short term.…
Sky ready for fight with MTV over contract renewal
BSkyB chief Tony Ball says the company is prepared to fight Viacom over MTV's carriage fees, as Sky launches its own music channels and seeks to cut what it pays.…
US media giant calls for opening up of TV ownership in the US
Viacom chairman Sumner Redstone has urged the US to relax media ownership laws so British firms can buy into American TV, after backing UK proposals to open ITV and Channel 5.…