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Viacom Inc. Class B Common Stock, also called Viacom, is a global entertainment content company, which connects with audiences through compelling television programs, motion pictures, short-form video, applications, games, brands for consumer products, social media and other entertainment content. Read More It operates business through Media Networks and Filmed Entertainment segments. The Media Networks segment provides entertainment content, services, and related branded products for consumers in targeted demographics attractive to advertisers, content distributors, and retailers. The Media Networks segment delivers advertising and marketing services under advanced marketing solutions portfolio. The company was founded by Sumner M. Redstone on May 3, 1971 and is headquartered in New York, NY.
New York, New York
52 Week High
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Viacom and AT&T Are Fighting Over a Deal. Here’s How It Could Play Out.
Text size Viacom stock fell Wednesday after the company told customers of the cable provider DirecTV that they would lose access to popular Viacom channels if the companies can’t reach a contract-renewal deal by the end of the week. Despite the dip, some analysts say DirecTV may have more to lose. Where we were. Viacom (ticker: VIAB) stock gave back most of its 2019 gains this month. The company had reported better-than-expected first- quarter earnings in February, even though the cable channels it offer...
Viacom stocks sinks as network disruption looms, but AT&T-DirecTV could be real loser, analyst says
Shares of Viacom Inc. sank Wednesday, in the wake of the media company’s warning of a disruption of service for those accessing its TV networks through AT&T Inc.’s DirecTV satellite TV service, but DirecTV may actually have more to lose. Viacom issued a warning on its website Tuesday, that despite “a series of offers” made to AT&T-DirecTV to reach a new carriage agreement, which expires March 22, AT&T’s “unwillingness to engage in constructive conversations” could force a disruption of service. Viacom’s s...
Stocks making the biggest moves midday: FedEx, Viacom, Tencent Music
Check out the companies making headlines midday Wednesday: FedEx — Shares of FedEx dropped 5.14 percent after the company reported lower-than-expected third-quarter earnings and reduced its earnings outlook for fiscal year 2019. The company reported earnings of $3.03 per share, 8 cents below a Refinitiv estimate. FedEx also reported declining international revenue due to unfavorable exchange rates and trade conditions. General Mills —General Mills rose 3.46 percent after its third-quarter earnings beat es...
Expected Apr 25, Pre-Market