Viacom Inc.

Equities

VIAB

US92553P2011

Delayed Nasdaq Other stock markets			5-day change	1st Jan Change
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2020	Univision in talks with investor group for possible sale	RE
2020	ViacomCBS plans Latam push for streaming service Pluto TV	RE

Viacom's shares could jump 40 percent: Barron's

March 26, 2017 at 03:23 pm EDT

(Reuters) - Shares of Viacom Inc could rise 40 percent in the next year as the New York-based media company's new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron's.

Viacom, which is controlled by 93 year-old media mogul Sumner Redstone and his daughter Shari Redstone, has been enmeshed in turmoil, which resulted in the resignation of its former CEO Philippe Dauman.

Bakish, who was previously head of Viacom's international business, has said he would focus on Paramount and five flagship networks: Nickelodeon, MTV, Comedy Central, Nick Jr and BET.

There is a lot of upside potential for Viacom, financial weekly Barron's reported on Sunday. The stock is trading around $43 per share, down 39 percent over the past two years.

Representatives for Viacom did not immediately respond to a request for comment.

(Reporting By Jessica Toonkel; Editing by Andrew Hay)

Latest news about Viacom Inc.

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ViacomCBS plans Latam push for streaming service Pluto TV	20-02-03	RE
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ViacomCBS to take 49% stake in film studio Miramax for $375 million	19-12-20	RE
ViacomCBS plans sale of CBS headquarters in New York	19-12-09	RE
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P 500 Communication Services	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P 500 Value	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P Global BMI Index	19-12-05	CI
Viacom Inc.(NasdaqGM:VIA) dropped from S&P Global BMI Index	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P Composite 1500	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P Global 1200	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from INDUSTRIALS	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P 500	19-12-05	CI
Viacom Inc.(NasdaqGM:VIAB) dropped from S&P TMI Index	19-12-05	CI
Viacom Inc.(NasdaqGM:VIA) dropped from S&P TMI Index	19-12-05	CI
Viacom Inc.(NasdaqGS:VIAB) dropped from FTSE All-World Index	19-12-05	CI
Viacom Inc.(NasdaqGM:VIA B) dropped from INDUSTRIALS	19-12-05	CI
CBS, Viacom complete merger in a win for Shari Redstone	19-12-04	RE
CBS Corporation and Viacom Inc. Announce Management Changes	19-12-04	CI
Viacom Inc.(NasdaqGS:VIAB) dropped from NASDAQ Composite Index	19-12-04	CI
Viacom Inc.(NasdaqGS:VIA) dropped from NASDAQ Composite Index	19-12-04	CI
Viacom Inc.'s Equity Buyback announced on May 31, 2007, has expired.	19-12-03	CI
CBS Corporation completed the acquisition of Viacom Inc. from National Amusements Inc. (‘NAI’) and other shareholders.	19-12-03	CI

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Company Profile

Viacom is a media group organized around 2 areas of activity: - operation of TV channels (77.9% of net sales): operation of channels on the MTV network (Music Television, MTV2, MTV Digital, VH1, VH1 Classic, CMT, Country Music Television, Harmonix, Spike TV, etc.) and Black Entertainment Television (BET, BETJ, BET Gospel, etc.). The group also operates Internet portals; - cinematographic and audiovisual production and distribution (22.1%). Net sales break down by source of income into advertising spaces sales (37%), film sales (22.1%) and other (40.9%; sales of licenses, audiovisual rights, derivatives, etc.). Net sales are distributed geographically as follows: the United States (70.9%), Europe/Middle East/Africa (18.5%) and other (10.6%).

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