Bob Bakish


Debra Lee exits as chairman & CEO of BET

BET Network’s chairman and CEO Debra Lee is to exit the network on May 28. BET owner Viacom has laid the groundwork for her departure for some time, making Scott M. Mills BET president in December . He was placed to lead on strategy and day-to-day operations with Lee advising. Lee joined the company as […]

Viacom invests in Trevor Noah prodco with first-look deal attached

Viacom is set for a strategic partnership with Day Zero Productions, an international production and distribution company led by Trevor Noah, host of Comedy Central’s The Daily Show with Trevor Noah. Under the long-term deal, Viacom will have exclusive first-look rights on all projects developed by Noah and his prodco across media including television, feature […]

Viacom plans direct-to-consumer streaming service

Viacom has revealed plans to launch a direct-to-consumer streaming service later this year. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco, Viacom president and CEO Bob Bakish said that the new service would draw from more than 10,000 hours of library content. “We’re going to implement [the service] on a […]

Viacom & CBS formally exploring new merger proposal

Viacom and CBS are once again formally dating – with exploratory boards created at both companies to look into a merger. Both companies yesterday released statement confirming they had each formed a special committee of independent directors to “evaluate a potential combination” with the other. Previous attempts at merging the two US media giants, which […]

Viacom int’l COO switch with Tolosa transforming

Viacom International Media Networks has named a new COO, as current incumbent Jose Tolosa moves to a new role oversee company-wide transformation. Long-serving exec Melody Tan (pictured) has been promoted to the number two post at the international arm of US media giant Viacom. She will report to president and CEO David Lynn, who moved […]

Paramount importance

The US’s newest general entertainment station, the Paramount Network, launches in January 2018. Jesse Whittock hears how channel president Kevin Kay plans to change cable with premium originals and unscripted hits for a broad audience. There’s no better way to better encapsulate Viacom’s strategy change under Bob Bakish than to look at the creation and […]

AwesomenessTV’s Day to lead new Viacom unit

AwesomenessTV’s business chief, Kelly Day, will lead a new digital-focused production unit for US media giant Viacom. Day (pictured) has been named president of Viacom Digital Studios, which will focus on creating digital content across Viacom’s portfolio of entertainment channels and brands. She is leaving youth-focused digital content firm AwesomenessTV, where she was most recently […]

CMT realigns dev under Cox as Dinsmore exits

Viacom is centralising development at its US cable channel CMT under Paramount Network’s Keith Cox, with Jayson Dinsmore exiting as a result. Cox is now leading development for CMT, TVLand and the upcoming Paramount Network, which is soon to replace Spike TV. Dinsmore (pictured) will leave his post as executive VP of development as Cox […]

Viacom shares slide despite solid Q3 gains

Viacom shares have fallen sharply on news of a delayed payment from a Chinese partner and uncertainty about the future prospects of pay TV in the US after the media group posted Q3 results, despite it posting solid gains in revenue and profit. Viacom’s revenues for its fiscal third quarter rose by 8% to US$3.36 […]

Viacom eyes all-cash Scripps takeover

Viacom is reportedly eyeing one of the biggest all-cash takeovers in recent US media history by planning to acquire Scripps Networks Interactive for around US$10.6 billion. According to Reuters, New York-based Viacom is willing to fork out cash to finance the deal, which would add the Food Network, HGTV and Travel Channel to a stable […]