Philippe Dauman

Moonves backed at CBS as Viacom fight looms

Shari Redstone has backed Les Moonves to “lead CBS into the digital future” after he was nominated to succeed her father as chairman of the US broadcaster, amid growing speculation over Viacom’s future. Moonves, currently president and CEO of CBS, is to become its chairman, with Sumner Redstone, 92, who controls both CBS and Viacom […]

Dauman outlines Viacom plan to ‘turn the corner’

Investment in big data, new distribution approaches and content and a focus on events will help Viacom “turn the corner” and deliver “a new period of prosperity and growth”, according to Philippe Dauman, president and CEO. Speaking to analysts after reporting less than stellar fourth quarter and full year financials, Dauman cautioned that progress would […]

Viacom pays $153m for Indian nets stake

Viacom has paid 9.4 billion rupees (US$153 million) for a 50% stake in Indian regional entertainment channels operator Prism TV. Prism owns a bouquet of networks comprising ETV Marathi, ETV Kannada, ETV Bangla, ETV Oriya and ETV Gujarati. These were recently rebranded under the COLORS umbrella, the Hindi entertainment brand that Viacom jointly owns with […]

Amazon ‘dropping Viacom reality shows’

Amazon will remove numerous Viacom reality series from its US Prime Instant Video service, according to various US reports. These said Viacom-distributed series including MTV show Teen Mom and VH1 franchise Mob Wives (pictured) will be pulled. In the wake of the news, Viacom CEO Philippe Dauman told analysts and investors at the MoffettNathanson Conference that […]

Redstone successor ‘decided by trust’

CBS and Viacom owner Sumner Redstone has played down suggestions to will hand the keys to his empire to daughter Shari, and instead said a decision will be made by a seven-member trust. The 92-year-old mogul has been wrestling with succession plans for some time, while several US media reports this week suggested his thinking […]

Viacom restructure costs $785m

The continuing restructuring of Viacom will cost the US-based media giant US$785 million. The company plans to write down that amount as a pre-tax charge for the first fiscal quarter of 2015. This will reflect costs relating to “underperforming programming, including the abandonment of select acquired titles, as well as costs associated with workforce reductions”. […]

MTV hands Dolgen reality role amid restructure

Viacom network MTV is merging its east and west coast development teams under veteran reality TV producer Lauren Dolgen. This comes after a round of lay-offs at the east coast office last week that saw the departure of MTV’s executive VP of current programming Elli Hakami. MTV’s US office couldn’t be contacted this morning, but […]

Moonves ‘approached’ Time Warner over merger

CBS CEO Les Moonves had talks with Time Warner chief executive Jeff Bewkes last year about a possible merger of the two companies, according to a report by Bloomberg,citing unnamed sources. However, the discussions came to nothing because Bewkes was not interested in a combination, according to the report. Moonves’ reported overtures to Time Warner […]

Viacom retools channels under Zarghami, Herzog

Viacom has promoted Cyma Zarghami and Doug Herzog to run its channel operations, which will now be split into two groups under a new restructuring. Both are Viacom veterans, and have now divided up channels Van Toffler previously oversaw before the announcement of his departure earlier this week. Toffler officially exits in April after helping […]

MTV boss leaving to set up content firm

MTV president Van Toffler is leaving Viacom to set up a new content business, Below the Radar. Toffler (pictured), who is president MTV Networks Music & Logo Group, is a Viacom veteran, having been at the company for 28 years. Viacom offered Toffler a new deal but the executive said, in a memo to MTV […]