Philippe Dauman

Moonves eyes CBS buy-out

CBS Corp.’s CEO Les Moonves has been linked with a buy-out of the US broadcaster, a move that could head off a potential merger with Viacom. CBS and Viacom are both owned by 91-year-old Sumner Redstone and his National Amusement Inc. vehicle. The New York Post reported Moonves wants to take control of that shareholding. Viacom’s […]

Nick going OTT with SVOD service

Nickelodeon is to launch a standalone US subscription on-demand service as the Viacom channel targets children and families across platforms. Talking on a Viacom earnings call yesterday, Viacom CEO Philippe Dauman said the “innovative” service would target the “fast-growing mobile market” and would be “very attractive for parents and children”. Nick plans to give the […]

Viacom CEO Dauman extends contract

Philippe Dauman has extended his contract as president and CEO of US media giant Viacom by another two years. Dauman, heavily tipped to inherit Sumner Redstone’s empire upon the 91-year-old mogul’s passing, will remain in his post until December 31, 2018 after signing the new deal. Viacom operates cable channels such as MTV, Comedy Central […]

Moonves gets prodco deal in contract renewal

Les Moonves will remain as president and CEO of US broadcast group CBS Corp. until at least 2019, at which point he will have the option to launch an affiliated production company of this own. His prior contract was due to end in 2017, but has been extended to years to June 30, 2019, the […]

Channel 5 pushes Viacom to record results

Viacom reported record results for the year ending September 30, driven by gains in its channels – or media networks – business, with the acquisition of UK broadcaster Channel 5 singled out as a key move. Announcing its fiscal fourth quarter and full year results, the US-based media giant said that for the full year, […]

Viacom’s Spike to begin int’l roll out in UK

Viacom is set to launch its male-skewing Spike channel internationally for the first time, with rollout of a new free-to-air UK version of the network in spring next year, TBI’s sister publication DTVE reports. Announcing the launch in London today, Viacom CEO Philippe Dauman said that Viacom’s acquisition of UK terrestrial broadcaster Viacom earlier this […]

Viacom confirms ‘landmark’ Sony OTT deal

Entertainment giant Viacom has confirmed it is to provide 22 launch channels for Sony Corporation’s upcoming US cloud-TV service. The deal marks the first time Viacom channels have been offered as live internet TV channels via a VOD service. Terms of the agreement were not revealed, but such a significant deal would not have come […]

Viacom closes Channel 5 acquisition

Viacom International Media Networks (VIMN) has closed its £450 million (US$740 million) acquisition of UK broadcaster Channel 5 from Northern & Shell Media Group. The deal was first announced on May 1 and was completed yesterday morning after receiving unconditional clearance from the European Commission. With the conclusion of the agreement, VIMN – which owns […]

Viacom buys Channel 5 for £450 million

US media giant Viacom has bought UK free-to-air broadcaster Channel 5 for £450 million (US$757 million). “The acquisition of Channel 5 accelerates Viacom’s strategy in the UK, one of the world’s most important and valuable media markets,” said Viacom president and CEO Philippe Dauman (pictured). “Channel 5’s momentum is indisputable, with impactful programming, increasing pularity […]

Viacom looks to growth in Europe after difficult 2013

Viacom CEO Philippe Dauman has said that its business in Europe is stabilising after a difficult period caused by the region’s wider economic challenges and he is targeting strong growth from the region. Speaking to analysts in the wake of the media giant’s fourth quarter and full-year results, Dauman said: “2013 was really a year […]