October 2004
Investment Dealers' Digest;10/11/2004, Vol. 70 Issue 39, p64
Trade Publication
The article presents information on the business performance of the media and entertainment industry as of 2004. Viacom Inc. said it plans to gain entry into the rapidly growing U.S. Hispanic radio market by selling a radio station to the Spanish Broadcasting System in exchange for a 10% stake. Sony's U.S. unit is said to be in negotiations to unwind Sony/ATV, a partnership it has with Michael Jackson that owns the rights to songs by the Beatles and the largest collection of country music copyrights. Industry observers expect Jackson to co-operate, as he needs the money to pay off debt and other financial problems stemming from his most recent child molestation charges.


Related Articles

  • Minority buyers at issue in D.C.  // MediaWeek;05/19/97, Vol. 7 Issue 20, p3 

    Reports on the opposition of the Reverend Jesse Jackson and the Rainbow-PUSH civil rights coalition against the sale of four radio stations in Washington D.C. owned by Viacom Inc.

  • Viacom says Mexico a 'priority'. Bennett, Ray; Taylor, Joel // Hollywood Reporter -- International Edition;4/6/2004, Vol. 383 Issue 17, p52 

    As entertainment company Viacom Inc. continues to push for international growth opportunities, particularly for its popular cable networks, Mexico will be a key market for the company, chairman and CEO Sumner Redstone said. In Mexico, the launch of a local version of VH1 will be an important...

  • Viacom-CBS merger gets FCC approval. Halonen, Doug // Electronic Media;05/08/2000, Vol. 19 Issue 19, p70 

    Reports on the United States Federal Communications Commission's approval of Viacom's acquisition of CBS Corp., but on condition that the media company divest key television properties within one year. Viacom's request that it be granted two years to divest some 16 stations; Total number of...

  • Viacom Shakeup: Labor Day Gone, But Sumner Isn't.  // CableFAX Daily;9/6/2006, Vol. 17 Issue 172, p1 

    The article discusses issues pertaining to Viacom following the ouster of cable veteran Tom Freston. According to Gary Klein, a partner for New York-based executive search firm Christian & Timbers, the shakeup harkens back to the split of CBS and Viacom. The action of Merrill Lynch was to...

  • Upward trend. Szalai, Georg // Hollywood Reporter -- International Edition;4/27/2004, Vol. 383 Issue 31, p13 

    Just where shares of Viacom Inc. will go from here was the subject of much Wall Street debate last week after the entertainment giant reported better-than-expected first-quarter results. Once an industry stalwart, the stock last year underperformed compared with many of its peers and broader...

  • Media tax break on the way out. Boliek, Brooks // Hollywood Reporter;2/9/95, Vol. 335 Issue 48, p1 

    Reports that the House tax writing committee voted to terminate a longstanding tax break for communications companies. Effect on Viacom Inc.'s plan to sell its cable systems to a minority-controlled partnership; Questions about the tax program's contribution to minority ownership and its cost...

  • Redstone: Viacom doesn't Need More Distribution. Farrell, Mike // Multichannel News;6/18/2001, Vol. 22 Issue 25, p58 

    Reports the business operations of Viacom Inc., a telecommunications company in the United States. Capabilities of the network to offer quality programs without adding distribution outlets; Strategic plans of Viacom Inc.; Percentage of growth of the company for the year 2000.

  • Viacom Plus Helped Soften the Blow. Moss, Linda // Multichannel News;4/29/2002, Vol. 23 Issue 17, p20 

    Reports the sale of Viacom Inc. of its cross-media and packages across its various properties through its Viacom Plus sales unit. Number of deals made by Viacom Plus in 2001; Discount on ad rates; Importance of MTV to have identity and brands in the market.

  • Choice FM plans Notting Hill work.  // Marketing (00253650);8/11/2004, p8 

    The radio station Choice FM has signed a two-year deal with Viacom Inc. for poster sites at the main gateways to London, England's Notting Hill Carnival. The radio station, which plays hip hop and R & B, has also teamed up with mobile operator O2 to broadcast the event from the Elgin Bar, which...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics