Philippe Dauman


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 […]

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 […]

Viacom names Levy global COO

Viacom’s worldwide entertainment arm has named Sarah Levy as its COO. Levy will oversee operations and strategy for Viacom Global Entertainment Group (VGEG)’s domestic cable channels and those networks that sit within the Viacom International Media Networks division. She has been promoted, having formerly been COO of Viacom Kids & Family Group, which was rebranded […]

Viacom merging US and int’l under Bakish

Viacom’s international and US channel groups are merging into a new unit that Bob Bakish will lead as interim company president and CEO. Viacom International Media Networks and domestic networks arm Viacom Music and Entertainment Group are coming together as Viacom Global Entertainment Group (VGEG). Furthermore, the Viacom Kids and Family Group, which Cyma Zarghami […]

Bakish ‘set for interim Viacom CEO role’

Viacom’s international president and CEO, Bob Bakish, is set to be named interim chief executive of the wider business as the possibility of a merger with CBS is explored. Bloomberg cited unnamed sources as saying Viacom International Media Networks boss Bakish was “close” to landing the post. Current interim CEO Tom Dooley is leaving the […]

Dooley follows Dauman out of Viacom

The interim president and CEO of Viacom, Tom Dooley, will leave the media giant in November. Dooley (pictured) has informed the board of his decision to exit on November 15 “to facilitate an orderly transition”. The news came in an announcement that also revealed: Former CEO Philippe Dauman’s plan to sell 49% of film division […]

New Viacom board meets, CEO decision looms

The newly constituted board of Viacom will meet today for the first time, with a long term successor to Philippe Dauman yet to be appointed. US reports said the board is unlikely to approve interim CEO Tom Dooley (left) as a permanent replacement today, although Viacom has said it will decide on his future at […]

Viacom to set strategy ‘swiftly’ after Dauman exit

Viacom’s main shareholder, Sumner Redstone, has called for the media giant to “embark swiftly” on a new strategy after the exit of Philippe Dauman was formally announced. On Saturday, Viacom and Redstone’s National Amusements holding vehicle confirmed the long-serving Dauman was leaving his post as CEO and president and would be replaced in the interim […]

Dauman set to exit as Viacom war ends

Philippe Dauman is set to leave his role as CEO of Viacom in exchange for a massive pay-out, ending the war for control of the US entertainment giant. According to numerous media sources, Viacom’s board met last night to vote and agree on terms of a deal with the company’s controlling shareholder, Sumner Redstone. Viacom […]

Viacom corporate crisis weighs on confidence

Moody’s has said the outlook for Viacom is now negative, citing weak results and an “unprecedented corporate governance crisis”. The influential credit ratings agency further warned that the media giant’s rating could be downgraded if the decline in its performance is not arrested, and the company continues to make “ill afforded dividend payments in the […]

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