NEW YORK (CBS.MW) -- Viacom on Wednesday cut its 2003 profit forecast, saying that local advertising has not bounced back as expected. Viacom shares VIA fell 3.6 percent, or $1.44, to $38.83 on ...
June 18, 2004, 11:21 AM EDT / Source: Reuters Viacom Inc. on Friday disclosed terms of the anticipated split-off of its Blockbuster Inc. movie rental operation, a move that is expected to generate ...
Sumner Redstone, a controlling shareholder of Viacom Inc and CBS Corp, might be forced to sell either of the companies to help tide over the current financial crunch being faced by his movie theater ...
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