Tough Times for Viacom
Apr 9, 2015 ·
3m 32s
The company that owns cable networks like Nickelodeon, MTV and Comedy Central and the film studio Paramount Pictures has recently taken a $785 million hit to their bottom line. Sumner...
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The company that owns cable networks like Nickelodeon, MTV and Comedy Central and the film studio Paramount Pictures has recently taken a $785 million hit to their bottom line. Sumner Redstone, 91-year-old majority owner of Viacom, did not appear at the last shareholders meeting, leaving many to wonder if the company is primed for a potential merger.
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