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Is Tyler Perry The New Owner of BET, VH1? Inside The Rumors
Thursday, June 15, 2023 - 2:18pm | 987Reports have surfaced that world-renowned producer, director, actor, screenwriter and entrepreneur Tyler Perry has finalized a deal to purchase BET and VH1 from Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA). Amid unconfirmed reports, let's delve into the most recent news and...
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Report: Viacom Will Stream BET Network
Monday, June 10, 2019 - 1:43pm | 310Viacom, Inc. (NASDAQ: VIAB) could be the latest company to enter the streaming war space, sources close to the matter told The Wall Street Journal. What Happened Viacom could launch its BET network at a price point higher than the $2.99 a month it charges for the preschool-focused Noggin service,...
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Viacom: Dividend Cuts And CEO Exit Leave Investors Anxious
Thursday, September 22, 2016 - 3:38pm | 515Viacom, Inc. (NASDAQ: VIAB) left investors more anxious after the media company cut its dividend and fourth quarter earnings guidance, and announced the exit of interim CEO Tom Dooley. The company slashed its quarterly dividend in half, from $0.40 to $0.20, which will save about $80 million per...
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What To Make Of The Viacom-DISH Network Expiration
Wednesday, April 20, 2016 - 1:20pm | 646Unlike previously believed, the programming agreement between Viacom, Inc. (NASDAQ: VIAB) and DISH Network Corp (NASDAQ: DISH) expires Wednesday at midnight. While Viacom's website states the deal is seven years old with an initial expiration date for January 2016, analysts at BTIG were under the...