Viacom Incorporated

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Google Slumps After Profit Misses Analysts' Estimates on Surge in Spending

www.topix.net | 1 hour 2 minutes ago

Google Inc. fell as much as 12 percent in late trading after reporting earnings that missed analysts' estimates on a surge in spending on new projects and costs to defend YouTube in a copyright lawsuit.

http://www.topix.net/com/viab/2008/07/google-slumps-after-profit-misses-analysts-estimates-on-surge-in-spending

Google Stock Drops As Investors Fear Economy Taking Toll (Investor's Business Daily)

biz.yahoo.com | 1 hour 9 minutes ago

Google Stock Drops As Investors Fear Economy Taking Toll. - Google paid a price for what an analyst called a failure to communicate.

http://biz.yahoo.com/ibd/080718/tech.html?.v=1

Google eats Russkie ad firm

www.theregister.co.uk | 7 hours 17 minutes ago

Begin the BegunAs it plays catch-up in the Russian search market, Google will acquire a seasoned Russian ad firm for $140m in cash.…

http://www.theregister.co.uk/2008/07/19/google_buys_begun/

Daily Online Examiner: Yang Gets Support From Legg Mason

www.mediapost.com | 9 hours 23 minutes ago

Yahoo's Jerry Yang is gaining momentum in his fight to keep the company out of Microsoft's hands. In the latest development, Bill Miller, portfolio manager at shareholder Legg Mason, which controls 4.4% of Yahoo's stock, announced this morning he will back the current board.

http://www.mediapost.com/publications/index.cfm?fuseaction=Articles.showArticleHomePage&art_aid=86898

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Welcome to Probitas Press

www.probitaspress.com

CBS spun off tiny Viacom, led by Baruch. The parent had 28,000 employees, the child 200. CBS and federal agencies piled on oppressive conditions that nearly strangled Viacom in its crib.

http://www.probitaspress.com/

Welcome to Viacom

For information about CBS Corporation, formerly named Viacom Inc. prior to its separation into two publicly traded companies on December 31, 2005, click here: www.cbscorporation.com

http://www.viacom.com/

TESO: To Present At Deutsche Bank Global Retail Conference @ 05:15 ET [delayed] - Zibb.com

www.zibb.com

Company representatives of Tesco Corporation (NasdaqNM: TESO) will be presenting at the Deutsche Bank Global Consumer & Food Retail Conference today. The Company's presentation is scheduled to begin at 05:15 ET. Expected Speaker(s): Steve Webb, Investor Relations Director Misc Releated Info:**

http://www.zibb.com/article/3450488/TESO+To+Present+At+Deutsche+Bank+Global+Retail+Conference+ET+delayed

Multichannel News Newswire

www.multichannel.com

New York – News Corp. chairman and CEO Rupert Murdoch said Fox Business Network won’t compete directly against rival business news channel CNBC. “We’re going to be very different to CNBC,” Murdoch said at the Goldman Sachs Communacopia conference.

http://www.multichannel.com/enewsletter/CA6479696/2226.html

News from Zibb.com

Total : 27 View more »

YouTube To Mask Viewer Data To Viacom In Suit - Zibb.com

Jul 16, 2008 (financialwire.net via COMTEX) --

July 16, 2008 (FinancialWire) Media conglomerate Viacom (NYSE: VIA) won't be told the identities of individuals who watch video clips on Google's (NASDAQ: GOOG) (Current Market Cap: US$162.01 Bil.) video-sharing site YouTube during the company's copyright suit.

Viacom and other copyright holders have agreed to let YouTube mask user IDs and Internet addresses when YouTube hands over viewer ship records in a $1 billion lawsuit accusing the site of enabling copyright infringement. A federal judge ordered the database produced in a July 1 ruling widely criticized by privacy activists.

Viacom is seeking at least $1 billion in damages from Google, saying YouTube built its business by infringing copyrights on Viacom shows, which include Comedy Central's The Daily Show with Jon Stewart and Nickelodeon's SpongeBob SquarePants cartoon.

Under the agreement, YouTube can swap the user logins and IP addresses with other, presumably anonymous signifiers. YouTube has a week to propose its method.

FinancialWire" is a fully independent, proprietary news wire service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation from any company for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net . The FinancialWire" NewsFeed is available in multiple formats at http://www.investrend.com/XmlFeeds?level=268 . Please address any inquiries to feedback@financialwire.net .

Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .

http://www.financialwire.net

DreamWorks close to deal with Reliance, funding split from Viacom - report - Zibb.com

LONDON, Jun 18, 2008 (Thomson Financial via COMTEX) --

Steven Spielberg's DreamWorks SKG is close to a $500-600 million deal to form a new movie venture with India's Reliance ADA Group, the Wall Street Journal reported, citing people familiar with the situation.

The deal would give Spielberg the cash to finance DreamWorks' departure from Viacom Inc.'s Paramount Pictures later this year, the newspaper added.

Reliance would get a large stake in the new company. DreamWorks would likely seek another $500 million or so in debt financing elsewhere to give the venture enough money to make about six films a year, the Journal said. tf.TFN-Europe_newsdesk@thomsonreuters.com jms

Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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Viacom President and Chief Executive Officer Philippe Dauman to Speak at the Sanford Bernstein 24th

NEW YORK, May 21, 2008 /PRNewswire-FirstCall via COMTEX/ --

Viacom Inc. (NYSE: VIA and VIA.B) today announced that Philippe Dauman, President and Chief Executive Officer of Viacom, will speak at the Sanford Bernstein 24th Annual Strategic Decisions Conference on Wednesday, May 28, 2008. His question-and-answer session, which is scheduled to begin at approximately 2:00 p.m. (ET), will be open to the general public through a live webcast on Viacom's website at www.viacom.com. A replay of the audio webcast will be available in the "Events-Webcasts" section of the site.

About Viacom

Viacom, consisting of BET Networks, MTV Networks and Paramount Pictures, is the world's leading entertainment content company. It engages audiences on television, motion picture and digital platforms through many of the world's best known entertainment brands, including MTV, VH1, CMT, Logo, Harmonix, Nickelodeon, Noggin, Nick at Nite, AddictingGames, Neopets, COMEDY CENTRAL, Spike TV, TV Land, AtomFilms, Gametrailers, BET, Paramount Pictures, DreamWorks Pictures and Paramount Vantage. Viacom's global reach includes approximately 160 channels and 325 online properties in 160 countries and territories.

For more information about Viacom and its businesses, visit www.viacom.com.

SOURCE Viacom Inc.

http://www.viacom.com

Viacom (VIA) NewsBite - Zibb.com

Jul 01, 2008 (Fresh Brewed Media via COMTEX) --

Viacom (NYSE: VIA) closed yesterday at $30.61. So far the stock has hit a 52-week low of $30.15 and 52-week high of $44.95. Viacom stock has been showing support around 29.89 and resistance in the 31.19 range. Technical indicators for the stock are Bearish. VIA appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Nov '08 30 covered call (VIA KF) for a net debit in the $27.96 area. That is also the break even stock price for this trade. This covered call has a 144 day duration, provides 8.66% downside protection and a 7.30% assigned return rate for an 18.49% annualized return rate (comparison purposes only). Viacom does not pay dividends at this time.

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Companies: Viacom, Inc. (VIA)

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