Displaying all articles tagged:

Viacom

  1. the industry
    Broad City Is Ending, But Abbi and Ilana Signed a Major Viacom DealBut Ilana and Abbi have three shows in development for Comedy Central’s parent company.
  2. The Lesson of MTV News Is Not ‘Longform Is Dead’Another media company makes the pivot to video.
  3. crazy lawsuits
    Tom Sizemore Sued by Injured Shooter Stuntman The incident happened July 6 during filming.
  4. the industry
    Viacom Is Reportedly Preparing for Monster Trucks to Lose So Much MoneyThe conglomerate is taking a $115 million write-down because of the film.
  5. coming to america
    A Chinese Company Might Buy Huge Paramount StakeBut Viacom’s internal legal squabbles might intercede.
  6. business
    DirecTV, Viacom Reach TruceYes, yes, you’re both very powerful.
  7. Viacom Lawsuit Against YouTube Alive Again Thanks to AppealA reversal today goes against Google.
  8. The Importance of Stephen Colbert’s Bold and Subversive PACOn Wednesday night Stephen Colbert took on Comedy Central’s parent company Viacom, calling out their lawyers for trying to block his attempts […]
  9. feuds
    Viacom vs. YouTube: Just the Funny PartsCorporate intrigue starts at Kinko’s.
  10. hulu
    Daily Show, Colbert Report to Be Taken Off HuluComedy Central shows have been among the most popular on the video website.
  11. ozay
    The Sarah Silverman Show Returns, Now With More Stealth Advertorial!If this is what it takes to save the show, we’re all for it.
  12. tvpocalypse
    Apple Wants You to Watch TV with iTunesAnd you will submit.
  13. rich people
    Sumner Redstone Is in Need of Some Extra Pocket ChangeTurns out he’s got a fairly sizable loan coming due at the end of the month.
  14. meltdowns
    The Reality Slate at MTV Networks Suffers Another Critical Blow to Its Already Damaged ReputationThe fate of DJ AM’s show after his sudden death forces executives to make even more tough decisions about the future of their programming slate.
  15. scandals
    VH1 Postpones All Future Airings of Megan Wants a Millionaire in Wake of Murder InvestigationThe network is rocked when a contestant on one of its reality shows finds himself wanted for questioning in a shocking murder.
  16. broadwaypocalypse
    It’s the End of an Era: MTV Is Planning to Leave Iconic Times Square StudioWhere will all the Backstreet Boys fans converge now?
  17. Sumner Redstone Disses Murdoch, Turner, Leno, Vows to Live ForeverThe Viacom chairman knows the secret to immortality.
  18. awfulness
    How Much Will We Pay for Bromance?Time Warner and Viacom resolved their dispute — but at what cost?
  19. industry
    Hugh Jackman Too Busy to Star in Weird-Ass Soderbergh MusicalBut he’s not too busy to play an owl!
  20. industry
    Michael Pitt to Pick Up Steve Buscemi’s Dry CleaningPlus: Andrew Lloyd Weber satisfies your mom’s wildest desires, and ‘The Terminator’ gets the respect it’s due.
  21. Major Layoffs at ViacomSorry, ‘cost-saving initiatives.’
  22. Sumner Redstone Sells Midway GamesAw. And we thought he was going to Mortal Kombat his way out of this mess.
  23. Sumner Redstone Not So Adamant About Keeping CBS AnymoreIt’s amazing what a little $800 million impending debt payment will eventually do to a man.
  24. mortal kombat
    Will Sumner Redstone Be Felled by Crappy Video Games?Over the past 25 years, Redstone’s sunk an estimated $700 million into Midway Games, the company responsible for Mortal Kombat.
  25. Rupert Murdoch Eyeing Sumner Redstone’s Problems With GleeAfter years of trying to position himself as a rival to Murdoch, Redstone’s getting what he asked for.
  26. Sumner Redstone Will Never Sell (Again)He won’t sell off any more shares of CBS or Viacom despite serious oncoming debt deadlines.
  27. beef
    Paramount Execs Unaware of ‘South Park’ Indy RapeApparently Paramount executives missed Wednesday night’s episode of ‘South Park.’
  28. President Bush Sums Up the Financial Crisis the Best Way He Knows HowWall Street got drunk,” the president said, “and now it’s got a hangover.” Also, Donald Trump Jr. invests in India, ‘Esquire’ editors decide to flash people, and more, in our daily roundup of finance, real-estate, media, and law news.
  29. Chairman Cox Bans Naked Short-SellingHeh. Naked short selling. Sounds like something a frat boy would do, right? Well … it sort of is. Read all about the SEC’s bold move to crack down on market manipulators and more, in our daily roundup of finance, media, law, and real-estate news.
  30. Les Moonves Has Bigger Fish to Fry Than Katie CouricHe’s got to deal with Viacom CEO Philippe Dauman, who the ‘Post’ says is out for Moonves’s neck.
  31. Dan Rather Rails Against ‘Corporate Overlords’ Colluding With ‘Powers in Washington’Part of what Dan Rather was hoping for, in his $70 million lawsuit against former employer CBS, was the ability to open to public scrutiny the company’s actions that led up to his ouster in 2005. So it’s no surprise that when the network asked Manhattan Supreme Court to keep documents concerning Memogate private, the former anchor got a bit upset. CBS originally said it would keep things public, but they have backed off that. Rather, who wanted the public to see all the information involving the media giant’s investigation into the origins of disputed memos about President Bush’s National Guard Service, railed against network execs. “It is a fact that corporate overlords working in secret collusion with the powers in Washington are intruding far too often in far too many newsrooms,” he said. “Corporate overlords? “Secret collusion”? “Powers”? What is this, a Wachowski movie? Whether or not he is right, Rather isn’t doing himself any favors in the battle to rescue his reputation. He, of all people, should know how much phrasing matters. Rather: CBS Bosses Hiding Truth [NYDN via Jossip]
  32. Have You Heard? There’s a New Economic Freak-out Happening!FINANCE • William A. Ackman of Pershing Hedge Funds got everyone freaking out about bond insurers by issuing a report yesterday afternoon predicting that MBIA and the Ambac Financial Group might just lose $24 billion on mortgage investments. “Here comes Ackman at the 11th hour upsetting the apple cart,” Douglas M. Peta, chief market strategist at J.& W. Seligman & Company, told the Times. “I don’t think anybody has really thought it all through, but we all understand the implications of real trouble in the bond insurers could be far reaching.” [NYT] Related! MBIA announced a $3.5 billion write-down this morning. [CNN] • Wharton is still the number-one place in the universe to pick up an MBA. [FT] • Following in the steps of other CEOs with giant mortgage-related losses, Merrill won’t give its top brass any bonuses. But they will give them stock options “to promote the continuity of the management team as they continue to navigate through challenging market conditions in 2008.” That’s one way to hang on to staff. [Reuters]
  33. Alone in the CrowdNew Yorkers watching Will Smith walk through the ruins of an uninhabited Manhattan onscreen in I Am Legend knew just how he felt; it was a week for contemplating loneliness. Rudy Giuliani, indulging in fantasy population control of his own, envisaged a city in which he’d deported 400,000 illegal aliens. (“I would have had fewer problems,” he’s quoted as saying in a new book.)
  34. Viacom Freelancers Continue to Protest Despite Love From AboveExactly seven minutes before their scheduled 3 p.m. protest today, Viacom freelancers received a memo from HR’s JoAnne Griffith saying that the company had decided to let them keep their old health-care plans (although the controversial Aetna plan “has certain advantages that may make it the preferred option for many of our freelance and temporary employees,” the memo said — as if!). When the e-mail arrived, “there was a palpable sense of relief,” said one freelancer, “however, we are still missing several key items that we had before,” including the company’s contributions to their 401(k) and paid holidays. So it was back out to Times Square and chanting, and someone even started a blog for True Life stories of Viacom freelancers, such such as this one, titled “Engaged and Underpaid”: “My girlfriend and I recently got engaged and set a date for the fall ‘08 for our wedding, but [getting on her health-care plan] will cost us a huge chunk of what we had been saving for our wedding. So much for getting married in ’08. THANKS VIACOM!” Another protest is planned for tomorrow, where the Viacom freelancers will be joined by members of the Writers Guild East, who are on full-time, as opposed to teatime, strike. In Major Reversal, Viacom Returns Healthcare to Freelancers [Gawker]
  35. Viacom Freelancers Protest in Times Square: ‘I Want Teeth’The section of 42nd Street directly below the glass-walled studio where MTV’s Total Request Live is filmed is usually occupied by screaming fans of pop-music acts and MTV personalities, but at 3 p.m. today it was filled with nearly 300 MTV employees, who gathered outside the Viacom building to protest the drastic cuts the company is making to the benefit plans of its full-time freelancers. “The TRL people were all looking down at us,” said one freelancer. “We booed them.” They may have been angry, but the protesters weren’t uncreative: They held aloft signs bearing twisted Viacom logos — Nickelodeon became “Sickolodeon” and MTVWTF.” They were even musical, chanting “I want my benefits” to the tune of the Dire Straits’ “Money for Nothing,” and “You’ve Got to Fight for Your Right to Health Care!” to the Beastie Boys’ “You’ve Gotta Fight for Your Right (to Party).” “It was pretty catchy,” said one freelancer, who added that some of the chants were more direct. “There was one where everyone just shouted, ‘I want teeth,’” she said. But the protests weren’t, after all, just for fun. “We deserve to be able to take care of our bodies when we get sick,” said the freelancer about the new health plan, which she called “a piece of shit.” “We’re worth more than that.”
  36. At 3 P.M. Today, What Will Sumner Do?According to a press release sent to us from embittered Viacom freelancers, 3 p.m. is the hour that they will storm out of the offices today to protest large changes in the company’s benefit program. Though Sumner’s army of evil attempted to make some concessions last week, it seems like it’s still on. From the release: The holiday season has arrived and you work for one of the largest media corporations in the world. You receive your invitation to the company’s annual holiday gala event, and along with it, you are given the alarming news that in a few weeks, large portions of your employee benefits – including health insurance and retirement benefits – will be slashed or cut. It sounds like a tale only Scrooge could spin, but this was the case for thousands who work each day for Viacom but are classified as ‘freelancers’, some of whom have been working for the company as long as 9 years. Wow, Scrooge? Someone get these creative people a raise! Any readers planning on walking out, too? Send us what’s going on in the interior; we’re dying to know. E-mail us at intel@nymag.com. After the jump, the full press release.
  37. office-party patrol
    Inside the Viacom Holiday Party: Screw It, Let’s Get WastedViacom employees and freelancers weren’t sure what to expect from their holiday party last night. After the company announced they were making major cuts to employee and freelancer benefits, no one was in a great mood. People talked about protesting at the party, wearing “Permalancers Are People, Too” T-shirts and handing out stickers that someone had made on which WTF replaced the MTV logo. Some people were talking about boycotting the party altogether. But at 5 p.m., after HR veep JoAnne Griffith sent around a memo announcing the cuts would be less severe than previously announced, the rage subsided, the angst transmuted into relief, and Sumner Redstone’s serfs succumbed to Weimar-esque debauchery. Daily Intel got a report from inside the belly of the beast.
  38. For Viacom Freelancers, Neither Happiness Nor Health for ChristmasMEDIA • Viacom screws over its army of freelancers by rolling back benefit programs drastically. Merry Christmas! [MixedMedia/Portfolio] • The Washington Post is sending veteran reporter and inveterate partier Keith Richburg to town to take over the paper’s New York bureau. He’s well known for throwing parties with, get this, as many as 30 people! Will Manhattan will be able to handle it? [NYO] • No holiday party at Time Inc. or the New York Times. Suckas! [Radar]
  39. the early-evening news
    Jerry Bruckheimer Back to What He Does Best: Blowing Shit UpPlus news on Jeffrey Katzenberg, Bob Dylan, and the coming zombie apocalypse.
  40. the take
    Can ‘Cloverfield’ and ‘Love Guru’ Help Paramount Forget About DreamWorks?Viacom’s CEO thinks Love Guru will solve all Paramount’s problems.
  41. in other news
    Sumner Redstone: How Crazy After All These Years? Just how nuts is Sumner Redstone? Clearly quite nuts, or at least quite senile. But there’s also a chance he hasn’t been quite as nuts, for quite as long, as today’s Times suggest. Yes, yes: He’s probably trying to oust his daughter and heir apparent, Shari, from their companies. And yes, yes: He summarily fired Tom Cruise last year and then ousted Tom Freston. But perhaps he hasn’t always been quite this bad. Consider one of the best anecdotes in the Times story: In 1999, at a news conference for Viacom’s purchase of CBS, Mr. Redstone interrupted Mel Karmazin, CBS’s chief executive, by blurting “I’m in control! Remember — I’m in control!” into a microphone. Despite being widely considered Mr. Redstone’s successor, Mr. Karmazin left the company in 2004. We were amused, and intrigued, and wanted to find out what happened next in the press conference. So we went to trusty Nexis, where we discovered something interesting.
  42. So Who Will Run Viacom?MEDIA • Sumner Redstone is feuding with his daughter, leaving the future of Viacom in doubt. [WSJ] • Forbes is putting its historic Greenwich Village building on the block. [NYP] • Countdown With Keith Olbermann referred to a Louisiana senator’s wife as a ho. Imus again? [FishbowlNY/Mediabistro]
  43. Weinstein Goes from Film to FashionFASHION • As rumored, film producer Harvey Weinstein bought Halston. [Reuters via CNNMoney] • Ralph Lauren will be honored with the CFDA’s first-ever “American Fashion Legend Award.” [British Vogue] • Sarah Jessica Parker to launch her own line, Bitten. [The Daily]
  44. Mayor’s Girlfriend Leaves Public for Private SectorFINANCE • Diana Taylor — the mayor’s First Girlfriend — leaves post as state superintendent of banks for boutique investment firm Wolfensohn & Co. [NYP] • Harold Ford Jr. loses Senate race in Tennessee, wins position at Merrill Lynch. [CNNMoney] • Former Citigroup CEO Sandy Weill wants hedge funds to open up their books. [Spiegel via DealBreaker]