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Viacom

Viacom. Viacom. Fourth largest media company 14.9 billion in revenues in 2011 Employees 126,820 Reaches 600-million people worldwide. Viacom. Majority of Viacom is owned by National Amusements Inc. “A closely held company…” Owned by Sumner Redstone and his daughter Shari

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Viacom

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  1. Viacom

  2. Viacom • Fourth largest media company • 14.9 billion in revenues in 2011 • Employees 126,820 • Reaches 600-million people worldwide

  3. Viacom • Majority of Viacom is owned by National Amusements Inc. • “A closely held company…” • Owned by Sumner Redstone and his daughter Shari • http://www.nationalamusements.com/about/corporate.asp

  4. Viacom • Viacom • CEO: Sumner M. Redstone • Employees 126,820 • Revenues • $12.86 billion

  5. Sumner Redstone • Sumner Murray Rothstein • 88 years old • Net worth = $4.4-billion • #242 on Forbes list of billionaires • 2011 total compensation • $20,283,910 • Executive Chairmanof CBS

  6. Viacom & CBS • On December 31, 2005, the former Viacom Inc. was separated into two publicly traded entities, creating a new company called "Viacom Inc." The existing company changed its name upon the separation to "CBS Corporation."

  7. Viacom • ‘Unbridled consumerism.’ -MTV’s Tom Frestonoutlines MTV India’s content. • Viacom from the cradle to the grave: ‘You can literally pick an advertiser’s needs and market that advertiser across all the demographic profiles, from Nickelodeon with the youngest consumers to CBS with some of the oldest consumers.’

  8. http://www.viacom.com/Pages/default.aspx

  9. VIACOM & Politics • Viacom broke US rules controlling media ownership when it bought TV network CBS. Within a week, Senator McCain had proposed a change to those rules. Viacom is McCain’s fourth biggest ‘career patron’.

  10. Viacom, Redstone & Politics • This election cycle • Redstone gave $5K to Viacom PAC • Redstone gave $5K to Diane Feinstein through carimn md victory fund • Other donors to that PAC

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