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Philippe Dauman Entitled to $58M Viacom Severance Payment, Board Summons Paramount Management

The company in a regulatory filing says Paramount management will provide the Viacom board with a business update and may face more board oversight.read more.....»»

Category: topSource: hollywoodreporterJan 12th, 2017

Viacom Discloses Details of Philippe Dauman’s $72 Million Settlement Deal

Philippe Dauman will leave his post as Viacom chairman-CEO next month with a $46 million check in hand as part of a severance package estimated to be worth about $72 million. Dauman will also be eligible for a 2016 bonus of up to $20 million, under the te.....»»

Category: topSource: varietyJan 12th, 2017

Viacom Officially Resolves Leadership Dispute: Dauman Out, Thomas Dooley Interim President & CEO

Following unanimous approval by the Boards of Directors of Viacom and National Amusements Inc. of a settlement in the ongoing dispute over Viacom leadership, Philippe Dauman has stepped down as president and CEO of Viacom. Thomas Dooley, Viacom Chief Oper.....»»

Category: topSource: deadlineAug 21st, 2016

Viacom Chief Philippe Dauman Predicts Paramount Deal by End of Next Quarter

Calling Paramount Pictures a “crown jewel,” Viacom Chairman and CEO Philippe Dauman said Monday that he hoped to have an agreement to sell a minority stake in the studio behind “Star Trek” and “Transformers” by the end .....»»

Category: topSource: varietyMar 7th, 2016

Former Viacom Chief Tom Freston Goes Public with Criticism of Philippe Dauman

Former Viacom chief Tom Freston is adding to the chorus of critics calling for Philippe Dauman to be replaced as chairman-CEO of Viacom. Preston gave a lengthy interview Wednesday to CNBC in which he didn’t hold back on his assessment of the state o.....»»

Category: topSource: varietyJun 16th, 2016

Female Staffer Who Accused Chris Matthews of Sexual Harassment Received Severance from NBC - Variety

VarietyFemale Staffer Who Accused Chris Matthews of Sexual Harassment Received Severance from NBCVarietyA female staffer was paid severance by NBC after accusing Chris Matthews of sexual harassment,Variety has confirmed. The woman was an assistant producer on “Hardball with Chris Matthews,” according to the Daily Caller, who first reported the news, and ...MSNBC Confirms 1999 Separation Payment To Female Staffer Following Chris Matthews' Inappropriate JokesDeadlineNBC Paid Staffer Severance After Accusing Chris Matthews Of HarassmentHuffPostMSNBC's Chris Matthews was reprimanded over comments about woman in 1999NBCNews.comHollywood Reporter -Daily Beast -New York Post -UPROXXall 35 news articles ».....»»

Category: topSource: googlenewsDec 17th, 2017

Philippe Dauman Will Skip Sun Valley Meet As Moguls Question Viacom’s Fate

Viacom CEO Philippe Dauman won’t have an embarrassing encounter with Vice Chair Shari Redstone this week at investment banker Herb Allen’s annual Sun Valley mogul gathering. Redstone’s already there, and the Viacom chief was invited. But.....»»

Category: topSource: deadlineJul 7th, 2016

Viacom CEO Dauman Pursuing Paramount Stake Sale

"We have been approached by several potential strategic investors," CEO Philippe Dauman said during an investment conference Tuesday. Viacom shares surge as much as 5 percent.read more.....»»

Category: topSource: hollywoodreporterJan 17th, 2017

CBS, Viacom boards form exploratory committees to evaluate a merger - Los Angeles Times

Los Angeles TimesCBS, Viacom boards form exploratory committees to evaluate a mergerLos Angeles TimesShari Redstone, part of the Sumner Redstone clan, is advocating a merger of Viacom and CBS. (Valerie Macon/ AFP/Getty Images). CBS Corp. and Viacom Inc.'s boards each have formed special committees to evaluate whether a merger of the two companies ...CBS, Viacom form committees to explore mergerNew York PostCBS board meets, set to discuss Viacom merger: sourcesBusiness InsiderSource: Viacom, CBS preparing to announce steps to mull a mergerStandard-ExaminerVariety -Deadline -TheWrap -Bloombergall 20 news articles ».....»»

Category: topSource: googlenewsFeb 1st, 2018

Viacom Shakeup: 5 Problems Wall Street Wants the Board to Address

Wall Street’s dismay at Viacom’s long-term prospects was one of the biggest catalysts for the management overhaul that begins in earnest this week with the exit of Philippe Dauman as chairman-CEO. As the newly constituted Viacom board meets this week .....»»

Category: topSource: varietySep 12th, 2016

Sumner Redstone Says He Opposes Sale Of Paramount Stake And Calls Claims He’s Incapacitated “False And Unfair”

UPDATE with Viacom statement: The new war between Viacom and CBS Chairman Emeritus Sumner Redstone — or, depending on whom you believe, the people around him — and Viacom CEO Philippe Dauman just became more intense. Redstone’s camp rel.....»»

Category: topSource: deadlineMay 23rd, 2016

CBS-Viacom Watch: Viacom Awaits New Offer, Moonves Severance Package Calculated

The temperature in the battle over the future of CBS and Viacom dropped a few degrees on Thursday after Wednesday’s flare-ups. Viacom is awaiting a response from CBS to the acquisition counteroffer that Viacom submitted last week. CBS executives and bankers were said to be huddling Wednesday and Thursday to hammer out a new offer. […].....»»

Category: topSource: varietyApr 12th, 2018

Viacom weighs selling minority stake in Paramount film unit

(Reuters) - Viacom Inc is considering selling a "significant" minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday.....»»

Category: topSource: reutersJan 17th, 2017

Viacom, Sumner Redstone Close to Deal Ousting CEO Philippe Dauman

The media giant's board has given preliminary approval on a deal that would give Dauman an up to $90 million exit package, according to a person familiar with the discussions. The settlement would put an end to a hard-fought legal battle that began in Jun.....»»

Category: topSource: hollywoodreporterJan 12th, 2017

It"s War: Sumner Redstone Ousts Philippe Dauman From Trust That Will Control Viacom and CBS

Dauman and director George Abrams are being removed as trustees of the board that will have voting control over both companies. read more.....»»

Category: topSource: hollywoodreporterJan 15th, 2017

Donald Trump"s Lawyer CONFIRMS Stormy Daniels Payout — But Claims POTUS Wasn"t "Party To The Transaction"!

We call bullshit. On Tuesday, Donald Trump's lawyer confirmed that he made a six figure payment to porn star Stormy Daniels amid the 2016 presidential election. However, the legal expert is claiming the Cheeto-In-Chief knew NOTHING about the shady payoff. Related: Piers Morgan Spills Tea On 'Vicious, Duplicitous' Omarosa During a chat with The New York Times, Michael [...] We call bullshit. On Tuesday, Donald Trump's lawyer confirmed that he made a six figure payment to porn star Stormy Daniels amid the 2016 presidential election. However, the legal expert is claiming the Cheeto-In-Chief knew NOTHING about the shady payoff. Related: Piers Morgan Spills Tea On 'Vicious, Duplicitous' Omarosa During a chat with The New York Times, Michael D. Cohen stated he handled "a private transaction," where he paid POTUS' alleged mistress (born Stephanie Clifford) $130,000 out of his own pocket. The attorney, who was employed by the Trump Organization for more than a decade, claims he was in no way compensated by the Trumpster. He noted: "Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed me for the payment, either directly or indirectly. The payment to Ms. Clifford was lawful, and was not a campaign contribution or a campaign expenditure by anyone." Why do we have a hard time believing this??? In case you forgot, back in January, the Wall Street Journal reported that one of Trump's lawyers arranged for Miz Daniels to receive a hefty payment -- in exchange for the XXX actress' silence regarding an alleged sexual encounter with the Celebrity Apprentice alum. It's rumored Stormy and Donnie got physical less than four months after Trump's wife, Melania Trump, birthed son Barron Trump. Cohen, along with Trump's White House staff, have denied the affair allegations. Later in January, In Touch published snippets from a shelved 2011 interview with Daniels, where she detailed multiple alleged sexual encounters with Donald. One of the supposed hookups took place in July 2006 at golf tournament in Lake Tahoe. Ugh. Daniels has danced around confirming the payout and affair reports. In a statement released by Cohen on behalf of Stormy, the adult performer said the affair gossip was "completely false." On January 30, a second statement seemingly written by Stormy was released. Although, hours later, the blonde stunner suggested that the denial was not from her, as she noted that the signature was different. Tsk, tsk. We have a feeling there's A LOT more to this story -- and we can't wait for when it leaks to the press!! [Image via Instagram/WENN.].....»»

Category: gossipSource: perezhiltonFeb 14th, 2018

Embattled Viacom CEO Philippe Dauman Takes His Case to the Company"s Employees

Urging the company not to be distracted by his current battle with Sumner Redstone, Viacom's top executive makes his argument for how Viacom's various businesses are moving "rapidly and successfully into the future."read more.....»»

Category: moviesSource: hollywoodreporterMay 25th, 2016

Tensions Rise in CBS, Viacom Talks Over Management Concerns and Spin Wars

The tension level in CBS and Viacom merger discussions has spiked dramatically during the past 48 hours as the sides stake out their positions on the valuation of Viacom and management plans for the combined company. The special committee of the Viacom board is said to have rejected outright the acquisition bid submitted by CBS’ […].....»»

Category: topSource: varietyApr 4th, 2018

Viacom Shuts Down Viacom Next VR Studio

Viacom has closed down Viacom Next, its emerging entertainment technology group that was best known for producing virtual reality (VR) experiences like Tyler Hurd’s interactive music video “Chocolate.” The closure comes as Viacom laid off close to 100 employees across multiple divisions as part of a cost-cutting move. Viacom Next’s closure, and the layoff of its […].....»»

Category: topSource: varietyFeb 7th, 2018

CBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer - 9NEWS.com

9NEWS.comCBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer9NEWS.comCBS and Viacom are again talking about a merger — a media marriage that would continue to accelerate the consolidation of content creators. The resulting merger could have repercussions for TV lovers, whether they have cut the cord or are wedded to ...CBS, Viacom form committees to explore mergerNew York PostHere We Go Again: CBS and Viacom Officially Agree to Explore a MergerAdweekCBS and Viacom take steps towards exploring mergerFinancial TimesBusiness Insider -Deadline -Variety -Los Angeles Timesall 37 news articles ».....»»

Category: feudsSource: tmzFeb 1st, 2018

CBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer - USA TODAY

USA TODAYCBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewerUSA TODAYCBS and Viacom are again talking about a merger — a media marriage that would continue to accelerate the consolidation of content creators. The resulting merger could have repercussions for TV lovers, whether they have cut the cord or are wedded to ...CBS, Viacom form committees to explore mergerNew York PostHere We Go Again: CBS and Viacom Officially Agree to Explore a MergerAdweekCBS and Viacom take steps towards exploring mergerFinancial TimesStandard-Examiner -Business Insider -Deadline -Varietyall 37 news articles ».....»»

Category: topSource: googlenewsFeb 1st, 2018