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 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

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

Interim Viacom CEO Reassures Employees About Transition

The media giant sent an email to employees asking for patience as the board puts the finishing touches on a deal that will oust chief executive Philippe Dauman and install Tom Dooley as interim CEO. read more.....»»

Category: topSource: hollywoodreporterAug 20th, 2016

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

National Amusements Vows To Oppose A Deal To Sell Parmount Stake

Sumner Redstone’s National Amusements, which owns 80% of Viacom’s voting shares, just threw a wrench into CEO Philippe Dauman’s effort to sell 49% of Paramount to China’s Wanda Group. The exhibition chain this morning says that it .....»»

Category: topSource: deadlineJul 15th, 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

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

Viacom Board Re-Elected, Voting Rights Proposal Defeated by "Substantial" Majority, Even Excluding Redstone Vote

Vice chair Shari Redstone attended Monday’s event in Miami, which was the conglomerate's first since CEO Philippe Dauman added the chairman title.read more.....»»

Category: topSource: hollywoodreporterMar 16th, 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

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 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

Paramount to Expand Slate to 15 Films in 2016 From 13

"After a tough year, we believe Paramount is positioned to grow strongly next year and in the years to come, fueled both by a reinvigorated film business and our new high-growth TV production business," says Viacom CEO Philippe Dauman.read more.....»»

Category: moviesSource: hollywoodreporterAug 7th, 2015

Sun Valley Guest List 2014: Rupert Murdoch, Leslie Moonves, Jeffrey Katzenberg and More

Other execs set to attend the annual gathering, which runs July 8-13, are Time Warner CEO Jeff Bewkes, Viacom CEO Philippe Dauman and Paramount Pictures head Brad Grey.read more.....»»

Category: topSource: hollywoodreporterJun 28th, 2014

Viacom to Name Bob Bakish Interim CEO (Report)

The head of the company's international networks is in line to take over from Tom Dooley, who followed Philippe Dauman, at a time when Viacom and CBS are studying a recombination......»»

Category: moviesSource: yahooOct 30th, 2016

Redstone Family Prevails in Fight for Viacom, Philippe Dauman to Exit

The chief executive has officially been stripped of his duties, ending a months-long legal battle with founder Sumner Redstone for control of the media giant. Longtime exec Tom Dooley takes over on an interim basis. read more.....»»

Category: topSource: hollywoodreporterAug 22nd, 2016

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 CEO is out as the company settles Redstone lawsuits

The messy legal battle over Sumner Redstone's media empire appears to have come to an end. According to an internal memo provided by Viacom on Friday, CEO Philippe Dauman will step down, making Thomas ........»»

Category: topSource: yahooJan 12th, 2017

Viacom"s Management Shake-Up: What"s Next?

Turning around ratings and ad momentum at key networks and boosting Paramount's financials are among the items on the to-do list, along with decisions on whether to sell a stake in the studio and recombine with CBS, as some suggest.read more.....»»

Category: topSource: hollywoodreporterJan 12th, 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

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