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Viacom

Viacom Logo

Type
Media distribution
Industry
Media conglomerate
Founded
1971 2006 (as part of the CBS/Viacom split)
Headquarters
1515 Broadway, New York, NY, US
Area served
Worldwide
Phred relation
Owns TV channel used to broadcast the series

Viacom, short for "Video & Audio Communications", is a United States-based media conglomerate with interests primarily in, but not limited to, cinema and cable television. It was the owner of Noggin, the channel used to broadcast Phred on Your Head Show and The URL with Phred Show. As of 2010, it is the world's fourth-largest media conglomerate.

The current Viacom was created on December 31, 2005 as a spinoff from CBS Corporation, which changed its name from Viacom at the same time. CBS, not Viacom, retains control of the over-the-air broadcasting, TV production, outdoor advertising, subscription pay television (Showtime) and publishing assets (Simon & Schuster) formerly owned by the larger company. However, National Amusements, through Redstone, retains majority control of Viacom. Predecessor firms of CBS Corporation include Gulf + Western, which later became Paramount Communications Inc., and Westinghouse Electric Corporation.

Viacom International

As with the old Viacom, the current company owns Viacom International, which is the formal owner of copyrights associated with Viacom's corporate website and its cable networks. This division now owns the rights to a majority of Elvis Presley films made for Paramount Pictures, such as Blue Hawaii and King Creole.

It also continues to focus on its own in-house productions made for its various networks (MTV, VH1, Nickelodeon, etc.); these programs include Dora the Explorer, Pinky Dinky Doo, Invader Zim, The Hills, SpongeBob SquarePants and Behind The Music.

Corporate governance

The previous board of directors of Viacom were George S. Abrams, David Andelman, Joseph Califano, Jr., William Cohen, Philippe Dauman, Alan Greenberg, Charles Phillips, Shari Redstone, Sumner Redstone, Frederic Salerno, William Schwartz, and Robert D. Walter.

Following the Viacom/CBS split, the Viacom board consisted of George S. Abrams, Philippe Dauman, Thomas E. Dooley, Ellen V. Futter, Robert Kraft, Alan Greenberg, Charles Phillips, Sumner Redstone (Chairman), Shari Redstone (non-executive Vice-Chair), Frederic Salerno, and William Schwartz. As of 2010, the Board consists of George Abrams, Philippe Dauman, Thomas E. Dooley, Alan Greenberg, Robert Kraft, Blythe McGarvie, Charles Phillips, Shari E. Redstone, Sumner M. Redstone, Frederic Salerno, and William Schwartz.

On September 5, 2006, Tom Freston resigned from the company. He was replaced by Philippe P. Dauman.

Assets

Film production and distribution:

  • Viacom International
  • Paramount Pictures
  • MTV Films
  • Nickelodeon Movies

Television networks:

  • Comedy Central
  • Logo
  • BET
  • Spike
  • TV Land
  • Nick at Nite
  • Nickelodeon
  • TeenNick
  • Nick Jr.
  • MTV
  • VH1
  • MTV2
  • Tr3́s
  • CMT
  • Palladia

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