Viacom Inc.’s leadership was thrown into question Wednesday as the company announced that interim Chief Executive Thomas Dooley would step down and that its financial performance was worse than ...
While Tom Dooley’s tenure at Viacom lasted 30 years, the Tom Dooley Era there lasted about 30 days. Dooley was tapped as interim president and chief executive officer on Aug. 20, replacing the ...
Viacom’s new interim CEO and president Tom Dooley is set to exit the company — yes, already. Additionally, the company announced on Wednesday that it has dropped its dividend payout and formally ...
The company also cuts its dividend, confirms it won't pursue a sale of a minority stake in Paramount Pictures and says it will take a $115 million charge in its film unit. By Paul Bond, Georg Szalai ...
"While some investors may view Dooley as an extension of Dauman, we think he will be more aggressive around putting the business on a better track and have a favorable view," says one analyst. By ...
The boardroom war for control of Viacom Inc. ended in victory for Sumner Redstone and his family with the resignation of Chief Executive Philippe Dauman and the installation of new members to the ...
Viacom directors also acknowledged that the company needs more cash: They announced a plan to cut its dividend payout in half to 20 cents a share and increase borrowing. “These actions are designed to ...
Personally, I like a good story. I’ve told many in my days and read many more. But, I’d never be able to sing a story song. A great number have found their way onto the charts or at least into America ...
It’s remarkable to live so far from this country’s theatrical centers and yet have so many companies, including community theatres, that produce new plays. The Parkway Playhouse (in this case, in ...