|Bid||33.17 x 1300|
|Ask||33.18 x 1000|
|Day's Range||33.02 - 33.66|
|52 Week Range||22.13 - 35.55|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||6.69|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||0.80 (2.41%)|
|1y Target Est||35.08|
In 1992, MTV gave birth to the reality-television genre when it aired the first episode of “The Real World,” a groundbreaking show about seven strangers who agreed to live together in a house and have every minute of their lives filmed. This week, MTV announced it is rebooting the franchise—but not for MTV. Instead, the show will appear on Facebook Watch, the social network’s video-on-demand service.
Looking at Viacom Inc’s (NASDAQ:VIAB) earnings update in June 2018, analyst forecasts appear to be bearish, with earnings expected to decline by -12% in the upcoming year. However, this pessimism Read More...
Treasury Secretary Steven Mnuchin announces he will not attend next week's investment conference in Saudi Arabia, the latest high-profile dropout amid a global outcry over the disappearance of dissident journalist Jamal Khashoggi.
Facebook's Watch service, launched in August 2017, is personalized around what friends are watching and was a latecomer to the streaming video market. Facebook wants to get more of the video ad market, projected to hit $19.81 billion in the U.S. by 2020 according to consultancy eMarketer. Meanwhile, MTV-owner Viacom is focused on a turnaround plan, overseen by chief executive Bob Bakish who has been in the role since 2016.
Reality show "The Real World" is heading to Facebook FB Watch, the social network's video streaming service. The MTV series, one of the first reality shows, ran for 32 seasons from 1992 to 2017 and it will return as three interactive series on Facebook in the U.S., Mexico and Thailand early next year, according to a Reuters report on Wednesday. It will include interactive elements where viewers make suggestions for the show.
MTV Studios, a unit of Viacom’s (NASDAQ: VIAB, VIA) MTV, announced today a partnership with Facebook Watch to reimagine the groundbreaking series MTV’s The Real World for three all new seasons debuting Spring 2019. Drawing on Facebook’s global platform, the new seasons will be native productions in Mexico, Thailand and the United States, respectively, to explore friendship, and the cultural and social environment in each.
The Daily Show with Trevor Noah Presents: The Donald J. Trump Presidential Twitter Library is coming to Miami. The hugely successful, critically-acclaimed Presidential Twitter Library will open in Miami just ahead of The Daily Show’s week of shows at The Fillmore Miami Beach at the Jackie Gleason Theater.
CBS Corp. sought to turn the page on a tumultuous stretch when it said last month that Leslie Moonves was stepping down as chairman and chief executive amid sexual-harassment accusations and that the media company was settling litigation with its controlling shareholder. Instead, the boardroom drama continued. On Sept. 25, the company announced that its lead independent director, Bruce Gordon, was stepping down, surprising many people close to the company.
At a White House event with U.S. pastor Andrew Brunson, who arrived in Washington after being freed in Turkey, Trump said China and Russia would be ready to swoop in and get the business if the U.S. backed away. Later, leaving for a rally in Kentucky, Trump told reporters that scrapping the sales would hurt the U.S. and its workers more than it would hurt Saudi Arabia.
A month ago, CBS Corporation (CBS) decided to reconfigure its board of directors after its CEO and board chair, Leslie Moonves, stepped down. The changes added several experts in mergers and acquisitions to the board, sparking talks about whether CBS was building a foundation for a deal. In the months leading up the ouster of Moonves over sexual misconduct allegations, the Redstone family tried to merge CBS with its sister company Viacom (VIA).
Nickelodeon has entered into an exclusive first-look deal with comedian, actor and television personality Kevin Hart (Night School, Jumanji, The Secret Life of Pets) and his production entity, HartBeat Productions. Hugely popular among Nickelodeon’s audience, Hart will develop and produce live-action, scripted kids’ content for the network through HartBeat. Kevin Hart noted, “For me, Nick has always represented everything fun about being a kid, and it’s still at the forefront today of kids’ and family entertainment.
The biggest night in hip hop kicks off on Tuesday, October 16th at 8PM ET/PT when comedian Deray Davis hosts the BET HIP HOP AWARDS 2018. Tune in for front row seats as global rap superstar Lil Wayne receives the night’s highest honor, the I AM HIP HOP award and Cardi B., T.I., Lil Baby, Lil Duval and more take the stage for can’t miss performances.
Viacom Inc. announced today that on Friday, November 16, 2018, it will issue financial results for the quarter and fiscal year ending September 30, 2018. The company will conduct a conference call at 8:30 a.m.
Moonves, who stepped down last month following allegations of sexual harassment, had opposed efforts by controlling shareholder Shari Redstone and her father Sumner Redstone to merge CBS with Viacom Inc (NasdaqGS:VIAB - News), another company they own. "CBS board will also soon begin to test the market for a potential buyer after conclusion of Moonves probe," Charles Gasparino, a Fox Business Network journalist, tweeted.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Jim Cramer points out the power players in the communication services space, a new market category that includes everything from telecom to TV.
CNBC's Jim Cramer points out the power players in the communication services space, a new market category that includes everything from telecom to TV. In football as in the stock market, CNBC's Jim Cramer often finds it helpful to look at the "power rankings" — the dynamic, to-the-minute listings of the best performers. "Like football, the standings at the moment might be obscuring some real staying power that you'll only notice after doing a deeper dive," he said on Monday.
JAKKS Pacific, Inc. , a leader in children’s entertainment, today announced Paramount Players, a division of Viacom’s Paramount Pictures Corporation, has officially acquired the feature film rights to CREEPY CRAWLERS™, the iconic toy brand owned by JAKKS Pacific.