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She had been a member of the company’s board since 1994. The company decided to pursue the breakup after becoming frustrated with its languishing stock price. Viacom’s shares traded as high as ...
Viacom, which acquired Blockbuster in 1994 for $6.7 billion, said it would give shareholders a premium of as much as 19% for trading in Viacom shares for those of the video retailer. The ...
"They've never gone against my wishes." A corporate and estate-planning lawyer in Boston for 15 years, Shari joined NAI and the Viacom board in 1994. She became president of NAI in 2000 (it now is ...
Viacom acquired Blockbuster in 1994 to help finance its bid for Paramount. Including the Blockbuster charge, Viacom reported a net loss of $385.4 million in the fourth quarter, or 22 cents per ...
Blockbuster was an early investor in Discovery Zone. In 1994, Viacom acquired the video-rental chain for $7.6 billion in stock. Earlier this year, Viacom said it would spin off its 81 percent ...
Here is what it means to be Viacom-Blockbuster. You are Hollywood’s biggest customer, buying movies by the millions for video stores, then buying them again for cable channels Showtime ...
of which Mr. Salerno was president in the early 1990s—played a key role in helping Viacom clinch a takeover of Paramount in 1994.
Viacom Inc. on Friday reported a loss for the first quarter of $431.6 million, compared with a profit of $81 million in the quarter a year earlier. Revenues for the company, which included one ...
Billionaire media mogul Sumner Redstone, Shari Redstone's father, bought Viacom in 1987, Paramount in 1994 and merged the companies with CBS in 1999. Six years later, CBS and Viacom (with ...
He engineered the sale of the now-crippled business to Sumner Redstone's Viacom for $8.4 billion in 1994. By Mike Barnes, The Associated Press H. Wayne Huizenga, a college dropout who built ...
Dolgen came on as Viacom Entertainment Group chairman in April 1994 to essentially fill the role that the ousted Stanley Jaffe had played as Paramount Communications president, and he quickly ...
Dolgen was elected Chairman of Viacom Entertainment in 1994, the same year it acquired 50.1% of Paramount Communications. Suddenly, he was Sumner Redstone’s Man in Hollywood at a time when ...
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