| Business Summary | | Viacom
Inc.
is
a
diversified
worldwide
entertainment
company
with
operations,
during
2000,
in
seven
segments.
The
Cable
Networks
segment
operates
MTV;
Showtime;
Nickelodeon;
VH1;
TNN,
and
CMT.
The
Television
segment
consists
of
the
CBS
and
UPN
television
networks,
39
owned
broadcast
television
stations
and
the
Company's
television
production
and
syndication
business.
The
Infinity
segment
operates
184
radio
stations
through
Infinity
Broadcasting,
and
outdoor
advertising
properties.
The
Entertainment
segment
includes
Paramount
Pictures
and
Paramount
Parks.
The
Video
segment
consists
of
an
approximately
82%
equity
interest
in
Blockbuster
Inc.
The
Publishing
segment
publishes
and
distributes
consumer
books
and
related
multimedia
products.
The
Online
segment
provides
online
music
and
children's
destinations
through
Internet
sites. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VIA.B
is
an
entertainment
and
publishing
company
with
operations
in
Cable
Networks,
Television,
Infinity,
Entertainment,
Video,
Publishing
and
Online.
For
the
six
months
ended
6/30/01,
revenues
rose
46%
to
$11.47
billion.
Net
income
before
accounting
change
totalled
$9.4
million
vs.
a
loss
of
$427.6
million.
Results
reflect
increased
television
revenues
due
to
higher
ratings
and
pricing,
and
the
absence
of
$698.5
million
in
merger
related
charges. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Sumner Redstone, 77 Chairman,
CEO | $17.1M | -- | Mel Karmazin, 57 Pres,
COO, Director | 17.1M | -- | Richard Bressler CFO,
Sr. VP | -- | -- | Michael Fricklas, 41 Exec.
VP, Gen. Counsel, Sec. | 1.8M | $1.1M | William Roskin, 58 Sr.
VP of HR and Admin. | 1.7M | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|