U.S. broadcast regulators have fined Viacom Inc and ESPN $1.4 million "for misusing the emergency alert system" warning tones in a movie promotion in 2013, the Federal Communications Commission said on Tuesday.
Viacom Inc.
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Following its USD4.6 billion purchase of Lucasfilm in 2012, Walt Disney Co. has secured marketing and distribution rights over future Indiana Jones installments under an agreement with Paramount Pictures.
A memo obtained by Reuters revealed Paramount would be laying off 5% of its workers.
A source said Sony Corp reached a preliminary agreement with Viacom Inc. for television streaming services.
Viacom doubled up its stock buyback program to US$20 billion which resulted in a surge in the company's shares.
Walt Disney Co buys the right for four Viacom owned Marvel movies
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