Viacom Inc (NASDAQ:VIAB)

Viacom, Inc. is a global entertainment content company, which connects with audiences through compelling content across television, motion picture, online and mobile platforms in various countries. It operates through two segments: Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers in targeted demographics attractive to advertisers, content distributors and retailers. It creates, acquires and distributes programming and other content to its audiences across multiple platforms, which allows them to engage with its content how and where they want to view and interact with it on television, online and on mobile devices and through a variety of consumer products. The Media Networks segment operates through four channel groups: Music & Logo, Nickelodeon, Entertainment and BET Networks. Viacom Media Networks and its international operations reach households in various countries and territories worldwide via its channels and multiplatform properties, which include MTV, VH1, CMT, Logo, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, Neopets, COMEDY CENTRAL, TV Land, Spike TV, Tr3s, BET and CENTRIC, among others. It also has a casual games business that includes websites, such as AddictingGames.com and Shockwave.com. The Filmed Entertainment segment produces, finances and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands. It also acquires films for distribution and has distribution relationships with third parties. The company was founded by Sumner M. Redstone on December 31, 2005 and is headquartered in New York, NY.