Viacom Discloses Details of Philippe Dauman’s $72 Million Settlement Deal

Philippe Dauman will leave his post as Viacom chairman-CEO next month with a $46 million check in hand as part of a severance package estimated to be worth about $72 million. Dauman will also be eligible for a 2016 bonus of up to $20 million, under the te.....»»

Category: topSource: varietyJan 12th, 2017

Viacom Officially Resolves Leadership Dispute: Dauman Out, Thomas Dooley Interim President & CEO

Following unanimous approval by the Boards of Directors of Viacom and National Amusements Inc. of a settlement in the ongoing dispute over Viacom leadership, Philippe Dauman has stepped down as president and CEO of Viacom. Thomas Dooley, Viacom Chief Oper.....»»

Category: topSource: deadlineAug 21st, 2016

Former Viacom Chief Tom Freston Goes Public with Criticism of Philippe Dauman

Former Viacom chief Tom Freston is adding to the chorus of critics calling for Philippe Dauman to be replaced as chairman-CEO of Viacom. Preston gave a lengthy interview Wednesday to CNBC in which he didn’t hold back on his assessment of the state o.....»»

Category: topSource: varietyJun 16th, 2016

Viacom Chief Philippe Dauman Predicts Paramount Deal by End of Next Quarter

Calling Paramount Pictures a “crown jewel,” Viacom Chairman and CEO Philippe Dauman said Monday that he hoped to have an agreement to sell a minority stake in the studio behind “Star Trek” and “Transformers” by the end .....»»

Category: topSource: varietyMar 7th, 2016

Philippe Dauman Will Skip Sun Valley Meet As Moguls Question Viacom’s Fate

Viacom CEO Philippe Dauman won’t have an embarrassing encounter with Vice Chair Shari Redstone this week at investment banker Herb Allen’s annual Sun Valley mogul gathering. Redstone’s already there, and the Viacom chief was invited. But.....»»

Category: topSource: deadlineJul 7th, 2016

Viacom, Sumner Redstone Close to Deal Ousting CEO Philippe Dauman

The media giant's board has given preliminary approval on a deal that would give Dauman an up to $90 million exit package, according to a person familiar with the discussions. The settlement would put an end to a hard-fought legal battle that began in Jun.....»»

Category: topSource: hollywoodreporterJan 12th, 2017

‘Transformers: The Last Knight’ Is Box Office Champ With Disappointing $45 Million Weekend

Transformers: The Last Knight was the #1 film over the weekend but unfortunately the film made just $45.3 million. Its five day domestic haul was a franchise low $69.1 million, but thankfully its international take is at $196 million. Coming in second was Cars 3 with $25.1 million. Here's this weekend's top 10: 1.Transformers: [...] Transformers: The Last Knight was the #1 film over the weekend but unfortunately the film made just $45.3 million. Its five day domestic haul was a franchise low $69.1 million, but thankfully its international take is at $196 million. Coming in second was Cars 3 with $25.1 million. Here’s this weekend’s top 10: 1.Transformers: The Last Knight - Could a lackluster domestic opening signal the death knell of the franchise? $45.3 million 2. Cars 3 - $25.1 million 3. Wonder Woman - The flick has grossed over $650 million worldwide. This weekend it makes $25.1 million 4. 47 Meters Down - Mandy Moore shark film makes $7.4 million 5. All Eyez On Me - $5.85 million 6. The Mummy - Tom Cruise misfire makes $5.8 million and domestically it has yet to reach the $100 million mark (it’s at $68 million). 7. Pirates of the Caribbean: Dead Men Tell No Tales - $5.2 million 8. Rough Night - Scarlett Johansson comedy collects $4.7 million. Domestically, the movie has made just$16.6 million. 9. Captain Underpants: The First Epic Movie - $4.3 million 10. Guardians of the Galaxy Vol. 2 - $3 million Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakJul 17th, 2017

Box Office Champ ‘Spider-Man: Homecoming’ Explodes With $117 Million Weekend

Spider-Man: Homecoming was the resounding winner at this weekend's box office thanks to its $117 million debut. Budgeted at $175 million, the latest Spidey effort amassed the second biggest opening in the franchise (the record goes to Spider-Man 3's $151 million weekend). Coming in second was Despicable Me 3 with $33.9 million. Here's this weekend's [...] Spider-Man: Homecoming was the resounding winner at this weekend’s box office thanks to its $117 million debut. Budgeted at $175 million, the latest Spidey effort amassed the second biggest opening in the franchise (the record goes to Spider-Man 3′s $151 million weekend). Coming in second was Despicable Me 3 with $33.9 million. Here’s this weekend’s top 10: 1. Spider-Man: Homecoming - It may not reach the heights of the Sam Raimi directed trilogy, but at least it has much more promise than the previous two Spidey flicks! $117 million. 2. Despicable Me 3 -  $33.9 million this weekend and with over $447 million worldwide to date, it is one of this year’s most profitable films. 3. Baby Driver - Great word of mouth and critical acclaim is driving this movie. It makes $12.75 million in its second weekend. 4. Wonder Woman - The hit Gal Gadot flick has amassed over $745 million worldwide. This weekend, it takes in $10.1 million domestically. 5. Transformers: The Last Knight - Although it’s made $118 million domestically, it collects just $6.3 million this weekend. 6. Cars 3 - $5.6 million 7. The House - Will Ferrell and Amy Poehler comedy has been a box office disappointment with just $4.8 million in its second weekend. 8. The Big Sick - True life romantic drama takes in $3.6 million, which is a great figure for an indie picture. 9. 47 Meters Down - Mandy Moore shark movie collects $2.77 million 10. The Beguiled - Director Sofia Coppola’s latest film takes in $2 million. Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakJul 17th, 2017

Viacom CEO Dauman Pursuing Paramount Stake Sale

"We have been approached by several potential strategic investors," CEO Philippe Dauman said during an investment conference Tuesday. Viacom shares surge as much as 5 percent.read more.....»»

Category: topSource: hollywoodreporterJan 17th, 2017

Embattled Viacom CEO Philippe Dauman Takes His Case to the Company"s Employees

Urging the company not to be distracted by his current battle with Sumner Redstone, Viacom's top executive makes his argument for how Viacom's various businesses are moving "rapidly and successfully into the future."read more.....»»

Category: moviesSource: hollywoodreporterMay 25th, 2016

Sumner Redstone Says He Opposes Sale Of Paramount Stake And Calls Claims He’s Incapacitated “False And Unfair”

UPDATE with Viacom statement: The new war between Viacom and CBS Chairman Emeritus Sumner Redstone — or, depending on whom you believe, the people around him — and Viacom CEO Philippe Dauman just became more intense. Redstone’s camp rel.....»»

Category: topSource: deadlineMay 23rd, 2016

‘Dunkirk’ Bests Box Office Comers With $50.5 Million Debut

The good news is the critically revered Dunkirk was the #1 box office flick of the weekend, debuting with a solid $50.5 million. Fellow newcomer Girls Trip also did well with a second place finish ($30.3 million), but unfortunately Valerian and the City of a Thousand Planets (which I absolutely loved) managed just $17 million [...] The good news is the critically revered Dunkirk was the #1 box office flick of the weekend, debuting with a solid $50.5 million. Fellow newcomer Girls Trip also did well with a second place finish ($30.3 million), but unfortunately Valerian and the City of a Thousand Planets (which I absolutely loved) managed just $17 million for the #5 spot. Here’s this weekend’s top 10: 1. Dunkirk - Director Christopher Nolan has another hit on his hands with this WWII epic. It debuts at $50.5 million 2. Girls Trip - Comedy, featuring Queen Latifah and a scene stealing Tiffany Haddish, takes in $30.3 million 3. Spider-Man: Homecoming - $22 million 4. War for the Planet of the Apes - Though it’s critically acclaimed, the feature has performed slightly below expectations with a worldwide take of $149 million. It made $20.4 million over the weekend. 5. Valerian and the City of a Thousand Planets - $17 million 6. Despicable Me 3 - $12.7 million 7. Baby Driver - $6 million 8. The Big Sick - $5 million 9. Wonder Woman - Flick has made over $780 million worldwide. This weekend, it takes in $4.6 million 10. Wish Upon - $2.47 million Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakJul 23rd, 2017

‘Cars 3′ Drives To First With $53 Million Box Office Debut

Cars 3 had an excellent box office debut with a $53.5 million opening besting Wonder Woman which still had an amazing #2 outing with $40.8 million. The Tupac Shakur drama All Eyez On Me also had a solid weekend with a #3 finish ($27.1 million). Here's this weekend's top 10: [...] Cars 3 had an excellent box office debut with a $53.5 million opening besting Wonder Woman which still had an amazing #2 outing with $40.8 million. The Tupac Shakur drama All Eyez On Me also had a solid weekend with a #3 finish ($27.1 million). Here’s this weekend’s top 10: 1. Cars 3 - $53.5 million 2. Wonder Woman - Another great weekend with $40,8 million and to date it’s amassed over $275 million domestically. 3. All Eyez On Me - Featuring Demetrius Shipp Jr. as Tupac, the flick made $27.1 million in its opening weekend. 4. The Mummy - With just $13.9 million, this flick is one of Tom Cruise’s biggest box office disappointments. 5. 47 Meters Down - $11.5 million 6. Pirates of the Caribbean: Dead Men Tell No Tales - To date the flick has made $150.1 million domestically. This weekend it takes in $8.5 million 7. Rough Night - $8.1 million 8. Captain Underpants: The First Epic Movie - $7.4 million 9. Guardians of the Galaxy Vol. 2 - $5 million 10. It Comes At Night - First rate thriller takes in $2.6 million Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakJul 17th, 2017

It"s War: Sumner Redstone Ousts Philippe Dauman From Trust That Will Control Viacom and CBS

Dauman and director George Abrams are being removed as trustees of the board that will have voting control over both companies. read more.....»»

Category: topSource: hollywoodreporterJan 15th, 2017

Viacom to Name Bob Bakish Interim CEO (Report)

The head of the company's international networks is in line to take over from Tom Dooley, who followed Philippe Dauman, at a time when Viacom and CBS are studying a recombination......»»

Category: moviesSource: yahooOct 30th, 2016

Viacom CEO is out as the company settles Redstone lawsuits

The messy legal battle over Sumner Redstone's media empire appears to have come to an end. According to an internal memo provided by Viacom on Friday, CEO Philippe Dauman will step down, making Thomas ........»»

Category: topSource: yahooJan 12th, 2017

Philippe Dauman Entitled to $58M Viacom Severance Payment, Board Summons Paramount Management

The company in a regulatory filing says Paramount management will provide the Viacom board with a business update and may face more board oversight.read more.....»»

Category: topSource: hollywoodreporterJan 12th, 2017

Viacom weighs selling minority stake in Paramount film unit

(Reuters) - Viacom Inc is considering selling a "significant" minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday.....»»

Category: topSource: reutersJan 17th, 2017

Viacom Shakeup: 5 Problems Wall Street Wants the Board to Address

Wall Street’s dismay at Viacom’s long-term prospects was one of the biggest catalysts for the management overhaul that begins in earnest this week with the exit of Philippe Dauman as chairman-CEO. As the newly constituted Viacom board meets this week .....»»

Category: topSource: varietySep 12th, 2016

‘War for the Planet of the Apes’ Takes Box Office Throne With $56 Million Debut

War for the Planet of the Apes was the resounding winner at the box office as it made $56.5 million in its debut weekend. Spider-Man: Homecoming was second with. Here's the top 10: 1. War for the Planet of the Apes - $56.5 million 2. Spider-Man: Homecoming - $45.2 million 3. Despicable Me 3 - [...] War for the Planet of the Apes was the resounding winner at the box office as it made $56.5 million in its debut weekend. Spider-Man: Homecoming was second with. Here’s the top 10: 1. War for the Planet of the Apes - $56.5 million 2. Spider-Man: Homecoming - $45.2 million 3. Despicable Me 3 - $18.9 million 4. Baby Driver - It’s director Edgar Wright’s biggest hit, and this weekend it took in $8.75 million 5. The Big Sick - Romantic drama starring Kumail Nanjiani and Zoe Kazan is doing solid business with a $7.6 million showing. 6. Wonder Woman - $6.88 million 7. Wish Upon - Thriller has a weak debut with just $5.5 million 8. Cars 3 - $3.16 million 9. Transformers: The Last Knight - $2.7 million 10. The House - Will Ferrell and Amy Poehler comedy has made just $23 million domestically. This weekend, it takes in $1.7 million. Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakJul 17th, 2017

Judge Hears Philippe Dauman"s Arguments in Sumner Redstone Competency Hearing

A ruling on whether to proceed quickly in Dauman's attempt to be restored as a Redstone Trustee will come later this month, according to the judge.read more.....»»

Category: topSource: hollywoodreporterJun 7th, 2016