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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

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

CBS, Viacom boards form exploratory committees to evaluate a merger - Los Angeles Times

Los Angeles TimesCBS, Viacom boards form exploratory committees to evaluate a mergerLos Angeles TimesShari Redstone, part of the Sumner Redstone clan, is advocating a merger of Viacom and CBS. (Valerie Macon/ AFP/Getty Images). CBS Corp. and Viacom Inc.'s boards each have formed special committees to evaluate whether a merger of the two companies ...CBS, Viacom form committees to explore mergerNew York PostCBS board meets, set to discuss Viacom merger: sourcesBusiness InsiderSource: Viacom, CBS preparing to announce steps to mull a mergerStandard-ExaminerVariety -Deadline -TheWrap -Bloombergall 20 news articles ».....»»

Category: topSource: googlenewsFeb 1st, 2018

2017"s Highest Paid Actor Mark Wahlberg Made $42 Million More Than Highest Paid Actress Emma Stone…

Hollywood needs to do better. On Tuesday, Forbes released its 2017 list of highest paid actors in the world, and Mark Wahlberg landed the number one spot with $68 million. Related: Mark Wahlberg Surprises Boston Marathon Runners The 46-year-old Boston-native made tons of dough from his roles in Transformers: The Last Knight and the forthcoming Daddy's Home 2. Dwayne [...] Hollywood needs to do better. On Tuesday, Forbes released its 2017 list of highest paid actors in the world, and Mark Wahlberg landed the number one spot with $68 million. Related: Mark Wahlberg Surprises Boston Marathon Runners The 46-year-old Boston-native made tons of dough from his roles in Transformers: The Last Knight and the forthcoming Daddy's Home 2. Dwayne "The Rock" Johnson came in second place by making $65 million, while Vin Diesel finished third with a whopping $54.5 million. As we reported, 2017's highest paid actress Emma Stone made $26 million, which is $42 million less than Wahlberg. In fact, the top 14 actors all made more than the La La Land starlet, including costar Ryan Gosling (#14, $29 million). This is so damn frustrating! Ch-ch-check out the full list (below)! 1. Mark Wahlberg ($68 million) 2. Dwayne "The Rock" Johnson ($65 million) 3. Vin Diesel ($54.5 million) 4. Adam Sandler ($50.5 million) 5. Jackie Chan ($49 million) 6. Robert Downey Jr. ($48 million) 7. Tom Cruise ($43 million) 8. Shah Rukh Khan ($38 million) 9. Salman Khan ($37 million) 10. Akshay Kumar ($35.5 million) 11. Chris Hemsworth ($31.5 million) 12. Tom Hanks ($31 million) 13. Samuel L. Jackson ($30.5 million) 14. Ryan Gosling ($29 million) 15. Ryan Reynolds ($21.5 million) 16. Matt Damon ($21 million) 17. Jeremy Renner ($19 million) 18. Chris Evans ($18 million) 19. Chris Pratt ($17 million) 20. Mark Ruffalo ($13 million) [Image via WENN.].....»»

Category: gossipSource: perezhiltonAug 22nd, 2017

Harvey Weinstein Reaches Divorce Settlement With Georgina Chapman

Harvey Weinstein and Georgina Chapman have reached a deal. According to Page Six, the disgraced movie mogul and his estranged wife have reached a divorce settlement, hashing out both a property and custody agreement. The former couple struck an agreement at the end of 2017, just as their marriage crossed the 10-year mark, and the deal is [...] Harvey Weinstein and Georgina Chapman have reached a deal. According to Page Six, the disgraced movie mogul and his estranged wife have reached a divorce settlement, hashing out both a property and custody agreement. The former couple struck an agreement at the end of 2017, just as their marriage crossed the 10-year mark, and the deal is estimated to be worth between $15 and $20 million. Related: Harvey Weinstein Punched Twice In The Face After Dinner! Per their prenuptial agreement, Weinstein must pay Chapman $300k in spousal support for each year of marriage -- a figure that kicks up to $400k after a decade -- however, their settlement did not exactly mirror the prenup. In addition to getting primary custody of their two kids, ages 7 and 4, Chapman will also get a piece of their marital assets and other payments. Their holdings include a $15 million West Village townhouse and a $12 million beach house in the Hamptons. The indie film producer was once worth an estimated $240 million, but his fortune has taken a toll thanks to the lawyers, private investigations, and publicists he's enlisted in since his sexual abuse scandal broke last year. Neither spouse has filed a divorce petition yet, the sources added, but paperwork will likely be submitted in the next few days now that a settlement has been reached. [Image via FayesVision/WENN.].....»»

Category: gossipSource: perezhiltonJan 10th, 2018

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

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

Harvey Weinstein & Georgina Chapman Reportedly Reach Divorce Settlement

Harvey Weinstein and his estranged wife Georgina Chapman have reportedly reached a divorce settlement. According to TMZ, the former couple have come to terms with both a property settlement agreement and a custody arrangement for their two children. The exes, who signed a prenuptial agreement before getting married, just passed the 10-year mark in their [...] Harvey Weinstein and his estranged wife Georgina Chapman have reportedly reached a divorce settlement. According to TMZ, the former couple have come to terms with both a property settlement agreement and a custody arrangement for their two children. The exes, who signed a prenuptial agreement before getting married, just passed the 10-year mark in their marriage which is said to have been significant, although the settlement did not precisely mirror the prenup. Neither Harvey nor Georgina have filed a divorce petition yet but it will reportedly be coming in the near future now that the settlement agreement has been reached......»»

Category: topSource: justjaredJan 10th, 2018

Viacom Shuts Down Viacom Next VR Studio

Viacom has closed down Viacom Next, its emerging entertainment technology group that was best known for producing virtual reality (VR) experiences like Tyler Hurd’s interactive music video “Chocolate.” The closure comes as Viacom laid off close to 100 employees across multiple divisions as part of a cost-cutting move. Viacom Next’s closure, and the layoff of its […].....»»

Category: topSource: varietyFeb 7th, 2018

CBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer - 9NEWS.com

9NEWS.comCBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer9NEWS.comCBS and Viacom are again talking about a merger — a media marriage that would continue to accelerate the consolidation of content creators. The resulting merger could have repercussions for TV lovers, whether they have cut the cord or are wedded to ...CBS, Viacom form committees to explore mergerNew York PostHere We Go Again: CBS and Viacom Officially Agree to Explore a MergerAdweekCBS and Viacom take steps towards exploring mergerFinancial TimesBusiness Insider -Deadline -Variety -Los Angeles Timesall 37 news articles ».....»»

Category: feudsSource: tmzFeb 1st, 2018

CBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewer - USA TODAY

USA TODAYCBS, Viacom together again? Why it matters if you are a cord cutter or pay-TV viewerUSA TODAYCBS and Viacom are again talking about a merger — a media marriage that would continue to accelerate the consolidation of content creators. The resulting merger could have repercussions for TV lovers, whether they have cut the cord or are wedded to ...CBS, Viacom form committees to explore mergerNew York PostHere We Go Again: CBS and Viacom Officially Agree to Explore a MergerAdweekCBS and Viacom take steps towards exploring mergerFinancial TimesStandard-Examiner -Business Insider -Deadline -Varietyall 37 news articles ».....»»

Category: topSource: googlenewsFeb 1st, 2018

‘Coco’ Continues Dominant Box Office Run With $26 Million Weekend

The critically acclaimed animated flick Coco beat Justice League for the top spot at the box office as it made $26.1 million. Justice League ($16.6 million) and Wonder ($12.5 million) rounded out the top films. The top ten: 1. Coco - $26.1 million 2. Justice League - $16.6 [...] The critically acclaimed animated flick Coco beat Justice League for the top spot at the box office as it made $26.1 million. Justice League ($16.6 million) and Wonder ($12.5 million) rounded out the top films. The top ten: 1. Coco - $26.1 million 2. Justice League - $16.6 million 3. Wonder - Family drama headlined by Julia Roberts and Owen Wilson continues to do well with $12.5 million. To date, the feature has collected over $88 million domestically. 4. Thor: Ragnarok - Flick makes $9.7 million this weekend and it’s grossed over $816 million worldwide. 5. Daddy’s Home 2 - $7.5 million 6. Murder on the Orient Express - Hercule Poirot feature takes in $6.7 million and with just a $55 million budget, it’s collected over $210 million worldwide. 7. Lady Bird - One of this year’s most beloved films makes $4.5 million 8. Three Billboards Outside Ebbing, Missouri - $4.5 million 9.  The Star - $4 million 10. A Bad Moms Christmas - The Bad Moms sequel is closing in on $97 million worldwide. This weekend it earns $3.4 million domestically. Find Us On Facebook: Hollywood Outbreak Follow Us On Twitter: @Hollyoutbreak Posted by: Greg Srisavasdi.....»»

Category: topSource: hollywoodoutbreakDec 3rd, 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

Farrah Abraham & Viacom Have "Amicably Settled" $5 Million Sex-Shaming Lawsuit

It's handled. Farrah Abraham and Viacom have "amicably settled" the former Teen Mom star's $5 million sex-shaming lawsuit, according to court docs filed on Tuesday in Texas. Related: The CRAZIEST Teen Mom Quotes! No terms of the settlement were released — but you may remember this all came about after the momma of one felt "harassed, humiliated, discriminated [...] It's handled. Farrah Abraham and Viacom have "amicably settled" the former Teen Mom star's $5 million sex-shaming lawsuit, according to court docs filed on Tuesday in Texas. Related: The CRAZIEST Teen Mom Quotes! No terms of the settlement were released -- but you may remember this all came about after the momma of one felt "harassed, humiliated, discriminated against, disrespected, ridiculed, degraded and sex shamed" by an MTV producer for her "recent decision to pursue opportunities in the adult entertainment industry." We'll keep you posted if we hear anything else! [Image via Sheri Determan/WENN.].....»»

Category: gossipSource: perezhiltonMar 28th, 2018

Amber Heard Donates Johnny Depp Divorce Settlement Money to Children"s Hospital

Amber Heard kept her promise about donating her Johnny Depp divorce settlement money to charity! Back in 2016, the 31-year-old actress said that she would split the $7 million divorce settlement between two charities – American Civil Liberties Union and the Children’s Hospital Los Angeles. It looks like Amber kept her word because she was [...] Amber Heard kept her promise about donating her Johnny Depp divorce settlement money to charity! Back in 2016, the 31-year-old actress said that she would split the $7 million divorce settlement between two charities – American Civil Liberties Union and the Children’s Hospital Los Angeles. It looks like Amber kept her word because she was recently thanked by the Children’s Hospital for her generous donation. On the CHLA’s annual report from 2017, it lists “Ms. Amber Heard” on the list of “Honor Roll of Donors” for a contribution between $1 million and $5 million. “We are honored to acknowledge our extraordinary donors for their generosity during fiscal year 2017. On behalf of all the children and families whose lives you have impacted, and everyone at Children’s Hospital Los Angeles, we offer our sincere thanks,” the hospital wrote on the report. We’re happy to hear Amber‘s incredible donation will help so many people!.....»»

Category: topSource: justjaredApr 9th, 2018