Friday, December 16, 2016

Viacom Inc. to Report Quarterly Financial Results on February 9, 2017

Viacom Inc. (NASDAQ: VIAB, VIA), the parent company of the Nickelodeon brand, has announced in a press release that on Thursday, February 9, 2017, it will issue financial results for the quarter ending December 31, 2016. The Company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement.


A live audio webcast of the call will be on the Investor Relations homepage of Viacom’s website, beginning at 8:30 a.m. (ET) on February 9. The conference call can also be accessed by dialing 888-812-8534 (domestic) or 913-981-5530 (international). Please call five minutes in advance to ensure that you are connected prior to the call.

The audio webcast replay will be available beginning at 12:00 p.m. (ET) on February 9 in the Events/Webcasts section of Viacom’s website. A replay of the call will also be available beginning at 12 p.m. (ET) on February 9 at 888-203-1112 (domestic) or 719-457-0820 (international) using passcode: 6180606.

The earnings release and any other information related to the call will be accessible from the home page of Viacom’s website.


Additionally, Viacom has announced that Sumner Redstone, the Executive Chairman of Viacom, will step down from the Viacom board of directors in February after the company holds its annual meeting. Redstone, the controlling shareholder of Viacom and CBS, will continue to participate in board meetings in a non-voting role, Viacom said in a Securities and Exchange Commission filing. Redstone will remain chairman emeritus, the role he segued to last February after shareholders raised concerns about his status as chairman amid reports of his failing health. The news follows Viacom's Board of Directors discontinuing the exploration of a potential combination with CBS following receipt of National Amusements’ letter and request.

Viacom is home to premier global media brands that create compelling television programs, motion pictures, short-form content, apps, games, consumer products, social media experiences, and other entertainment content for audiences in more than 180 countries. Viacom's media networks, including Nickelodeon, Comedy Central, MTV, VH1, Spike, BET, CMT, TV Land, Nick at Nite, Nick Jr., Channel 5 (UK), Logo, Nicktoons, TeenNick and Paramount Channel, reach over 3.8 billion cumulative television subscribers worldwide. Paramount Pictures is a major global producer and distributor of filmed entertainment.

For more information about Viacom and its businesses, visit www.viacom.com. Keep up with Viacom news by following Viacom's blog at blog.viacom.com and Twitter feed at www.twitter.com/viacom.
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