Thursday, December 14, 2017

Viacom Makes Key Appointments; To Report Quarterly Financial Results On February 8, 2018

NEW YORK - Viacom Inc. (NASDAQ: VIAB, VIA) announced today that on Thursday, February 8, 2018, it will issue financial results for the quarter ending December 31, 2017. 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 home page of Viacom’s website, beginning at 8:30 a.m. (ET) on February 8. The conference call can also be accessed by dialing 888-715-0404 (domestic) or 918-398-8248 (international). Please call five minutes in advance to ensure that you are connected prior to the call.

An audio replay of the call will be available beginning at 12:00 p.m. (ET) on February 8 in the Events/Webcasts section of Viacom’s website, and at 800-585-8367 or 404-537-3406.

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

In additional Viacom news, the company recently announced that it has appointed Jose Tolosa as Chief Transformation Officer, effective immediately. Tolosa will report to Viacom President and CEO Bob Bakish.


Jose Tolosa (Photo: Business Wire)

In this newly created role, Tolosa will oversee a team responsible for guiding Viacom’s transformation agenda, and developing and executing initiatives that support and accelerate the strategic priorities set out as part of the company’s fourth quarter and full year 2017 earnings results.

Previously, Tolosa served as Chief Operating Officer of Viacom International Media Networks (VIMN), where he worked closely with senior leadership to accelerate the company’s international growth strategy, including extending its pay TV footprint in key growth markets and increasing opportunities for consumers to access content across devices.

Commenting on the appointment, Bakish said, “Jose brings to this new role a strategic and global perspective and unmatched insights into Viacom’s business. At VIMN, he played an instrumental role in evolving our international media business, including the launch of our highly successful Play Plex mobile apps and their ongoing expansion to the U.S. As Chief Transformation Officer, Jose will build on this strong track record by ensuring we are aligning our operations to meet our goals and best position Viacom for the future.”

Tolosa joined Viacom in 2008 and has held a number of positions at VIMN, including Executive Vice President, Strategy, Business Development and Operations. He graduated from Harvard Business School and earned a Bachelor’s in Finance and Accounting from Georgetown University.

VIMN has also announced the appointment of Melody Tan as its new Chief Operating Officer, succeeding Tolosa. Previously, Tan served as Executive Vice President, Programming, Strategy & Operations for MTV, VH1 and Logo in the U.S.


Melody Tan (Photo: Business Wire)

Tan joined Viacom in November 2003 as a Director, Content Distribution and Marketing, Strategy and Business Operations. Prior to that, she worked as a consultant at Oliver Wyman and Corporate Decisions, Inc. She graduated from Harvard Business School and earned a Bachelor’s degree in East Asian Studies from Harvard University.

Tan takes up her new role with immediate effect, based in New York and reporting to VIMN’s president and CEO, David Lynn. She replaces Jose Tolosa, who has been appointed as chief transformation officer for VIMN’s parent company, Viacom Inc.

Working closely with Lynn and the leadership of VIMN’s four pan-regional management centres, Tan will have operational responsibility for the company’s growth strategy, with a focus on increasing VIMN’s scale in high-value and high-growth markets and evolving its content and distribution strategies to take advantage of new over-the-top revenue opportunities.

She will have management oversight of VIMN’s centralised strategic services, including Finance, Business and Legal Affairs, Strategy and Operations, Business Intelligence, Multi-Platform Products and HR.

Lynn commented: “Melody is super-smart with an in-depth understanding of digital disruption and a strong track record in senior strategic and operational roles with Viacom. She will add proven leadership skills to our New York headquarters, as we aim to continue growing revenues ahead of the market and adapting our business model to the growing popularity of on-demand and on-the-go consumption.”

He added: “Jose has played a leading role in growing the size and profitability of our international business. I’m very sorry to see him leave VIMN, but excited for his new opportunity with Viacom and delighted to have an executive of Melody’s quality to replace him in this important role.”

About Viacom

Viacom is home to premier global media brands that create compelling entertainment content – including television programs, motion pictures, short-form content, apps, games, consumer products, podcasts, live events and social media experiences – for audiences in more than 180 countries. Viacom's media networks, including Nickelodeon, Nick Jr., MTV, BET, Comedy Central, Spike (to be rebranded as Paramount Network in the U.S.), VH1, TV Land, CMT, Logo, Channel 5 (UK), Telefe (Argentina), Colors (India) and Paramount Channel, reach approximately 4.3 billion cumulative television subscribers worldwide. Paramount Pictures is a major global producer and distributor of filmed entertainment. Paramount Television develops, finances and produces original programming for television and digital platforms.

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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Additional source: Screen Africa.
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