Nickelodeon's Groundbreaking Hit Comedy "iCarly" Concludes Its Five-season Run With A Special Hour-long Series Finale Event On Nickelodeon USA, Friday 23rd November 2012 At 8 P.M. (ET/PT)

Nickelodeon has announced the Nickelodeon/"iCarly" News in the following Nickelodeon Press Release that Nickelodeon USA will premiere and show the one-hour series finale of the hit Nickelodeon comedy show "iCarly", called "iGoodbye", on Friday 23rd November 2012 at 8.00pm (ET/PT).

Nickelodeon has also announced in their 'iCarly Finale' Press Release (below) that, following the premiere of the last episode of "iCarly", "iGoodbye", on Nickelodeon USA, North American fans of the series, Nickelodeon US viewers and Nick.com visitors will have the opportunity to win iconic items and props from the set of "iCarly", including Spencer's "bottle bot" sculpture, Carly's gummi light chandelier and the ice cream bench featured in her room by logging into www.Nick.com/iCarly, and that Nickelodeon will release "iCarly: The Complete Series" on Apple's iTunes store in November 2012! Nickelodeon's 'Series Finale Of iCarly' Press Release also features information, including the plots, of Nickelodeon's two brand new live-action comedy pilots from "iCarly" & "Victorious" creator and executive producer, Dan Schneider - "Sam & Cat" (working title), starring Nickelodeon Stars Jennette McCurdy (Sam Puckett, iCarly) and Ariana Grande (Cat Valentine, Victorious), and "Gibby" (working title), starring Nickelodeon Star Noah Munck (Orenthal "Gibby" Cornelius Gibson, iCarly). From PRNewswire:

Please Note - The following Nickelodeon Press Release contains spoilers about the final episode of Nickelodeon's popular sitcom "iCarly", titled "iGoodbye", including the episodes main storyline/plot, that some NickALive! readers may prefer to avoid. Please continue to scroll down the page if you would like to read Nickelodeon USA's 'iCarly Finale' Press Release.

Nickelodeon's Groundbreaking Hit Comedy iCarly Concludes Its Five-season Run With A Special Hour-long Series Finale Event, Friday, Nov. 23, At 8 P.M. (ET/PT)

Carly Shay's Air Force Colonel Father Appears for First Time in Emotional Culmination of Beloved Series

SANTA MONICA, Calif., Nov. 14, 2012 /Nickelodeon Press Release via PRNewswire/ -- Nickelodeon's groundbreaking and beloved hit comedy, iCarly, which has entertained millions of kids and made random dancing and spaghetti tacos pop culture phenomenons, will end its five-season run with an unforgettable hour-long series finale event on Nickelodeon Friday, Nov. 23, at 8 p.m. (ET/PT).

(Download image - Photo of the cast of the popular Nickelodeon comedy television show "iCarly": http://photos.prnewswire.com/prnh/20121114/NY13645; The cast of "iCarly", from left to right: Samantha "Sam" Puckett (Jennette McCurdy), Orenthal "Gibby" Cornelius Gibson (Noah Munck), Carlotta "Carly" Shay (Miranda Cosgrove), Spencer Shay (Jerry Trainor) and Fredward "Freddie" Benson (Nathan Kress))
In "iGoodbye," Spencer (Jerry Trainor) offers to take Carly (Miranda Cosgrove) to the Air Force father-daughter dance when their dad, Colonel Shay, isn't able to accompany her because of his overseas deployment. When Spencer gets sick and can't take her, Freddie (Nathan Kress) and Gibby (Noah Munck) try to cheer Carly up by offering to go with her. Colonel Shay surprises everyone when he arrives just in time to take Carly to the dance. When they return from their wonderful evening together, Carly is disappointed to learn her dad must return to Italy that evening and she is faced with a very difficult decision.

"iCarly has been a truly definitional show that was the first to connect the web and TV into the fabric of its story-telling, and we are so very proud of it and everyone who worked on it," said Cyma Zarghami, President, Nickelodeon Group. "Like all truly great TV series like Seinfeld or Everybody Loves Raymond, iCarly is a very special show with a cast that is beloved by a generation of fans. Everyone in this cast will always be considered part of our Nickelodeon family and we thank them for giving kids so many great and happy memories over the years."

"I'm insanely proud to have created a TV show that's loved by so many people around the world, and I'm thrilled to have had the opportunity to work with this remarkably talented cast for the past five years," said Dan Schneider, iCarly creator and executive producer. "For the finale, I've always known that I wanted to bring Carly's dad home, so I could wrap up the series in a way that will be exciting for all iCarly fans."

Nickelodeon's multi-platform offerings for "iGoodbye" include highlights from the episode on Nick.com and will serve as a first-look location for fans to view exclusive behind-the-scenes footage, trailers, photo galleries, and more. The special will be available for purchase in HD via iTunes at iTunes.com/iCarly, Amazon Instant Video, Xbox Video, PlayStation Store and Vudu, beginning Nov. 24. The series will continue in reruns on Nickelodeon platforms moving forward.

Nickelodeon's multi-platform offerings for "iGoodbye" include highlights from the episode on Nick.com and will serve as a first-look location for fans to view exclusive behind-the-scenes footage, trailers, photo galleries, and more. The special will be available for purchase in HD via iTunes at iTunes.com/iCarly, Amazon Instant Video, Xbox Video, PlayStation Store and Vudu, beginning Nov. 24. The series will continue in reruns on Nickelodeon platforms moving forward.

iCarly.com will feature a brand-new game, "The Epic iCarly Game," showcasing a level of play dedicated to each iCarly character beginning Nov. 19. In "The Epic iCarly Game," players must navigate various challenges in each of the five character-themed levels to collect special objects that unlock a nostalgic video from the series. Additionally, iCarly.com will showcase several never-before-seen webisodes.

Following the premiere of "iGoodbye," fans of the series will have the opportunity to win iconic items from the set of the hit series including Spencer's "bottle bot" sculpture, Carly's gummi light chandelier and the ice cream bench featured in her room by logging into www.Nick.com/iCarly.

Beginning Nov. 26, iCarly: The Complete Series, will be available for download exclusively on iTunes for the first time. Marking Nickelodeon's largest offering on iTunes, the set will be available for a limited time at $74.99.

Additionally, as the series ends, Nickelodeon has green-lit two new live-action comedy pilots from iCarly & Victorious creator and executive producer, Dan Schneider, headlining Jennette McCurdy (Sam), Ariana Grande (Cat) and Noah Munck (Gibby). In Sam & Cat (working title), feisty Sam Puckett (McCurdy) and daffy Cat Valentine (Ariana Grande, Victorious) become best buddies and unlikely roommates who quickly realize that fun and adventure do not come cheap. In Gibby (working title), Gibby (Munck) takes a job at a recreational center and becomes a mentor to four quirky middle-schoolers, helping them break out of their shells and embrace life in true "Gibbehhh" style.

In addition, Jerry Trainor is starring in the brand-new Nick at Nite comedy series, Wendell and Vinnie, as Vinnie, a lovable, goofball uncle who becomes the guardian to his buttoned-up 12-year-old nephew Wendell (Buddy Handleson, Shake It Up). The comedy series, greenlit for 20 episodes, also stars Nicole Sullivan (The King of Queens, The Penguins of Madagascar) as Vinnie's high-strung older sister Wilma. Wendell and Vinnie iss is written by Jay Kogen (Frasier, George Lopez) and will be executive produced by Aaron Kaplan (GCB, Terra Nova).

Since its debut on Nickelodeon on September 8, 2007, iCarly introduced random dancing, spaghetti tacos and penny T's into mainstream popular culture and showcased celebrity guest stars including Emmy winner Jane Lynch, as Sam's mom. The UK pop band One Direction made their world acting debut on the series earlier this year. Golden Globe nominated Emma Stone cameos in the show as an iCarly super fan. Additional celebrity guest stars include Golden Globe and Emmy winner Jim Parsons, The Plain White T's, David Archuletta, SNL's Kenan Wayans and Taram Killam, The Pawn Stars and Emmy Award-winner Jimmy Fallon and Tina Fey.

The hit Nickelodeon live-action series currently ranks as the network's number-one show with kids 6-11 and tweens 9-14 and as one of the top series on all TV with kids and tweens. (source: Nielsen Media Research). The series is created and executive produced by hit maker Dan Schneider (Victorious, Zoey 101, Drake & Josh).

Nickelodeon, now in its 33rd year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The company includes television programming and production in the United States and around the world, plus consumer products, online, recreation, books and feature films. Nickelodeon's U.S. television network is seen in more than 100 million households and has been the number-one-rated basic cable network for 17 consecutive years. For more information or artwork, visit http://www.nickpress.com. Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. (NASDAQ: VIA, VIA.B).

SOURCE Nickelodeon

RELATED LINKS
http://www.nick.com

Media Contact Info: Maggie Wang, Nickelodeon/NY, +1-212-846-6381, Maggie.Wang@Nick.com or; Adriana Lemus, Nickelodeon/LA, +1-310-752-8461, Adriana.Lemus@Nick.com.

Viacom Unveils Findings From Global Research Study, "The Next Normal: An Unprecedented Look At Millennials Worldwide"

Below is a Viacom Inc. Press Release from PRNewswire:

Viacom Unveils Findings From Global Research Study, "The Next Normal: An Unprecedented Look At Millennials Worldwide"

Despite Significant Economic Concerns, Vast Majority Of Millennials Are Very Happy, According To Landmark Study Of Young People Across 24 Countries

LONDON and NEW YORK, Nov. 15, 2012 /Viacom Press Release via PRNewswire/ -- Viacom (NASDAQ: VIAB, VIA) and its Viacom International Media Networks (VIMN) division, today unveiled in-depth findings from its groundbreaking new study, "The Next Normal: An Unprecedented Look at Millennials Worldwide," which provides the first truly global portrait of this highly influential demographic. The findings were presented at the Monaco Media Forum by Colleen Fahey Rush, Executive Vice President and Chief Research Officer, Viacom Media Networks.

(Download image - Viacom Logo: http://photos.prnewswire.com/prnh/20110811/NY51392LOGO )

The study spans every continent and delivers insights into the attitudes, values, aspirations and perspectives of young people (ages 9-30) from 24 countries: Argentina, Australia, Brazil, Canada, China, Egypt, France, Germany, Greece, India, Italy, Japan, Mexico, Netherlands, Poland, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Turkey, United Kingdom and United States. In total, this project included 15,000 interviews, in-depth explorations and expert contributions/commentaries.

"'The Next Normal' is the broadest single study of the Millennial generation to date," said Rush. "It is a truly detailed understanding of this complex generation from all corners of the world, and is without a doubt the definitive guide to this demographic's evolution. These insights will help inform our content and further strengthen our connections with Millennial audiences around the globe."

The study revealed that the economy is the #1 factor impacting the Millennial generation today, with 68% feeling personally touched by the global economic crisis. This percentage increases in Spain (86%), Italy (85%), and Greece (80%). But despite significant economic concerns, the vast majority of Millennials worldwide demonstrate a strong sense of happiness and optimism.

* Over three-quarters (76%) describe themselves as "very happy."

* Millennials' levels of happiness outweigh stress levels by a factor of over 2 to 1.

* Latin American Millennials report the highest levels of happiness, in countries like Mexico, Argentina and Brazil.

"We have a wealth of research on how young people approach life, what they consider important and how they cope with challenging situations," said Christian Kurz, Vice President, Research & Insights, VIMN. "This study builds on Viacom's already significant leadership in understanding our audiences and is a perfect example of our commitment to extending this knowledge and expertise globally."

Following is a snapshot of additional key findings from the study:

MILLENNIALS SUFFER FROM JOB INSECURITY

Economic concerns have resulted in a legacy of fear around job security and doubts about upward mobility.

* Unemployment outweighs world hunger as the top global issue that young people want to see solved.

* Almost half of young people (49%) believe that job security will continue to get worse.

* A full 78% would rather have a minimum wage job than no job at all.

* While 38% of young people in 2006 strongly agreed with the statement, "I will earn more than my parents," that percentage is down to 25% in the post-crisis era.

...YET THEY FIND REASONS TO BE HAPPY

Spending time with family is the top driver of happiness for Millennials today. Forty-five percent of all 9-30s globally say their #1 best friend is someone within the family.

"Thanks to the importance Millennials place on family bonds, the family unit today is closer than ever," added Kurz. "'The Next Normal,' based on the widest ever cross-section of Millennials, confirms that this emphasis on family is a global phenomenon."

Friendships, both real-life and online, are another key driver of happiness. Among Millennials, there is a trend towards smaller circles of real-life friends compared with online friends, which are skyrocketing.

* Over the past six years, Millennials have maintained about the same number of best friends, but their wider circle of everyday friends is shrinking.

* On the other hand, Millennials average well over 200 online friends. In the past six years, there has been a significant jump in the number of online contacts whom they consider friends, but have never actually met in person.

TECHNOLOGY DOESN'T DEFINE, IT ENABLES

Rather than defining the Millennial generation, technology is more of an enabler. If asked, a Millennial might say, "Technology doesn't make me who I am. It lets me be who I am." Technology underpins relationships and plays an important role in sustaining happiness and broadening horizons.

* Three quarters of Millennials believe social media has a beneficial effect on relationships with friends.

* A full 73% of Millennials say access to the Internet changes the way they think about the world.

PRIDE AND TOLERANCE

Millennials are displaying a growing sense of national pride and interest in maintaining local traditions. At the same time, they have an increasingly open and tolerant view of other countries and cultures.

* 83% agree "I'm proud to be [X] nationality," up from 77% in 2006.

* 76% agree that it's important to maintain their country's traditions, up from 68% in 2006.

* 73% think it's great to have people from other countries coming to live in their respective home country, up from 51% in 2006.

* 86% describe themselves as tolerant.

* 84% agree "my age group has the potential to change the world for the better."

"A key priority for VIMN is to provide its audiences around the world with 'glocal' content --programming that strikes the right balance between global and local themes," continued Kurz. "Our findings from 'The Next Normal' indicate a truly positive display of 'glocalisation' in action among Millennials at an even deeper level."

THE NEXT NORMAL: "WE" VERSUS "ME"

This study indicates that "The Next Normal" is much more "we" than "me." Key defining traits for the Millennial generation include a sense of global community, newfound tolerance and flexibility, increased creativity and a powerful desire to share and connect.

* 87% are actively curious about the world.

* 87% apply the phrase "sharing and connecting" to themselves.

* 85% describe themselves as able to adapt quickly to change.

* 93% globally believe it's our responsibility to treat all people with respect, regardless of race, gender, religion, political viewpoint or sexual orientation.

About Viacom

Viacom is home to the world's premier entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. With media networks reaching approximately 700 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s, Paramount Channel and VIVA. Paramount Pictures, celebrating its 100th year in 2012 and creator of many of the most beloved motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom operates a large portfolio of branded digital media experiences, including many of the world's most popular properties for entertainment, community and casual online gaming.

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.

About Viacom International Media Networks

Viacom International Media Networks (VIMN), a unit of Viacom Inc. (NASDAQ: VIA, VIAB), is comprised of many of the world's most popular multimedia entertainment brands, including MTV, Nickelodeon, Comedy Central, BET, Paramount Channel, VH1, VIVA, COLORS, Game One and Tr3s: MTV, Musica y Mas. Viacom brands are seen globally in more than 600 million households in 170 territories and 37 languages via more than 200 locally programmed and operated TV channels and more than 550 digital media and mobile TV properties.

SOURCE Viacom

RELATED LINKS
http://www.viacom.com.

Also, from Kidscreen's iKids:

New global study explores the lives of Millennials

In the new Viacom study, The Next Normal: An Unprecedented Look at Millennials Worldwide, findings reveal that the nine- to 30-year-old demo is not defined by technology, but sees it as an enabler.

The study, produced by Viacom and the Viacom International Media Networks (VIMN) division, surveyed 11,300 Millennials from across 24 countries including Argentina, Australia, Brazil, Canada, China, Egypt, France, Germany, Greece, India, Italy, Japan, Mexico, Netherlands, Russia, Singapore, South Africa, Spain, the UK and the US.

Results show that despite economic concerns more than three-quarters (76%) describe themselves as “very happy” with the highest levels of happiness in countries like Mexico, Argentina and Brazil. The top driver of happiness was found to be time spent with family.

Increases in online friendships have also become a bigger reason for happiness, with Millennials averaging more than 200 online friends. But while Millennials have maintained approximately the same number of best friends over the past six years, their wider circle of real-life friends is shrinking.

Concerning technology, 75% of Millennials believe social media helps their relationships with friends and 73% say internet access changes the way they think about the world.

[...]

Tags: social media, The Next Normal: An Unprecedented Look at Millennials Worldwide, Viacom

Viacom Declares Quarterly Cash Dividend

Below is a Viacom Inc. Press Release from PRNewswire:

Viacom Declares Quarterly Cash Dividend

NEW YORK, Nov. 14, 2012 /Viacom Press Release via PRNewswire-FirstCall/ -- Viacom Inc. (NASDAQ: VIAB and VIA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.275 per share on both its Class A and Class B common stock. The dividend will be payable on December 31, 2012 [New Years Eve] to stockholders of record at the close of business on December 15, 2012.

(Download image - Viacom Logo: http://photos.prnewswire.com/prnh/20110811/NY51392LOGO (PRNewsFoto/Viacom Inc.))
About Viacom

Viacom is home to the world's premier entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. With media networks reaching approximately 700 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s, Paramount Channel and VIVA. Paramount Pictures, celebrating its 100th year in 2012 and creator of many of the most beloved motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom operates a large portfolio of branded digital media experiences, including many of the world's most popular properties for entertainment, community and casual online gaming.

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.

Cautionary Statement Concerning Forward-Looking Statements

This news release contains both historical and forward-looking statements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements reflect the Company's current expectations concerning future results, objectives, plans and goals, and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause actual results, performance or achievements to differ. These risks, uncertainties and other factors include, among others: the public acceptance of the Company's programs, motion pictures and other entertainment content on the various platforms on which they are distributed; technological developments and their effect in the Company's markets and on consumer behavior; competition for audiences and distribution; the impact of piracy; economic conditions generally, and in advertising and retail markets in particular; fluctuations in the Company's results due to the timing, mix and availability of the Company's motion pictures; changes in the Federal communications laws and regulations; other domestic and global economic, business, competitive and/or regulatory factors affecting the Company's businesses generally; and other factors described in the Company's news releases and filings with the Securities and Exchange Commission, including its 2011 Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. The forward-looking statements included in this document are made only as of the date of this document, and the Company does not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

SOURCE Viacom Inc.

RELATED LINKS
http://www.viacom.com.

Media Contact Info: Viacom Corporate Communications, +1-212-846-7120.

Viacom Reports Earnings Growth For Fourth Quarter And Full-Year Fiscal 2012

Below is a Viacom Inc. Press Release from PRNewswire:

Viacom Reports Earnings Growth for Fourth Quarter and Full-Year Fiscal 2012

-- Fourth Quarter Adjusted Diluted Earnings Per Share Rises by 14%

-- Company Posts Full-Year Increases in Adjusted Operating Income, Adjusted Net Earnings and Adjusted Diluted EPS

-- $3.4 Billion in Capital Returned to Shareholders in Fiscal 2012 Through Share Repurchase Program and Dividends

NEW YORK, Nov. 15, 2012 /Viacom Press Release via PRNewswire-FirstCall/ --

Viacom Inc. (NASDAQ: VIAB, VIA) today reported results for the fiscal 2012 fourth quarter and full year ended September 30, 2012, with bottom line growth and substantial increases in earnings per share.

(Download Image - Viacom Logo: http://photos.prnewswire.com/prnh/20110811/NY51392LOGO (PRNewsFoto/Viacom Inc.))
Revenues in the fourth quarter declined 17% to $3.36 billion, due to lower Filmed Entertainment revenues. Adjusted operating income of $1.05 billion was essentially flat compared to the prior year's comparable quarter as the revenue decrease was substantially offset by lower expenses. Adjusted net earnings from continuing operations attributable to Viacom in the fourth quarter rose 2% to $626 million, and adjusted diluted earnings per share from continuing operations increased 14% to $1.21.

Revenues for the full year were $13.89 billion, down 7% from the previous year, reflecting higher Media Networks revenues, more than offset by lower Filmed Entertainment revenues. Full-year adjusted operating income grew 1% to $3.9 billion, principally reflecting higher Media Networks revenues. Full-year adjusted net earnings from continuing operations attributable to Viacom rose 1% to $2.26 billion and full-year adjusted diluted earnings per share from continuing operations increased 11% to $4.21 per diluted share, reflecting the impact of the company's ongoing share repurchase program.

Sumner M. Redstone, Executive Chairman of Viacom, said, "Viacom continues to create many of the world's best known and most exciting media properties, and delights audiences across the globe with content for every screen imaginable. Our unparalleled creative minds and Philippe's outstanding management position Viacom perfectly for long-term growth."

Philippe Dauman, President and Chief Executive Officer of Viacom, said, "Viacom is executing on its goals of continued investment in great content, ongoing operational excellence and ever-increasing returns to shareholders. Our Media Networks drove value in the quarter and the year through steady growth in distribution revenues, and the production of new and engaging programming that connects with valuable audiences. Viacom's media brands have built unrivaled connections with their fans, creating unique experiences and powerful opportunities for advertisers. We continue to invest in our future across all platforms and geographies. Paramount also continued to achieve solid margin growth in the fourth quarter and full year, and has an exciting pipeline in place with eight films in the first fiscal quarter, including Jack Reacher, DreamWorks Animation's Rise of the Guardians and the recently released Flight.

"Viacom's balance sheet remains strong, providing the flexibility to invest in our business while delivering capital directly to shareholders. Our shareholders received $3.4 billion in capital in fiscal 2012 through our share repurchase and dividends, and Viacom is firmly committed to achieving its strong capital return goals."

Quarterly revenues were $3.36 billion, a decrease of 17% from $4.05 billion in the prior year. Media Networks revenues were flat at $2.29 billion, principally reflecting increased affiliate fees offset by lower advertising and ancillary revenues. Domestic affiliate revenues increased 12%, driven by rate increases and higher digital revenues. Worldwide affiliate revenues increased 11%. Domestic advertising revenues declined 6% and worldwide advertising revenues decreased 7%. Filmed Entertainment revenues declined 39% to $1.09 billion, principally due to the number and mix of theatrical and home entertainment titles released in the quarter, and reflecting difficult comparisons with the significant impact of Transformers: Dark of the Moon in the fourth quarter of 2011. TV and ancillary revenues in the Filmed Entertainment segment rose by 19% and 21%, respectively.

Full-year revenues were $13.89 billion, a 7% decline compared to the prior fiscal year, driven by lower theatrical and home entertainment revenues in the Filmed Entertainment segment. Media Networks revenues rose $49 million to $9.19 billion, reflecting an 11% increase in affiliate revenue to $3.89 billion that was partially offset by a 5% decrease in advertising revenues to $4.76 billion. Domestic affiliate revenues increased 10% and domestic advertising revenues declined 4%. Filmed Entertainment revenues decreased 19% to $4.82 billion.

Quarterly adjusted operating income was essentially flat at $1.05 billion, due to a 3% decline in the Media Networks segment partially offset by an increase in Filmed Entertainment. Media Networks results reflected a slight increase in expenses driven by higher operating costs associated with increased programming investment, substantially offset by lower selling, general and administrative expenses. The 5% growth at Filmed Entertainment was driven by higher TV and digital revenues and the beneficial impact of previously announced strategic cost savings initiatives.

Full-year adjusted operating income increased $47 million, or 1%, to $3.90 billion from $3.85 billion last year. Media Networks adjusted operating income increased $41 million, principally reflecting the net increase in revenues. Higher operating expenses driven by programming investment were substantially offset by decreases in selling, general and administrative expenses and lower depreciation and amortization. Filmed Entertainment adjusted operating income decreased $16 million, principally reflecting a difficult comparison with the one-time benefit from the sale of certain Marvel distribution rights in the prior year, partially offset by this year's increased digital revenues.

Quarterly adjusted net earnings from continuing operations attributable to Viacom rose 2% to $626 million. The increase reflects gains from foreign exchange and a lower effective corporate tax rate. Adjusted diluted earnings per share from continuing operations for the quarter were $1.21, a 14% increase from $1.06 in the prior year's comparable quarter.

Full-year adjusted net earnings from continuing operations attributable to Viacom rose to $2.264 billion, an increase of 1% over the prior fiscal year. The improvement was principally due to growth in adjusted operating income. Full-year adjusted diluted earnings per share from continuing operations increased 11% to $4.21, principally reflecting fewer outstanding shares.

Stock Repurchase Program

For the quarter ended September 30, 2012, Viacom repurchased 14.2 million shares under its stock repurchase program, for an aggregate purchase price of $700 million. During the year ended September 30, 2012, Viacom repurchased 59.9 million shares for an aggregate price of $2.8 billion. As of November 14, 2012, Viacom had $4.420 billion remaining in its $10 billion stock repurchase program.

Debt

At September 30, 2012, total debt outstanding, including capital lease obligations, was $8.15 billion, compared with $7.37 billion at September 30, 2011. The Company's cash balances decreased to $848 million at September 30, 2012, compared with $1.02 billion at September 30, 2011.

About Viacom

Viacom is home to the world's premier entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. With media networks reaching approximately 700 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s, Paramount Channel and VIVA. Paramount Pictures, celebrating its 100th year in 2012 and creator of many of the most beloved motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom operates a large portfolio of branded digital media experiences, including many of the world's most popular properties for entertainment, community and casual online gaming.

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.

Cautionary Statement Concerning Forward-Looking Statements

This news release contains both historical and forward-looking statements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements reflect the Company's current expectations concerning future results, objectives, plans and goals, and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause actual results, performance or achievements to differ. These risks, uncertainties and other factors include, among others: the public acceptance of the Company's programs, motion pictures and other entertainment content on the various platforms on which they are distributed; technological developments and their effect in the Company's markets and on consumer behavior; competition for audiences and distribution; the impact of piracy; economic conditions generally, and in advertising and retail markets in particular; fluctuations in the Company's results due to the timing, mix and availability of the Company's motion pictures; changes in the Federal communications laws and regulations; other domestic and global economic, business, competitive and/or regulatory factors affecting the Company's businesses generally; and other factors described in the Company's news releases and filings with the Securities and Exchange Commission, including its 2012 Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. The forward-looking statements included in this document are made only as of the date of this document, and the Company does not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances. If applicable, reconciliations for any non-GAAP financial information contained in this news release are included in this news release or available on the Company's website at http://www.viacom.com.

SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL INFORMATION

The following tables reconcile the Company's results for the quarter and year ended September 30, 2012 and 2011 to adjusted results that exclude the impact of certain items identified as affecting comparability ("Factors Affecting Comparability"), including restructuring charges, extinguishment of debt and discrete tax benefits. The Company uses consolidated adjusted operating income, adjusted net earnings from continuing operations attributable to Viacom and adjusted diluted earnings per share ("EPS") from continuing operations, as applicable, among other measures, to evaluate the Company's actual operating performance and for planning and forecasting of future periods. The Company believes that the adjusted results provide relevant and useful information for investors because they clarify the Company's actual operating performance, make it easier to compare Viacom's results with those of other companies and allow investors to review performance in the same way as our management. Since these are not measures of performance calculated in accordance with generally accepted accounting principles, they should not be considered in isolation of, or as a substitute for, operating income, net earnings from continuing operations attributable to Viacom and diluted EPS as indicators of operating performance, and they may not be comparable to similarly titled measures employed by other companies.

(in millions, except per share amounts)

(1) Pre-tax earnings from continuing operations represent earnings before provision for income taxes.

(2) The tax impact has been calculated using the rates applicable to the adjustments presented.

(3) Adjusted results for the year ended September 30, 2012 exclude a pre-tax debt extinguishment loss of $21 million on the redemption of all $750 million our outstanding 6.850% Senior Note due 2055. Adjusted results for the year ended September 30, 2011 exclude a pre-tax debt extinguishment loss of $87 million on the repurchase of $582 million of our 6.250% Senior Notes due 2016.

(4) Adjusted results for the quarter ended September 30, 2011 exclude $77 million and $53 million of restructuring charges at the Media Networks and Filmed Entertainment segments, respectively. Adjusted results for the year ended September 30, 2011 also exclude $14 million of employee separation costs attributable to the Media Networks segment, which occurred in the third quarter.

(5) Adjusted results for the quarter and year ended September 30, 2012 exclude $17 million and $94 million of discrete tax benefits, respectively. The benefits recognized in the quarter are principally derived from operating loss carryforwards. Adjusted results for the year ended September 30, 2012 also include benefits from capital loss carryforwards, as well as reserve releases resulting from effectively settled audits. Adjusted results for the quarter and year ended September 30, 2011 exclude $52 million of discrete tax benefits principally related to reserve releases resulting from effectively settled audits.

SOURCE Viacom Inc.

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Nickelodeon UK, United Utilities And Southern Water's Water Efficiency Initiative, Gabi The Rapping Camel, Wins Award At The UK Green Apple Environment Awards 2012!

From Rochdale Online:

Water-efficient camel soaks up two awards for united utilities

A rapping water-efficient camel has helped water company United Utilities scoop two top awards.

Gabi H20 - a character devised by TV Network Nickelodeon, with backing from United Utilities and Southern Water - is the UK's first on-air animated character dedicated to educating children about water efficiency.

Since May, an estimated 5.5 million children and 1.6 million parents have tuned into Nickelodeon, where the Gabi message has been played three times a day.

Now the campaign has picked up a UK Water Efficiency Award for Campaigns and Education and, this week (Mon Nov 12), became a Gold Winner in the Retail Utility Category at the UK Green Apple Environment Awards, which took place at the House of Commons.

United Utilities Demand Strategy Analyst Maxine Stiller said helping people be more water efficient was good for the environment and people's bills.

"We're always looking for new ways to get the message across. We've been giving away free water-saving packs and gadgets like save-a-flush devices and shower regulators for a long time, but GabiH2O has helped us reach a whole new audience. Children instinctively want to protect the environment and learn really fast. We hope we can harness pester power working for the common good. It's great to be recognised for the work we're doing," she said.

Kiaran Saunders, Vice President, Commercial Director, Nickelodeon UK, says "We are immensely proud of what we have achieved working with Gabi. GabiH2O has harnessed the medium of mass media reach to create the first unified nationwide outreach campaign dedicated to saving water, reaching millions. By partnering with Nickelodeon Gabi has ensured a nationwide audience is being exposed to water saving messages.”

The campaign went live on 14 May, running 3-5 times per day on Nickelodeon channels. The average viewing figures are 5.5 million per month, of which roughly half are kids 4-15, and 1.6 million are parents. The accompanying website has had over 174,700 visits and more than 211,300 page views, suggesting a high level of engagement with Gabi and his message.

"GabiH2O has harnessed the medium of mass media reach to create the first unified nationwide outreach campaign dedicated to saving water, reaching millions. By partnering with Nickelodeon Gabi has ensured a nationwide audience is being exposed to water saving messages.