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Slide #3. Viacom International Media Networks — Channel 5 Broadcasting
Viacom International Media Networks (VIA)
Channel 5 Broadcasting
Viacom Inc. (NASDAQ:VIAB,VIA) and Northern & Shell Media Group today announced a definitive agreement for the acquisition of Channel 5 Broadcasting Limited by Viacom International Media Networks (VIMN) for 450 million (approximately $757 million).
Viacom provides entertainment through television, film, direct-to-consumer streaming, digital media, live events, merchandise and solutions. Co.'s segments are: Media Networks, which creates, acquires, distributes and sells programming and other content for its audiences, distributed through cable, satellite and broadband services, on linear, streaming, on-demand and transactional bases, for viewing on a range of devices such as televisions, PCs, tablets, smartphones and other connected devices; and Filmed Entertainment, which develops, produces, finances, acquires and distributes films, television programming and other entertainment content in various markets and media worldwide.
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Strong Sell (0.00 out of 4)
(ranked higher than approx. 69% of all stocks covered)
Based on Zacks ABR data;
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