But film revenue down as releases like "The Devil Inside" can't match success of "Rango" and "Justin Bieber: Never Say Never"

Viacom Executive Chairman Sumner Redstone made it to the company's annual shareholders meeting, rebutting reports that his health would prevent his appearing

Taylor Swift's new music video for "The Hunger Games" will get a global launch, the first in MTV's history

Charge related to sale of "Rock Band" maker Harmonix to blame for drop; profit from continuing operations down 5 percent

Phelps will oversee all communications and media relations for Viacom's international multiplatform brands

The change will take effect Dec. 1

The media giant beats Wall Street expectations for revenue and earnings as its film division excels and cable continues to grow

The studio also announces several executive shifts and will centralize global marketing

Ben Stiller will star in the first parody trailer, debuting soon on MTV.com, with Unilever as a sponsor

Dow Jones Industrial Average was down 519.83 points, slamming media stocks.

“We are proceeding under the assumption that we will not be extending the DreamWorks Animation deal beyond next year"

Despite huge upfront sales and strong earnings, the media industry is fully aware that advertisers have cancellation options