Top Entertainment Companies Where People Want to Work – Where Does Viacom Rank?

LinkedIn ranks the the top 40 companies in the world that people want to work at

Last Updated: June 20, 2016 @ 10:30 AM

LinkedIn has named Viacom the third best company to work for in the entertainment industry, despite the ongoing Sumner Redstone drama.

LinkedIn Top Attractor created the first-ever list that ranks the top 40 companies in the world that people want to work at. Netflix came in 11th place, overall, but led the pack of entertainment-related businesses, followed by Pandora in the 17th spot and Viacom placing 33rd. Others include Live Nation (Rank 35), HBO (Rank 36) and Fox (Rank 38).

Google led the entire list, and Morgan Stanley ranked as no. 40. According to the LinkedIn, 13 percent of all job seekers in the United States are looking for a career in media and entertainment.

Viacom’s leadership has been in a state of chaos as of late. Sumner Redstone, who owns 80 percent of voting interest at the corporation, recently removed his protege and Viacom CEO Philippe Dauman from the Board of Directors. Dauman has been sparring with board member Shari Redstone over his succession into her father Sumner’s old chairman role. Meanwhile, Sumner’s competency has been questioned since his health began to decline.

This battle for control between Shari and Dauman has been a dark cloud hanging over the head of Viacom, as has Sumner’s embarrassing legal battle with ex-companion Manuela Herzer. All the while, TV ratings are declining and the company’s stock is suffering.

In February, Viacom’s stock fell a whopping 21 percent. In the past 22 months, since July 2014, Viacom stock (VIAB) has plummeted from its height of $89.76 (July 16, 2014) to the low of $30.11 (Feb. 11, 2016).