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G.I. Joe and the Transformers came to Viacom Inc.'s rescue in the third quarter, helping boost the company's earnings 15 percent with strong box office returns.
A tight credit market prompted Viacom Inc.'s movie-making subsidiary, Paramount Pictures, to drop a deal for $450 million in financing from Deutsche Bank, the companies said Tuesday.
Viacom Inc.'s MTV Networks and digital media company RealNetworks announced Tuesday a digital music joint venture that will compete with Apple's dominant trinity of the iTunes store, iPod player and iPhone.
Google Inc. on Monday filed a response to Viacom Inc.'s copyright infringement lawsuit over Google's massively popular video-sharing sharing site YouTube, arguing that the site's activities are legal.
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