Viacom News

Paramount Global Settles Shareholder Suit for $122.5 Million

Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the company, agreeing to pay $122.5 million. The settlement with Viacom investors was reached on Feb. 27, according to a …

Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger

A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a “patently unfair” merger that created ViacomCBS Inc. so she could become a media magnate like her late father, Sumner Redstone. …

Viacom Wins Reversal in Landmark Copyright Case vs. Google’s YouTube

A U.S. appeals court has revived lawsuits by Viacom Inc., the English Premier League, and various film studios and television networks accusing Google Inc. of allowing copyrighted videos on its YouTube service without permission. The 2nd U.S. Circuit Court of …

Court May Revive Viacom Copyright Claim Against YouTube

In a copyright infringement case at the heart of media company battles to win Internet viewers, an appeals court grappled on Tuesday over whether to revive Viacom Inc.’s landmark $1 billion lawsuit against Google Inc.’s YouTube. Media conglomerate Viacom , …