Paramount The Teenage Mutant Ninja Turtles have just met their greatest foe yet: taxes. According to a report from The New York Times, Viacom, which owns the rights to the Turtles along with Transformers and a slew of other intellectual property, is under intense scrutiny after a Dutch non-profit… Read entire story.
Source: FilmDrunk – UPROXX
Nickelodeon and Netflix have set a deal for Nickelodeon Studios to produce two original, animated feature films: The Loud House and Rise of the Teenage Mutant Ninja Turtles. The films are based on Nickelodeon properties but do not involve the TV series, Viacom said. The company announced the deal during … Read entire story.
Source: Deadline
The newly constituted board of directors of CBS is meeting today in LA, with M&A and the search for a permanent CEO among the topics on its agenda. Sources are saying the board meeting has more of a procedural bent and is not likely to result in a definitive … Read entire story.
Source: Deadline
Viacom CEO Bob Bakish received total compensation of $19.955 million in fiscal year 2018, the company said in a Securities and Exchange Commission filing Friday. That marks a small dip from his 2017 total compensation, which shook out to $20.315M. Bakish just wrapped his second full year as Viacom’s permanent … Read entire story.
Source: Deadline
Viacom laid off about 20 employees across its entertainment group, with the majority coming at Paramount Network, Deadline has confirmed. The company declined to comment, however a person with knowledge of the situation said the job cuts represent less than 2% of the group’s workforce. The layoffs come after a … Read entire story.
Source: Deadline