Film and video production companies

Viacom Emerges as Victor in Paramount Communications Battle

The battle for Paramount Communications took an unexpected turn as Viacom announced an $8.4 billion merger with Blockbuster Entertainment, outbidding QVC's $9.8 billion offer. Viacom's chairman, Sumner Redstone, had until midnight to increase the bid or lose out to QVC. However, just before the

Viacom Faces Deadline in Bidding War for Paramount Communications Inc.

Viacom, a prominent media and entertainment conglomerate, is set to respond to QVC Network's $9.7 billion bid for Paramount Communications Inc. by Friday. However, Wall Street traders believe Viacom will take action before the deadline, with reports suggesting the company may finance a higher bid through bank

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