Default CoopSays Text
-- Profile Updated 07/06/2010
Viacom is one of the media industry giants, owning major names such as BET, CBS and MTV. The company's reach extends into radio and internet as well. In 2004 Viacom's income topped $22.5 billion with 38,350 employees.
Stop Big Media
The non-profit, non-partisan group Free Press sponsors various public campaigns to fight concentrated big media ownership. Viacom is the fourth largest media conglomerate, behind only General Electric, Time Warner and Disney in terms of revenue and scope of its media operations and ownership. Free Press asks citizens to take action against a complete media takeover by these massive corporations by opposing the FCC’s lax enforcement of media ownership rules.
There are no known affiliates associated with Viacom.
New York, NY 10036 USA
Ethics and Governance
The Project for Excellence in Journalism’s “State of the News Media 2006” report found that journalism is becoming increasingly dominated by a few large corporations, continuously moving away from public interest. In section entitled “Day in the Life of the Media,” compares network TV news of ABC (owned by Disney), CBS (owned by Viacom), and NBC (owned by GE). When examining the evening newscasts, strikingly similar news stories were covered, particularly in the first 12 minutes. The report found that by the shows’ end, ABC and CBS only had one “package” that was unique to their newscasts.
-- Project for Excellence in Journalism, 01/01/2006
Source URL: www.stateofthenewsmedia.com/2006
According to the Social Investment Research Analyst Network (SIRAN), ten years after the Federal Glass Ceiling Commission recommended disclosure of diversity data as a way to remove barriers and promote women and minority advancement, most US companies still fail to fully disclose EEO data to the public. Viacom is listed as one of the companies that does not provide full public disclosure.
-- Social Investment Research Analyst Network (SIRAN), 12/07/2005
Source URL: www.siran.org