Saturday, November 15, 2014

Viacom And Frontier Communications Renew Carriage Agreement; Viacom Declares Quarterly Cash Dividend

Viacom Inc. (NASDAQ:VIAB, VIA) and Frontier Communications Corporation (NASDAQ:FTR) have announced in a press release the long-term renewal of their carriage agreement, which includes multiplatform rights for 27 Viacom networks, including Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, as well as for premium network EPIX. EPIX delivers big hit movies, original comedy specials, original documentaries, music concerts and series. EPIX also offers 3,000 titles available for streaming at EPIX.com and on the EPIX App. Additional terms of the agreement were not disclosed.


Additionally, Viacom Inc. (NASDAQ: VIAB and VIA) has also announced in a second press release that its Board of Directors has declared a quarterly cash dividend of $0.33 per share on both its Class A and Class B common stock. The dividend will be payable on Friday 2nd January 2015 to stockholders of record at the close of business on Monday 15th December 2014.
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