Kristin Brzoznowski

NEW YORK: Revenues for the first fiscal quarter of 2016 declined 6 percent to $3.15 billion at Viacom, with soft performances from its Media Networks and Filmed Entertainment businesses.

NEW YORK/TORONTO: Boat Rocker Media has named Gia DeLaney as VP of global sales and licensing for Boat Rocker Rights.

SANTA MONICA/VANCOUVER: Lionsgate reported quarterly earnings of $40.7 million, down sharply from the $98.2 million posted in the prior-year period, with the company citing a soft performance from its movies.

BERLIN: Ken DuBow, previously the executive VP of Lightning Entertainment, has set up the new distribution outfit Bob’s Your Uncle.

NEW YORK: Viacom President and CEO Philippe Dauman has been appointed as the company's executive chairman, replacing Sumner Redstone, who becomes chairman emeritus.

SAN BRUNO: YouTube Red is ready to roll out the first four originals for its subscription service, including projects from PewDiePie and Rooster Teeth.

NEW YORK: Leslie Moonves has been elected as the next chair of the CBS Board of Directors, following the recent resignation of Sumner Redstone from his position of executive chairman.

WASHINGTON, D.C.: Leftfield Entertainment's Loud TV has forged a partnership with Frantic Films that sees the two companies develop and produce programming for the U.S. and Canadian marketplaces.

By 2019, more than 50 percent of TV households in Japan, the U.S., the U.K., France and Germany will have smart TVs, according to IHS. The IHS TV Sets Intelligence Service report finds that smart TV household penetration in Japan has already reached 50 percent and will rise to 63 percent in 2019, followed by the U.S. at 57 percent.

BEVERLY HILLS: Brahman Naman, a comedy from Indian indie director Q, will be available exclusively for Netflix members around the world later this year.