Viacom Shakeup: What's Next for Philippe Dauman?

The transcript discusses Viacom's financial forecast falling short of expectations, attributing blame to management and the Redstone family. Leadership changes are underway, with Felipe DuMont's position uncertain. Viacom faces challenges with its cable networks as audiences shift to digital platforms. In contrast, CBS remains stable under Les Moonves' leadership, despite merger talks with Viacom.

What were the main reasons cited for Viacom's underperformance?

• High production costs of new shows

• Underperformance of the Teenage Mutant Ninja Turtles sequel and slow TV network growth

• Strong competition from Disney

• Lack of investment in digital platforms

What is the current status of Philippe DuMont at Viacom?

• He has been permanently removed as CEO and Chairman

• He remains as CEO but not as Chairman

• He is in a limbo state, still holding both positions until court approval

• He has voluntarily stepped down from both positions

Why is there speculation about Tom Dooley's future role at Viacom?

• He announced his retirement plans

• He has been publicly criticized by the Redstone family

• He was removed from the board along with Philippe DuMont

• He was not removed from the board, suggesting he might become interim CEO

What is the primary challenge facing Viacom's cable networks?

• Increasing competition from other cable networks

• Declining interest from younger audiences who prefer digital platforms

• High operational costs

• Lack of new content

How is CBS's situation different from Viacom's according to the transcript?

• CBS is facing similar leadership challenges

• CBS is more stable with a good relationship between Sherry Redstone and Les Moonves

• CBS is struggling with declining viewership

• CBS is planning a merger with Viacom