Viacom To Move Movie, TV Library to DVD

[tgpo]

Viacom To Move Movie, TV Library to DVD

Saying, "Content is king, and we are the kings of content," Viacom chief Sumner Redstone has promised to move "underutilized" movies and TV series off the company's shelves and onto DVDs. As reported by Video Store magazine, Redstone told analysts at the 15th Annual Global Entertainment, Media and Telecommunications Conference in Phoenix, AZ. "Of over a thousand movie titles, we only utilize less than half for DVD. We have 2,900 television series and movies; we've only used 5 percent. ... So you can see us aggressive in the DVD market and taking in a lot of money for Viacom and hopefully for you guys." He also promised that Viacom's brands, which include Paramount, CBS, MTV and Nickelodeon, will be "properly represented on the Internet" and other platforms. "That will be a bonanza for us," he predicted. Meanwhile Viacom's bond prices plunged Wednesday after Redstone said that the company planned to increase its debt in order to finance various undertakings, including more expensive movie productions.

Yes, Yes, Yes!!!

[Forum Troll]

Now if only they will release a box set of "You Can't Do That on Television", the world would be a perfect place.

[lordsmurf]

All talk and no action. I'll believe this when I see it.

[Nilfennasion]

Indeed, I too would love to see the show that Nickelodeon stole all the ideas that it used in its early years from. :P But unfortunately, they used a more extremist form of source material conservation than the BBC did on Doctor Who. Few of the episodes even exist anymore.