Viacom (VIA) announced that it has appointed Robert Bakish to the newly created position of President and CEO of Viacom International Media Networks. Bakish was previously President of MTV Networks International. In his new role, he will oversee Viacom's Media Networks properties that operate outside the U.S., including MTV Networks International, as well as BET Networks' international channels and non-premium Paramount branded networks. Bakish will also continue to serve as Chairman of Viacom 18, the company's joint venture in India, and as a member of the boards of Viacom's joint ventures with BSkyB and Telecom Italia Media.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...