Levy to Increase Coordination and Collaboration Across Media Networks
NEW YORK--(BUSINESS WIRE)--
Viacom Inc. (NASDAQ: VIAB, VIA) today announced the appointment of Sarah
Levy as Chief Operating Officer of its Global Entertainment Group,
effective immediately.
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Sara Levy, Chief Operating Officer, Viacom Global Entertainment Group (Photo: Business Wire)
In this newly created role, Levy will oversee operations and strategy
for MTV, Comedy Central, VH1, Spike, CMT, TV Land, Logo and Viacom
International Media Networks and manage the following functions for the
Group: Production Management and Operations, Digital, Strategy and
Business Development, Research, and Content & Programming Enterprises.
Sarah will also help guide Content Distribution, Finance, Business and
Legal Affairs and Human Resources functions across these networks. She
will report directly to President and Chief Executive Officer Bob Bakish.
Bob Bakish said, "Viacom is committed to making the changes necessary to
enhance performance, and we are deeply focused on increasing
coordination and collaboration across our individual brands. Aligning
these network operations under Sarah represents an important step
forward to becoming a stronger and more integrated organization. In
Sarah's nearly 20 years at Viacom, she has established a strong track
record of success, and has been a key leader at Nickelodeon, helping to
drive the network's long-range strategy and the continued dominance of
the brand across every screen and revenue stream."
Levy said, "I am excited to take on this new role and look forward to
working closely with Viacom's extraordinary operations teams. By taking
a holistic view of our networks and establishing a unified and
complementary strategy, we will capture the many opportunities that
exist to optimize our portfolio for the benefit of our company,
distributors and audiences."
Levy most recently served as COO of the Viacom Kids & Family Group and
COO of Nickelodeon prior to that role. During her 18-year tenure at
Viacom, she has overseen various businesses and departments ranging from
Consumer Products to TV Networks to Ad Sales. Her many achievements
include the acquisition and development of the Teenage Mutant
Ninja Turtles franchise, which has become a category-leading
cross-platform success, generating more than $5 billion at retail and
over $700 million at the global box office. She has led the way in
expanding the Nickelodeon brand to new businesses and has developed key
strategic partnerships in consumer products and recreation. She began
her career with Nickelodeon in 1998 as Director of Business Development.
Levy received a B.A. degree in Economics from Harvard College and an
M.B.A. from Harvard Business School. Prior to business school, she
worked at The Walt Disney Co. and at Goldman Sachs & Co.
About Viacom
Viacom is home to premier global media brands that create compelling
television programs, motion pictures, short-form content, apps, games,
consumer products, social media experiences, and other entertainment
content for audiences in more than 180 countries. Viacom's media
networks, including Nickelodeon, Comedy Central, MTV, VH1, Spike, BET,
CMT, TV Land, Nick at Nite, Nick Jr., Logo, Nicktoons, TeenNick, Channel
5 (UK), Telefe (Argentina) and Paramount Channel, reach over 3.9 billion
cumulative television subscribers worldwide. Paramount Pictures is a
major global producer and distributor of filmed entertainment.
For more information about Viacom and its businesses, visit www.viacom.com.
Keep up with Viacom news by following Viacom's blog at blog.viacom.com
and Twitter feed at www.twitter.com/viacom.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170105006173/en/
Media
Viacom Inc.
Jeremy Zweig, 212-846-7503
jeremy@viacom.com
Source: Viacom Inc.
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