
Viacom was “due for an increase,” Wells Fargo Securities analyst Marci Ryvicker says — although she expected a 20% bump. The company raised its dividend on May 25, 2011, and June 9, 2010. Also, it’s generating cash and has a healthy balance sheet. She figures that Viacom will make $560M in dividend payments over the next 12 months, equal to about 20% of its free cash flow. CEO Philippe Dauman says that “returning value to our shareholders is a priority for Viacom.”

Erin Carlson The actor suffered a broken leg in Tuesday's accident on New York City's Upper West Side.read more

A New York woman who pretended to have terminal cancer to pay for an extravagant wedding and honeymoon has been ordered to give back thousands of dollars she received from sympathetic donors.

Several years ago Showtime was the first network to send full seasons of its series to TV Academy members. Now it is the first to make full seasons of its Emmy hopefuls available for free to anyone, including TV Academy members, for three days. During one of the busiest Emmy weekend voting periods, from Friday June 15 to Sunday June 17, Showtime will be available for free nationwide via DirecTV and in New York and Los Angeles on the Time Warner Cable systems. Titled Best in SHO, the Emmy Free Weekend promotion, the first ever for a pay cable network, will feature marathon runs of the network’s original programming: series Homeland, Shameless, Dexter, Nurse Jackie, House Of Lies, The Borgias, The Big C, House Of Lies, Weeds and Californication, and documentary Rebirth. The free preview weekend also will give viewers access to the season finales of Nurse Jackie, The Big C and The Borgias on Sunday, June 17.
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