Viacom CEO Confirms Deutsche Bank Conference Appearance
CEO Philippe Dauman Will Speak During Q&A Session
By Larry Barrett -- Multichannel News, 6/3/2008 6:11:00 AM MT
Viacom Tuesday announced CEO Philippe Dauman will participate in a question-and-answer session Monday, June 9 at the Deutsche Bank Media and Telecom Conference in New York City.
Dauman’s Q&A session, which is scheduled to begin at approximately 10:25 a.m. (ET), will be open to the general public through a live webcast on Viacom's Web site.
At last week’s Sanford Bernstein Strategic Decisions conference, Dauman told investors and analysts that Viacom will concentrate on growing its existing properties and would likely pass on a possible acquisition of The Weather Channel.
The Weather Channel went on the block in January and final bids were expected two weeks ago. According to people familiar with the auction, Time Warner and NBC Universal were expected to be the leading bidders for the network, which is said to have attracted prices in the $3.5 billion to $4 billion range.
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