Viacom Names Seven Independent Directors

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Viacom Inc. elected seven independent directors to the boards of the two new publicly traded companies that will be created following the split of the company.

Joining the board of the new Viacom -- which will include the company’s cable assets (MTV Networks and Black Entertainment Television), Paramount Pictures, Paramount Home Entertainment and Famous Music -- will be Thomas E. Dooley, Ellen V. Futter and Robert K. Kraft.

And CBS Corp. -- the CBS broadcast network, the UPN broadcast network, Infinity Broadcasting Corp., Viacom Outdoor, Viacom Television Stations Group, Paramount Television, King World Productions, Simon & Schuster Inc., Showtime Networks Inc. and ParamountParks -- will add Charles K. Gifford, Bruce S. Gordon, Ann N. Reese and Judith A. Sprieser to its board.

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