Viacom Wins Interest for Stake in Paramount Studio

Wall Street Journal: Since announcing plans to sell a minority stake in its Paramount Pictures studio three weeks ago, Viacom said it has received interest from three dozen companies, even as Paramount is experiencing a particularly weak quarter at the box office. Viacom CEO Philippe Dauman said the company is looking for a strategic partner that could help it in its international and digital businesses, as opposed to purely financial buyers such as private-equity firms.