Viacom to Restructure Amid Pressures from Digital Media

Variety: Viacom is quietly restructuring itself as it is pressured by the quick rise of digital media. Three of the company’s operating units are being reworked into two. Three senior execs are set to depart. And an unknown number of jobs are expected to be eliminated. The New York-based owner of cable networks like MTV, Comedy Central and VH1 is grappling with new challenges presented by the rapid consumer embrace of digital media.