you watch paramount movie, mtv, you watch nickelodeon. viacom jumping 6% along with the markets up 77 points for the dow jones industrials. now more than 200-point swing here. we have charlie gasparino working on the viacom story and fox business and "countdown" working on the market story. a big move today, big reversals. we'll be right back. please don't go away, a lot going on, on this thursday, folks. ♪ in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. and in syracuse, where imagination is in production. let us help grow your company's tomorrow - today - at business.ny.gov when a moment turns romantic why pause to take a pill? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day

i'm not a big fan of nickelodeon. ashley: you surprised me.hter] >> but they have a name, they have some good properties. they have some that aren't so good. on top of that you have -- i've never seen board room unrest like this in my life. and it's epic, and we're waiting any day now for the next shoe to drop which is the move against dauman and the board and how much do they fight back. ashley: and how ugly does it get? >> they will fight back. karen will be one of the witnesses and they have a lot of evidence in their legal documents, in their lawsuit that says sumner is not competent to remove them. ashley: stay tuned as they say for the next installment of the young and the spiteful. >> i'm going to read up on that. ashley: charlie, thank you very much, great stuff. to a somber story, residents of rural southeastern texas counties bracing for more flooding. in fort bend county, southwest of houston, the brazos river reaching a record high crest at nearly 54 feet yesterday. local residents forced to evacuate and officials perform dozens of

. >> she was a r star on nickelodeon with anin lysane popular "big sister." ♪ and then jamie lynn's lifent. she was 16 and pregnant. she wrote a song about how she foun ♪ got the news bp ♪ >> it's about emb your story and not apologizing or being ashamed of it because makes you who you are. as long as you grow from it, you don't have to apoll sgiz for it. >> jamie spent the next nine years out of the spotlight, but not anymore. she's sharing her life now on her tlc special. how scary was it to bring the cameras into your life? especially with a young daughter at home. >> it was very scary. i think it's any time you're around cameras. >> when i became pregnant, the world that i knew came crashing down. i look back now and i'm like, oh, my gosh. >> jamie told her mother the news in a note. >> what do you think are some of the biggest misconceptions aaout jamie lynn? is there anything you wi people saw more of from her? >> her funny side, because she is so fun the way she imitates she's right on. >> does she do a good britney impression? >> oh, she does a really good britney impression. >>

nickelodeon, mtv, comedy central, they're all good brands. have they reached the point of no return. america loves a second act. >> you mentioned acquisitions. when you were there, you actually talked to facebook at a time when they were not public. what was the offer that you gave them? >> we made an offer to facebook in 2005, this is a joke right now, for $750 million, with an earnout, if you can believe it, to mark zuckerberg. at that point in time their revenue was about $25 million. they turned us down. they turned down later yahoo! was in for $10 billion. microsoft was in for more than that. it's now worth 300 some odd billion dollars. let's not question mark zuckerberg's decision powers. >> is that the kind of acquisition you would like to see viacom make in terms of that space, that direction? >> well, it would be lovely if viacom would love to, if they could afford facebook. maybe they could figure out some closer arrangement with them. being more deeply involved in the various fears of digital, with the social networks, an important

earlier this month, nickelodeon president are announcing his this departure. >> via com including the networks and the creative side. i think you need continuity. i think in the human relationships, with people running the networks, and creatively on the air, are very important. >> with a ruling penaltying on the lawsuit challenging his removal from redstone's trust, there is no sign of upheaval in the management ranks, slowing any time soon. >> the lead independent director sending a letter to redstone yesterday imploring him for more transparency about his man's for the company and staying opposition to selling a stake in paramount is not in their best interests. it is under pressure because performance has been lagging. recent teenage mute ant ninja turtle sequel the falling slack. >> i think it is really on the. i think there is too much of a tendency for the actual engineering. >> with them battling over whether it should remain wholly owned by via com, they predict he could be out of a job within nine months. for "nightly business report," los angeles. >>> retailer bad beth & be

successful as it has been because it has one of the strong brands -- because it has the strong brands, nickelodeonand so on. their performance has fallen. the leadership has stopped pretending all things are rosy. they brought in new leadership to try and reinvigorate the brand. teenagers are spending a lot more time on youtube, on social media, on other devices. to spendnvinces them more time with cable networks. scarlet: national amusements control cbs as well. do we know if cbs has a little bit of unsettling drama as well? test: the assumption is cbs is stable. they have executed very effectively over the past several years. not been criticized publicly. there has been a lot of talk about cvs and fire being put back together again. privately't mean that conversations aren't happening. but for the moment they seem far more stable than viacom. bloomberg news in los angeles. closing the week in the red. the s&p 500 currently off by 1.25%. we will discuss all the factors next. scarlet: it is time for the bloomberg business flash, a look at the biggest business stories in the news. u.s. profiteers h

. >> everything from nickelodeon and the disney channel. >> there were a couple handsome young guys inumes. that got me through the '90s. i haven't had breakfast yet. >> lift up a glass to our lovely doris roberts. >> doris. >> the world lost a great one. >> i was at her memorial. i didn't realize how much doris had done. what an amazing career. they showed all of the wonderful clips from the beginning of her career. she was a true professional. >> wish we had time to talk about ray's nude orgy scene. >> that's better for a next time. the new season of "patricia heaton parties" saturday on the food >>> coming up, how two childhood sweethearts found each other after miles apart. >> was it a wait? [000:18:13;00] tick, with larger than life flavor, like colby- pepper jack and savory garlic & herb jack. you can nibble 'em, grab 'em, skewer 'em, pop 'em. you can call 'em big, bold, and brazen. real cheese people know better than to call them mild. new sargento snack bites, big flavor in a little bite

. >> is that in start what inspired you for your new show on nickelodeon.as we came across, 34 kids in total wean we will have 20 episodes, it just showed that, you know, everybody is a superhero in their own right. >> a see you this season on the gridiron, thanks so much for spending time with us and all the best with you going forward. take care. >> thank you so much, miss robin. >> you know he's from the south. all in with cam newton airs friday on nickelodeon. kick ball in the sixth grade. nothing better. >>> coming up, the hot dudes reading are here live. you heard me hot dudes reading here live. okay. ♪ i want >>> welcome back. it has been called the best thing to instagram since beyonce talking about hot dudes reading. of course, and now the wildly popular count has inspired a full-fledged book. some of its stars spent time with our mara schiavocampo strutting their literary stuff. >> reporter: hot dudes reading. a blazing instagram account gone viral. dedicated to capturing what say is a rarely seen phenomenon. >> did it ever occur to you that guys

. >> is that in part what inspired you for your new show on nickelodeon.and we will have 20 episodes, it just showed that, you know, everybody is a superhero in their own right. >> all right, cam newton. see you this season on the gridiron, thanks so much for spending time with us and all the best with you going forward. take care. >> thank you so much, miss robin. >> you know he's from the south. all in with cam newton airs friday on nickelodeon. kick ball in the sixth grade. nothing better. >>> coming up, the hot dudes reading are here live. you heard me, hot dudes reading here live. okay. ♪ i want some hot stuff baby this evening ♪ ♪ ♪ maxx life in store and online. find brands you love at prices that work as hard as you do. maxx life in store and online. ♪ i ♪ shining through rs ♪ i see your true colors ♪ and that's why i love you ♪ so don't be afraid ♪ to let them show ♪ your true colors ♪ true colors ♪ true colors ♪ are beautiful >>> welcome back. it has been called the best thing to instagram since beyonce talking about hot dudes reading. of course,

. >> you know everything from nickelodeon and the disney channel. >> there were a couple guys on theed kratz creatures. that got me through the '90s. >> you are so funny! >> by the way, i haven't had breakfast yet. i'm starting with crprosecco. >> let's lift up a glass for the lovely doris roberts. >> the world lost a great one. >> i was at her memorial and it was lovely. i hadn't realized how much doris had done. what an amazing career. they showed these clips from the beginning of her career and she was just a true professional. >> i wish we had time to talk about ray's nude orgy scene but that's for another -- >> that's better left unsaid. >> the new season of "patricia heaton parties premiers saturday on the food network." >> and sweethearts found each other after many, many years and miles apart. >> was it fate real cheese people know how to get big flavor out of each and every itsy, bitsy, little, bitty bite. new sargento snack bites, just 20 calories per stick, with larger than life flavor, like colby- pepper jack and savory garlic & herb jack. you can nibble 'em, grab 'em, sk

liz: john miller ran nickelodeon -- >> let me just make this point -- yes.looks unlikely. here's where it gets interesting, john miller people are saying will be or could be, likely to be the fallback candidate, because they're going to have hard time getting people like tom foresten who's been there and done that -- liz: why not les moonves? >> that's a huge operation. that's a possibility. i've heard that out there in the past. but remember, he'd be running cbs and viacom. he's going to give up cbs to run viacom? liz: why not? >> i wouldn't. are you kidding me? [laughter] liz: you know -- >> have you seen cbs' stock? liz: it looks very good. >> that's not a promotion. so that's where we are right now. again, miller, a former news corp. executive, ceo of aol. currently work ifs around if -- works for a firm run by shari redstone. the redstones have declined to comment, mr. miller did not return a phone call, but there you are. that's the sweet stakes. katzenburg, i'm hearing highly unlikely. no one really wants to get involved in what is obviously a mess. t

i saw that carolina panthers quarterback cam newton will star in a new nickelodeon show helping kidsve their lifelong dreams. or, almost achieve their lifelong dreams but then blow ithe [ laughter and applause ] >> steve: oh, hey. oh. >> jimmy: you know you liked that one. [ laughter ] hey, guys, i saw "the angry birds movie" comes out this weekend. yeah, they're saying the birds in the movie are angry because, mostly because the movie didn't come out two years ago. [ laughter and applause ] >> steve: really? really? [ light laughter ] >> jimmy: check this out. next "star wars" movie currently filming in ireland. you can tell they're filming "star wars" in ireland when darth vader is, "luke, i am your father and her father and his father and his father, too. these children over here, we had a thing." [ laughter and applause ] this is interesting here. i read that the u.s. currently has the largest number of older workers in history, with 12% saying they don't ever plan on retiring. yeah. here's what a few of them had to say about it. first worker said, "you don't just stop being a fo

or the nickelodeon splat. [ laughter ] as for "the washington post," we here at "late night" believeeedom of the press and, therefore, have decided to stand in solidarity with them. so as long as "the washington post" is banned from donald trump's campaign, donald trump will be banned from ever coming on this show. you missed out, buddy. we could have gone to coney island and ridden the cyclone in a segment we would've called "will his hair move?" [ laughter ] we could've double-dutched while talking about the day's news in "trump's jumps." [ light laughter ] or better still, we could of driven around together while you yelled out the window at immigrants in "carpool scaryoke." [ light laughter ] although to be fair, he wasn't coming on anyway, let's be honest. he had no interest in being here. trump's comments on money were especially jarring when you consider that just last week the republican officials supporting him had expressed hope that he would soften his incendiary rhetoric and stick to the gop message. so how is trump doing? >> how does this kind of immigration make our liv

their cable business, nickelodeon and mtv, they has the declines over the last couple years, which hasiness. and then paramount studios has been on a losing streak over the last couple years. the this year, one of biggest movies to lead off the summer, "teenage mutant ninja turtles," that caused the company to cut its profits for the year. everywhere you look, there is fundamental problems and that is exacerbated by the turmoil with the executives. guy: is the top affecting the bottom? is it poorer market performance because of this? >> the poor performance of the company has given a lot of fuel to the critics of the board. had takenrry redstone the underperformance by the company as an opening for herself to come in and rearrange the board, the company that controls viacom. it has given her some fuel. now we have a very unsettled situation at bviacom. guy: the polls are open in the u.k. great coverage coming up tomorrow. ♪ anna: britain votes in polling stations are open across the u.k. u.s. futures and european equities are higher. the pound strengthens and we bring you extra asset c

and that show was televised on nickelodeon, b.e.t., vh1, 12 different networks. of people that aren't used to the jesse williams experience some of the ways my peers and i are. he pull node punches. he called out capitalism, took hollywood industry peers to the wood shed for their lack of activism or refuse yl or inability to speak up about issues of race while calling out white supremacy and gave a special acknowledgement to black women. which is something that doesn't often happen in spaces like this. >> yeah. what was your reaction to that when he touched on black women and what they've been through? >> it absolutely brought a tear to my eye and in the time that i followed jesse and read his words, he has always made a point to speak to the ways that black women have done the emotional economic physical labor of, not just social movement, but in our community, churches, homes. and that something that women like myself and i can, you know, say 24 hours a day, but it does take on a different amount of meaning when someone with his platform and access uses that s

why not nickelodeon and a couple of other brands, try build them.hy not try to do that? if you are google and you want to be in tv, why not use that as a beach head. >> sometimes hard to argue against the hypotheticals of silicon valley swooping in and saving the media bundle. i don't think apple or google have shown any evidence to license media content or own. yeah they have a lot of cash. but culturally silicon valley's dna is to build a platform that aggregates traffic and distribution. it is not to marry themselves to one vertical within media content. it is really more about the consumer interface t convenience and direct to consumer aspect of what they do. if i'm apple i don't know. it really -- >> real quick before we end this. help us handicap what you think would happen in or could happen in court because as the fascinating behind the scenes drama. is it possible philippe demon could win is this. >> i'm not a lawyer. it is possible what they have done will not hold up in court. nai is national aamusements, inc. which he owns and controls a

beenidespread exposure had in a nickelodeon show. more that profile in the style section of the "new york times" today. a bernie sanders supporter, hello. caller: hello. i have been following bernie for quite some time. and i noticed that those who don't follow him, they think that he was sitting on the back bench of congress. but he has been working for the american people for a very long time if you follow his history. but no one has been listening until he challenged the most famous woman in the entire world. he is not a coward to do this. he needed the support. who supported he get? it was a young people that are in trouble. that are drowning in debt, and they don't see an end to it. he stepped up to the plate when not one democrat would do with. they were terrified of the clinton machine. and they would not do it. he was brave. he was courageous. he is talking to the people who need him. clinton, that want a they are behind. she is a neocon. she is a republican and supported by the banks. that is who she is. host: let me ask you