NEW YORK, Nov. 11, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market, Inc. (Nasdaq:NDAQ) today announced that Viacom Inc. will voluntarily transfer its stock exchange listing from The New York Stock Exchange to the NASDAQ Global Select Market effective December 1, 2011. Viacom is one of the world's leading entertainment content companies, with media networks including BET, MTV, VH1, Nickelodeon and COMEDY CENTRAL. Viacom is also home to Paramount Pictures.
Viacom common shares will begin trading on the NASDAQ Global Select Market on December 1, 2011. Viacom's Class A common stock will trade on NASDAQ under the symbol "VIA" and its Class B common stock will trade under the symbol "VIAB."
"Since its inception, NASDAQ has celebrated creativity and innovation in all of its forms and has been home to many of the world's most influential companies," said Bruce Aust, Executive Vice President, NASDAQ OMX Corporate Client Group. "Viacom truly embodies the inventive and unique spirit that is characteristic of NASDAQ-listed companies with its beloved media networks and motion picture company, and continues to push the boundaries on producing and distributing compelling content through its large portfolio of digital media experiences. We are thrilled to welcome Viacom to the NASDAQ family."
Viacom is home to the world's premier entertainment brands that connect audiences with content across television, motion picture, online and mobile platforms in more than 160 countries and territories. With approximately 160 media networks reaching approximately 700 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, Spike TV and Tr3s. Paramount Pictures, America's oldest film studio and creator of many of the most successful motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom also operates many of the world's most popular properties for entertainment, community and casual online gaming through its branded digital media experiences.
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