VIACOM LOOKING TO STRENGTEN ITS BRAND NAME?
Published February 13, 1995
Viacom is looking to "strengthen its corporate image by leveraging Viacom as a brand halo over its high-profile entertainment and retail properties, a la Disney," according to this week's AD AGE. Viacom execs have been "informally soliticing ideas" from many major ad agencies. Sources say that Viacom "has been increasingly slapping its name on majority-owned subsidiaries like Paramount and merging merchandising and licensing operations under the Viacom name" (Warneford & McCarthy, AD AGE, 2/13 issue)....In a piece called "Chips Off The Block," NEWSWEEK looks at the Viacom/Blockbuster relationship, adding that Blockbuster is "one of marketing's great success stories, but competition and some legal woes may tarnish its otherwise bright future" (Jonnie Roberts, NEWSWEEK, 2/20 issue)....Sunday's CHICAGO TRIBUNE features a profile of Viacom as a "Media Monopoly in the Making" (Tim Jones, CHICAGO TRIBUNE, 2/12).