New York, May 23, 2016 -- Moody's Investors Service said that Viacom Inc.'s ("Viacom") Baa2 senior unsecured long term debt rating and the stable outlook are not expected to be impacted by the recently announced change of National Amusement Inc.'s ("NAI") trustees. Mr. Sumner Redstone holds a controlling interest in Viacom and CBS Corporation ("CBS" -- Baa2/Stable) through NAI, which will be controlled by a group of trustees after Mr. Redstone dies or is declared incompetent. Mr. Redstone recently removed Mr. Philippe Dauman, Viacom's Chairman and CEO, and Viacom's board member George Abrams from the trust that will control Viacom and CBS.
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