1339947--2/11/2010--Viacom_Inc.

related topics
{capital, credit, financial}
{investment, property, distribution}
{condition, economic, financial}
{stock, price, operating}
{regulation, change, law}
{product, market, service}
{cost, operation, labor}
{stock, price, share}
{competitive, industry, competition}
{personnel, key, retain}
{operation, international, foreign}
Our Success is Dependent upon Audience Acceptance of our Brands, Programming, Motion Pictures, Games and Other Entertainment Content, which is Difficult to Predict Changes in Advertising Markets Could Cause Our Revenues and Operating Results to Decline Significantly in Any Given Period or in Specific Markets Global Economic Conditions May Continue to Have an Adverse Effect on Our Businesses Our Businesses Operate in Highly Competitive Industries Theft of Our Entertainment Content, Including Digital Copyright Theft and Other Unauthorized Exhibitions of Our Content, May Decrease Revenue Received from Our Programming and Motion Pictures and Adversely Affect Our Business and Profitability We Must Respond to and Capitalize on Rapid Changes in Consumer Behavior Resulting from New Technologies and Distribution Platforms in Order to Remain Competitive and Exploit New Opportunities Increased Costs for Programming, Motion Pictures and Other Content, as Well as Judgments We Make on the Potential Performance of our Content, May Adversely Affect Our Profits and Balance Sheet Our Revenues, Expenses and Operating Results May Vary Based on the Timing, Mix, Number and Availability of Our Motion Pictures and on Seasonal Factors Changes in U.S. or Foreign Communications Laws, Laws Affecting Intellectual Property Rights or Other Regulations May Have an Adverse Effect on Our Business Our Video Game Business Has a Short Operating History and is Subject to Additional Risks Changes to our Business Could Result in Future Costs or Charges The Loss of Affiliation Agreements, or Renewal on Less Favorable Terms, Could Cause Our Revenues to Decline in Any Given Period or in Specific Markets The Loss of Key Talent Could Disrupt Our Business and Adversely Affect Our Revenues We Could Be Adversely Affected by Strikes and Other Union Activity Political and Economic Risks in the Countries Where We Do Business Could Harm Our Financial Condition The Failure or Destruction of Satellites and Facilities that We Depend Upon to Distribute Our Programming Could Adversely Affect Our Business and Results of Operations Our Obligations Related to Guarantees, Litigation and Joint Ventures Could Adversely Impact Our Financial Condition Sales of Additional Shares of Common Stock by National Amusements Could Adversely Affect the Stock Price Through NAI s Voting Control of Viacom and CBS Corporation, Certain Members of Management, Directors and Stockholders May Face Actual or Potential Conflicts of Interest, and NAI is in a Position to Control Actions that Require Stockholder Approval We, NAI and CBS Corporation, and our Respective Businesses, Are Attributable to Each Other for Certain Regulatory Purposes Which May Limit Business Opportunities or Impose Additional Costs

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