UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
______________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
APRIL 22, 2003
VIACOM INC.
________________________________________
(Exact name of registrant as
specified in its charter)
Delaware 1-9553 04-2949533
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(State or other Commission (IRS Employer
jurisdiction File Number Identification
of incorporation) Number)
1515 Broadway, New York, NY 10036
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(Address of principal executive offices) (Zip Code)
(212) 258-6000
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(Registrant's telephone number, including area code)
Item 5. Other Events
------------
On April 22, 2003, Viacom Inc. ("Viacom" or the
"Registrant") announced that it had agreed to acquire from
AOL Time Warner Inc. ("AOL") the remaining 50% partnership
interest of Comedy Partners, a New York general partnership
("Comedy Partners"), that it does not already own for $1.225
billion in cash. Comedy Partners, which operates the cable
channel Comedy Central, is currently a joint venture between
wholly-owned subsidiaries of Viacom and AOL.
The acquisition is expected to close in the second
quarter of 2003, and is subject to the expiration of
antitrust waiting periods.
A copy of the press release issued by Viacom dated
April 22, 2003 relating to the above-described transaction is
attached hereto as Exhibit 99.
Item 7. Financial Statements and Exhibits
---------------------------------
(c) Exhibits
Exhibit No.
99 Press release issued by the Registrant dated April 22,
2003.
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
VIACOM INC.
(Registrant)
By: /s/ Michael D. Fricklas
---------------------------
Michael D. Fricklas
Executive Vice President,
General Counsel
and Secretary
Date: April 22, 2003
EXHIBIT INDEX
99 Press release issued by the Registrant dated April 22,
2003.