UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________
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 23, 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 Identification
of incorporation Number 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 9. Regulation FD Disclosure (and information furnished
under Item 12)
The following information is furnished pursuant to Item
9, "Regulation FD Disclosure" and Item 12, "Results of
Operations and Financial Condition."
Beginning January 1, 2003, the Registrant operates
Infinity as two segments, Radio and Outdoor. The Registrant
is disclosing 2002 quarterly financial information relating to
such businesses to conform with the current presentation of the
Radio and Outdoor segments. A copy of such information is
attached hereto as Exhibit 99, is incorporated by reference
herein in its entirety and is being made available in the
Shareholder section of the Registrant's website at
www.viacom.com.
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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 23, 2003
Exhibit Index
99 Information disclosed by the Registrant regarding
its Radio and Outdoor businesses.
Radio and Outdoor
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2002 Financial
Information
(Dollars in millions)
Three Months Ended, Year Ended
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March 31, June 30, September December December 31,
RADIO 30, 31, 2002
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Revenues $ 451.3 $ 565.8 $ 539.2 $ 565.3 $ 2,121.6
Operating Income $ 189.7 $ 278.9 $ 259.0 $ 280.0 $ 1,007.6
Depreciation &
Amortization $ 7.8 $ 8.2 $ 7.4 $ 7.4 $ 30.8
EBITDA (1) $ 197.5 $ 287.1 $ 266.4 $ 287.4 $ 1,038.4
OUTDOOR
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Revenues $ 348.2 $ 423.3 $ 429.0 $ 433.0 $ 1,633.5
Operating Income $ 25.6 $ 71.5 $ 63.0 $ 57.9 $ 218.0
Depreciation &
Amortization $ 50.9 $ 50.6 $ 51.2 $ 52.9 $ 205.6
EBITDA (1) $ 76.5 $ 122.1 $ 114.2 $ 110.8 $ 423.6
(1) EBITDA is defined as operating income before depreciation and amortization