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): March 20, 2003
VIACOM INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-9553 04-2949533
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of incorporation) Identification Number)
1515 Broadway, New York, New York 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 258-6000
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Item 5. Other Events.
On March 20, 2003, the Registrant announced that it has entered into
new employment agreements with Sumner M. Redstone, Chairman and Chief Executive
Officer, and Mel Karmazin, President and Chief Operating Officer. The agreements
with Mr. Redstone and Mr. Karmazin are attached hereto as Exhibit 10.1 and
Exhibit 10.2, respectively, and are incorporated herein in their entirety. A
copy of the press release announcing the entry into the agreements is attached
hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
10.1 Employment Letter Agreement, dated March 20, 2003, between Viacom Inc.
and Sumner M. Redstone
10.2 Employment Letter Agreement, dated March 20, 2003, between Viacom Inc.
and Mel Karmazin
99.1 Press release dated March 20, 2003 announcing entry into employment
agreements with Sumner M. Redstone and Mel Karmazin
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.
Date: March 20, 2003 By: /s/ MICHAEL D. FRICKLAS
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Name: Michael D. Fricklas
Title: Executive Vice President, General
Counsel and Secretary
EXHIBIT INDEX
Exhibit No. Description
10.1 Employment Letter Agreement, dated March 20, 2003, between
Viacom Inc. and Sumner M. Redstone
10.2 Employment Letter Agreement, dated March 20, 2003, between
Viacom Inc. and Mel Karmazin
99.1 Press release dated March 20, 2003 announcing entry into
employment agreements with Sumner M. Redstone and Mel Karmazin