Viacom Statement on Introduction of Senate Bill to Combat Online Infringement

Viacom Statement on Introduction of Senate Bill to Combat Online Infringement

NEW YORK, Sept. 20 /PRNewswire/ -- Viacom Inc. President and Chief Executive Officer Philippe Dauman issued the following statement regarding the introduction of the bipartisan "Combating Online Infringement and Counterfeits Act":

"The film and television industries are responsible for millions of U.S. jobs and tens of billions in wages to American workers. However, businesses hiding offshore are generating large profits from global theft of intellectual property in digital form, threatening our nation's prosperity and one of its most vital exports. The bipartisan legislation introduced today by Senators Leahy, Hatch and eight other original cosponsors provides necessary authority and flexibility for the Department of Justice to keep pace with the complexities of fighting digital theft. This bill is an important step forward to help curb rampant piracy here and abroad, and protect American jobs. We look forward to working with the Senate and House Judiciary Committees and Congressional leadership on its passage."

SOURCE Viacom Inc.

Viacom Inc.

CONTACT: Jeremy Zweig of Viacom, +1-212-846-7503, Jeremy.zweig@viacom.com

Web Site: http://www.viacom.com

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