Paramount Pictures Chief Executive Brad Grey and his team received a vote of confidence from parent company Viacom Inc. and its board of directors, a day after explaining the studio’s current woes and presenting a plan to revive it after a recent losing streak at the box office. In a statement Friday, Viacom Vice Chairman Shari Redstone, interim Chief Executive Tom Dooley and the rest of the board said they “remain fully supportive...

Source: Wall Street Journal August 26, 2016 19:38 UTC