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79Confidential | For Discussion Purposes SpringOwl's 99 Page Presentation On Turning Around Viacom

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79Confidential | For Discussion Purposes Only |
 Step 1: Sumner Redstone to Step Down As Chair
 Step 2: Refreshed Board and new Active Chairman
 Step 3: New Viacom Leadership
 Step 4: Explore Alibaba Pictures/Amazon Investment Into Paramount
 Step 5: Explore AMC Asset Merger
 Step 6: Conduct a Strategic Assessment of Assets
 Step 7: Massive Operating Expense Reduction
 Step 8: Spearhead New Push Into Digital / OTT
 Step 9: New Hit Shows Coming From Transformed Creative Culture at Company
Proposed Plan For Revitalizing Viacom’s Culture
& Stock Price
79Source: SpringOwl Asset Management LLC

Published in: Business
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