Viacom weighs selling minority stake in Paramount film unit

Viacom Inc is considering selling a "significant" minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday, sparking a brief rally in the media company's shares. Viacom has been approached by several strategic investors and has retained PJT Partners as its financial adviser, Dauman said at a media conference. Dauman, who took over from 92-year-old majority-owner Sumner Redstone as executive chairman earlier this month, has faced criticism of his lead