ributes theatrical motion pictures and television programming.
Through the Video and Music/Theme Parks segment, which includes the Blockbuster family of businesses and Paramount Parks the company owns, operates and franchises videocassette rental and sales stores worldwide and owns and operates music stores in the U.S. In addition, Paramount Parks owns and operates five theme parks and one water park in the U.S. and Canada (10-K, 1997, 1).
Through the Publishing segment that includes Simon & Schuster, Macmillan Publishing USA, and Prentice Hall, the company publishes and distributes educational, consumer, business, technical and professional books, and audio-video software products in 300 countries. Viacom and its affiliated companies some 3,000 in number -- employ approximately 83,500 people, of which approximately 33,000 are full-time salaried employees (10-K, 1997, 4).
Viacom owns businesses many countries. These include: Argentina, Ecuador, Peru, Brazil, Chile, Mexico, Guatemala, Canada, England, France, Italy, Germany, China, Japan, Korea, Australia, Egypt, Greece, Iceland, Russia, Georgia, Taiwan, Saudi Arabia, and 67 other countries.
This proposed investment is to establish a series of Space Camp Theme Parks in Malaysia, the first in the Asian market. The investment will require a joint venture with the government of Malaysia, with that government providing the land and infrastructure including roads, sanitation and liens. Viacom's part will be a $150 million investment which will include license agreements with NASA, purchase and transportation of all space equipment, amusement rides and so on.
The Federation of Malaysia has 13 states: Sabah, Sarawak, and the 11 states of Peninsular Malaysia. These are: the nine sultanates of Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Perlis, Selangor, and Terengganu, plus Melaka and Pulau Pinang (Penang). The Federation includes the Federal Territo...