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Viacom to launch Paramount Network in UK

Viacom Inc. is bringing Paramount Network to the U.Okay., the company announced Friday, bringing a suite of U.S. displays together with "Suits" and Kiefer Sutherland's "Designated Survivor." The channel, which launches on July 4 within the U.Okay. on Freeview, Sky, BT and TalkTalk, shall be overseen by means of Channel five director of programming Ben Frow. This will be the third Paramount Network rollout after the U.S. and Spain. Shares of Viacom VIAB, +zero.54% are down 10.1% up to now this 12 months, while the S&P 500 [s:SPX] is up 3.five%.