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Report: Viacom tweaks Nickelodeon leadership, cuts 100 jobs

Viacom Inc. expanded the role of Sarah Levy, COO of its global entertainment group, to include oversight of operations and strategy for Nickelodeon (US) and BET (US), The Wall Street Journal reported Feb. 6, citing sources.

Viacom on Feb. 6 also cut about 100 jobs as part of its efforts to save $100 million in costs, according to the report.

Levy will reportedly share the oversight with Nickelodeon President Cyma Zarghami, who is nearing the end of her contract with the company. According to the Journal, people close to Zarghami and Viacom are unsure whether she will ultimately stay on with Viacom.