UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 ----------------------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): MAY 15, 2002 VIACOM INC. -------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-9553 04-2949533 --------- --------- ----------- (State or other Commission (IRS Employer jurisdiction File Number Identification of incorporation) Number) 1515 Broadway, New York, NY 10036 --------------------------------------- (Address of principal executive offices) (Zip Code) (212) 258-6000 --------------- (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS ------------- On May 15, 2002, the Registrant announced that it had completed its acquisition of the assets of KCAL-TV from Young Broadcasting Inc. for $650 million in cash. The acquisition of KCAL-TV gives Viacom its second owned and operated station in Los Angeles, the second-largest television broadcast market in the United States. The acquisition brings to eight the number of major markets in which Viacom will own two television broadcast stations, including San Francisco, Philadelphia, Boston, Dallas, Detroit, Miami, and Pittsburgh. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VIACOM INC. (Registrant) By: /s/ Michael D. Fricklas ------------------------- Michael D. Fricklas Executive Vice President, General Counsel and Secretary Date: May 16, 2002