Viacom Inc. (Viacom) is an entertainment content company that connects with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. The Company operates in two segments: Media Networks and Filmed Entertainment. The Company's Media Networks segment provides entertainment content and related branded products for consumers in targeted demographics attractive to advertisers, content distributors and retailers. The Company's Filmed Entertainment segment produces finances and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands. In September 2013, Telecom Italia Media SpA announced that the sale of the 51% stake of MTV Italia Srl to Viacom Inc. has been completed.