Viacom admits that the Internet is causing it a slow death

Blaming the Internet is something we’ve long ago come to expect from entertainment companies but, at least in this instance, these accusations have some validity to them. According to Viacom, the Internet has changed the way people watch television an, as such, many of the company’s shows simply aren’t as valuable as they used to be and the company is firing a lot of people to balance the scales.