FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *
Robinson Carole
2. Issuer Name and Ticker or Trading Symbol
New Viacom Corp. [VIA, VIAB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Corporate Relations
(Last)
(First)
(Middle)

1515 BROADWAY
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2005
(Street)

NEW YORK, NY 10036
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)

__X__ Form Filed by One Reporting Person
_____ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code (Instr. 8)

4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

Amount

(A) or (D)

Price

Class A Common Stock

12/31/2005 A 288A (1) 288D

 

Class B Common Stock

12/31/2005 A 1,025A (2) 1,025I

By 401(k)



Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class B Phantom Common Stock Units (3)

(4) 12/31/2005 A 117   (4)   (4)

Class B Common Stock

117 (4) 117D

 

Employee Stock Option (Right to Buy) (5)

$22.073701/03/2006 A 2,114   (6) 08/01/2006

Class B Common Stock

2,114 (7) 2,114D

 

Employee Stock Option (Right to Buy) (5)

$19.235601/03/2006 A 11,892   (6) 08/01/2007

Class B Common Stock

11,892 (7) 11,892D

 

Employee Stock Option (Right to Buy) (5)

$52.897901/03/2006 A 15,856   (6) 08/01/2009

Class B Common Stock

15,856 (7) 15,856D

 

Employee Stock Option (Right to Buy) (5)

$69.626501/03/2006 A 15,856   (6) 01/31/2011

Class B Common Stock

15,856 (7) 15,856D

 

Employee Stock Option (Right to Buy) (5)

$47.149301/03/2006 A 13,874   (8) 01/26/2013

Class B Common Stock

13,874 (7) 13,874D

 

Employee Stock Option (Right to Buy) (5)

$47.149301/03/2006 A 21,339   (8) 01/26/2013

Class B Common Stock

21,339 (7) 35,213D

 

Employee Stock Option (Right to Buy) (5)

$49.608901/03/2006 A 17,838   (6) 01/29/2013

Class B Common Stock

17,838 (7) 17,838D

 

Employee Stock Option (Right to Buy) (5)

$50.945901/03/2006 A 19,820   (6) 01/28/2014

Class B Common Stock

19,820 (7) 19,820D

 

Emplyee Stock Option (Right to Buy) (5)

$49.823301/03/2006 A 17,838   (6) 01/30/2012

Class B Common Stock

17,838 (7) 17,838D

 

Restricted Stock Units (9) (10)

(9) 01/03/2006 A 2,477   (9)   (9)

Class B Common Stock

2,477 (11) 2,477D

 

Restricted Stock Units (9) (10)

(9) 01/03/2006 A 3,885   (9)   (9)

Class B Common Stock

3,885 (11) 6,362D

 


Explanation of Responses:

Acquired pursuant to a merger between the former Viacom Inc. (now known as CBS Corporation) and Viacom Merger Sub Inc. (the Merger), in which each share of Viacom Class A common stock was exchanged for 0.5 shares of CBS Corporation Class A common stock and 0.5 shares of the Issuer's Class A common stock, with fractional shares paid in cash. On January 3, 2006, the first business day following the effective time of the Merger, the opening price of the Issuer's Class A common stock on the New York Stock Exchange was $40.00 per share. The Issuer changed its name from New Viacom Corp. to Viacom Inc. upon completion of the Merger.

Acquired pursuant to a merger between the former Viacom Inc. (now known as CBS Corporation) and Viacom Merger Sub Inc. (the Merger), in which each share of Viacom Class B common stock was exchanged for 0.5 shares of CBS Corporation Class B common stock and 0.5 shares of the Issuer's Class B common stock, with fractional shares paid in cash. On January 3, 2006, the first business day following the effective time of the Merger, the opening price of the Issuer's Class B common stock on the New York Stock Exchange was $41.12 per share. The Issuer changed its name from New Viacom Corp. to Viacom Inc. upon completion of the Merger.

Phantom Common Stock Units are payable in cash following the Reporting Person's retirement or other termination of service pursuant to the Viacom Excess 401(k) Plan for Designated Senior Executives. Each Viacom Class A Phantom Common Stock Unit is the economic equivalent of one share of the Issuer's Class A common stock and each Viacom Class B Phantom Common Stock Unit is the economic equivalent of one share of the Issuer's Class B common stock.

In the Merger, each share of Viacom Class B Phantom common stock was deemed exchanged for 0.5 shares of CBS Corporation Class B Phantom common stock and 0.5 shares of the Issuer's Class B Phantom common stock. On January 3, 2006, the first business day following the effective time of the Merger, the opening price of the Issuer's Class B common stock on the New York Stock Exchange was $41.12 per share.

Right to buy under the Viacom Inc. 2006 Long-Term Management Incentive Plan.

Current.

In the Merger, each grant of stock options to purchase Viacom Class B common stock was converted into a number of stock options to purchase the Issuer's Class B common stock determined by multiplying the number of outstanding stock options included in the grant before the Merger by 0.792802. The per share exercise price of the converted stock option was determined by dividing the pre-Merger exercise price by 0.792802.

These options vest annually in four equal installments beginning on January 26, 2006.

Each Restricted Stock Unit is the economic equivalent of one share of the Issuer's Class B common stock. The Restricted Stock Units will vest in four equal annual installments beginning on January 26, 2006 and will be settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock upon vesting.

Granted under the Viacom Inc. 2006 Long-Term Management Incentive Plan.

In the Merger, each grant of Restricted Stock Units of Viacom Class B common stock was converted into a number of Restricted Stock Units of the Issuer's Class B common stock determined by multiplying the number of Restricted Stock Units included in the grant before the Merger by 0.792802.



Signatures

By: Michael D. Fricklas, Attorney-in-Fact

01/04/2006
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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