Viacom expects to exceed its goal of $500mln in digital revenue this year as it continues to increase its Web presence, CEO Philippe Dauman told a Deutsche Bank conference Mon. Dauman was also upbeat on VOD advertising, saying that cable operators are adding functionality that will allow the effective monetization of VOD. "From the cable operators I’ve talked to, they expect to have that in the next year or so," he said. In addition, he said Viacom’s separation from CBS has benefited cable relations now that the retrans issue no longer looms over everything: "That source of tension has totally disappeared."

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On the Hill

House Commerce will hold a committee organizational meeting on Tuesday at 1pm, where it will announce

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