Exhibit 12

VIACOM INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENTS
(Tabular dollars in millions except ratios)

		Twelve Months Ended December 31,
		2004			2003		2002		2001		2000
Earnings (loss) before income taxes		$	(13,655.0	)	$	3,739.4	$	3,420.9	$	1,073.2	$	592.4
Add:
	Distributions from affiliated companies		28.9			37.7		39.7		55.6		48.3
	Interest expense, net of capitalized interest		744.4			774.9		847.2		968.6		821.8
	Capitalized interest amortized		—			—		—		—		2.2
	1/3 of rental expense		158.9			146.4		141.2		170.7		124.9
Total Earnings (loss)		$	(12,722.8	)	$	4,698.4	$	4,449.0	$	2,268.1	$	1,589.6
Fixed charges:
	Interest expense, net of capitalized interest	$	744.4		$	774.9	$	847.2	$	968.6	$	821.8
	1/3 of rental expense		158.9			146.4		141.2		170.7		124.9
Total fixed charges		$	903.3		$	921.3	$	988.4	$	1,139.3	$	946.7
Preferred Stock dividend requirements			—			—		—		—		—
Total fixed charges and Preferred Stock dividend requirements		$	903.3		$	921.3	$	988.4	$	1,139.3	$	946.7
Ratio of earnings to fixed charges			Note a			5.1x		4.5x		2.0x		1.7x
Ratio of earnings to combined fixed charges and Preferred Stock dividend requirements			Note a			5.1x		4.5x		2.0x		1.7x

Note:

(a)

Earnings are inadequate to cover fixed charges due to the 2004 non-cash impairment charge of $18.0 billion. The dollar amount of the cover deficiency is $13.6 billion in 2004.