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                                  Exhibit 99.2
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                       VIACOM COMPLETES MERGER OF SPELLING


New York, NY, June 24, 1999 - Viacom Inc. (NYSE: VIA, VIA.B) announced today
that it completed the acquisition of Spelling Entertainment Group Inc. (NYSE,
PSE: SP) through a merger of Spelling and a wholly owned subsidiary of Viacom on
June 23. As a result of the merger, Viacom owns 100% of Spelling and Spelling's
shares have been delisted from the New York and Pacific Stock Exchanges.

The merger was previously approved by the Boards of Directors of Viacom and
Spelling. As a result of the merger, each share of Spelling common stock was
converted into the right to receive $9.75 in cash, subject to dissenters'
rights.

Spelling Entertainment Group Inc. is a leading producer and distributor of
television and film entertainment and comprises Spelling Television, Big Ticket
Television, Worldvision Enterprises and Hamilton Projects. The Company is one of
the largest producers of television programming and, through its combined
libraries, controls approximately 10,000 hours of programming for worldwide
distribution.

Viacom Inc. is one of the world's largest entertainment companies and is a
leading force in nearly every segment of the international media marketplace.
The operations of Viacom include Blockbuster, MTV Networks, Paramount Pictures,
Paramount Television, Paramount Parks, Showtime Networks, Simon & Schuster, 19
television stations, and movie screens in 12 countries. Viacom also owns
half-interests in Comedy Central, UPN and UCI. National Amusements, Inc., a
closely held corporation which operates approximately 1,300 screens in the U.S.,
the U.K. and South America, is the parent company of Viacom. More information
about Viacom is available at the Company's Web site located at
http://www.viacom.com.



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Contact:
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Susan Duffy
(212) 258-6347