Is Netflix (NFLX) taking a toll on Viacom's (VIA, VIA.B) Nickelodeon unit? Multiple analysts...

|By:, SA News Editor

Is Netflix (NFLX) taking a toll on Viacom's (VIA, VIA.B) Nickelodeon unit? Multiple analysts think so, after slumping ratings for the kids TV channel, whose older shows are streamed on Netflix, contributed to an FQ1 earnings decline. However, CEO Philippe Dauman claims there hasn't been a large increase in the Netflix streaming of Nickelodeon shows, and blames the ratings drop on Nielsen's methodology. (earlier)