- Viacom (VIAB) beats profit estimates for its FQ4 as it reports strong results across its business units.
- Segment revenue growth: Media Networks +7% on rate increases in global and domestic markets; Filmed Entertainment +11% driven by release of World War Z.
- The company says its accelerated pace of revenue helped to offset increased programming and corporate expenses. (PR)
Viacom grows sales faster than expenses rise in FQ4
Nov 14 2013, 07:05 ET