Viacom grows sales faster than expenses rise in FQ4

|About: Viacom Inc. (VIAB)|By:, SA News Editor

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)