- Viacom (VIA, VIAB) saw its quarterly profit increase in FQ1 on a steady revenue gain.
- The company saw revenue in its Media Networks segment rise 6% to $2.54B, led by higher affiliate fees and advertising revenues.
- Filmed Entertainment revenue fell 30% to $681M with fewer movie releases during the period.
- PR (.pdf)
at CNBC.com (Thu, 1:18PM)