More on Viacom's FQ1

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

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.

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