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Viacom Inc. (VIA)

  • Thu, Jan. 29, 10:14 AM
    • Viacom (VIA,VIAB) beat bottom-line expectations in fiscal Q1 though missing slightly on revenues. Segment breakdowns: Media Networks revenue of $2.65B up 4.4% Y/Y (higher affiliate fees and ad revenues); Filmed Entertainment revenue of $720M up 5.7% Y/Y.
    • Adjusted operating income of $1.1B in Media Networks was off 1% due to higher programming costs; Filmed Entertainment had an adjusted operating loss of $60M (19% better than last year) as revenues helped to offset higher film/distribution expense.
    • Previous release Teenage Mutant Ninja Turtles continued strong contributions to current-quarter film releases. Theatrical revenues up 6% and home entertainment revenues (two releases compared to none the prior year) up 16%.
    • After repurchasing about $750M in shares in fiscal Q1, Viacom had $5.62B remaining in a $20B buyback program.
    • Shares: (VIA -1.1%), (VIAB -1%)
    • Previously: Viacom beats by $0.01, misses on revenue (Jan. 29 2015)
    • Press release
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  • Thu, Jan. 29, 6:53 AM
    • Viacom (NASDAQ:VIA): FQ1 EPS of $1.29 beats by $0.02.
    • Revenue of $3.34B (+4.4% Y/Y) misses by $20M.
    • Press Release
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  • Aug. 6, 2014, 7:47 AM
    • Viacom (VIA, VIAB) reports lower revenue than a year ago in FQ3 as its film slate was lighter during the quarter.
    • Worldwide home entertainment revenues was off 24%.
    • Segment revenue growth: Media Networks +1% to $2.59B; Filmed Entertainment -26% to $856M.
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  • May. 1, 2014, 7:15 AM
    • Viacom (VIA, VIAB) reports a 6% gain in revenue during FQ2 for its Media Networks segment to $2.375B, led by higher affiliate fees.
    • The Filmed Entertainment segment saw a 12% drop to $831M during the quarter. The company's slate of international movie releases was light.
    • Viacom says it returned $2B to investors through buybacks and dividends in the first half of FY14.
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  • Jan. 30, 2014, 7:02 AM
    • 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)
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  • Apr. 22, 2013, 5:37 PM
    Netflix (NFLX) is rolling out an $11.99/month family plan for subs who want access to 4 streams at once (up from a current limit of 2). Also, Netflix says it will let a deal with Viacom (VIA) that covers Nickelodeon, BET, and MTV content expire in May, but is in talks to license "particular shows." Domestic streaming's contribution margin rose to 20.6% from Q4's 19.6% and Q1 2012's 14.3%, while domestic DVD's profit fell $15M Q/Q to $113M. International streaming had a $77M loss, down from Q4's $105M. Q2 sub add forecasts: 200K-850K for domestic streaming (down from Q1's 2.02M), 150-750K for international (down from Q1's 1.02M). (more) (shareholder letter)
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  • Nov. 10, 2011, 9:56 AM
    More on Viacom (VIA.B) FQ4: Net income triples to $576M. Revs at the TV ops +7.7% to $2.29B, but ad growth slows from FQ3. Sales at Paramount +46% to $1.79B, boosted by the latest "Transformers" film. Raises stock buyback by $6B to $10B and declares a dividend of $0.25/share. Shares +0.6%. (PR)
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  • Aug. 5, 2011, 7:32 AM
    More on Viacom's (VIA) Q2 report: Worldwide advertising revenue $1.28B (+14% Y/Y). Theatrical revenue $588M (-9% Y/Y). Worldwide affiliate revenue $971M (+19% Y/Y). $2.18B untapped in firm's $4B stock repurchase plan. Execs point to global growth by "expanding our reach through new international and digital distribution." (PR)
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  • Aug. 5, 2011, 7:27 AM
    Viacom, Inc (VIA): FQ3 EPS of $0.99 beats by $0.14. Revenue of $3.77B (+15% Y/Y). (PR)
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Company Description
Viacom Inc is an entertainment content company. It connects with audiences in 165 countries and territories and creates television programs, motion pictures, applications, games, consumer products, social media & other entertainment content.
Sector: Services
Industry: CATV Systems
Country: United States