Viacom posts 20 pct increase in fiscal 3rd-qtr net income helped by higher affiliate fees

NEW YORK — Viacom Inc. says its fiscal third-quarter net income rose 20 percent, boosted by higher affiliate fees and advertising revenue. The company, which owns MTV, Comedy Central and other TV networks, earned $643 million, or $1.31 per share. That's up from $534 million, or $1.01 per share, in the same quarter of 2012. Excluding discontinued operations and one-time items, Viacom …

Powered by WPeMatico

This entry was posted in Nigeria News. Bookmark the permalink.

Leave a Reply