How Soft Film Impacts Viacom Earnings

By on Jun, 20 2016 with Comments 0

Viacom-logoViacom just told Wall Street its earnings for the current fiscal quarter will be lower than expected, partially due to poor performance of one of Paramount’s summer movies and due to a drop in advertising dollars at its U.S. networks. A delay in a completing a subscription-on-demand is adding to the financial outlook as well.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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