Viacom’s Philippe Dauman is claiming that the ad market has stabilized. “We are not seeing any further deterioration.” Viacom beat the street even though net income was down by 34% on 7% lower revenue because of weak advertising.
Viacom's 1st-Quarter Earnings Down
What's Hot on Deadline
TLC "Deeply Saddened" As It Pulls All Episodes of '19 Kids And Counting' In Wake Of Child Molestation Allegations - Update
'Tomorrowland' Bows Overseas With $26.7M, 'Ultron' Dominates With $45.8M, 'Mad Max' Adds $38.2M, 'Spy' Nabs $12.5M
Hot Cannes 'Circle' Package Imperiled As Alicia Vikander In Talks To Star In 'Assassin's Creed', New 'Bourne' Film