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Viacom misses estimates as ad, affiliate sales drop


Viacom, which is exploring a merger with CBS, missed analyst forecasts for quarterly revenue on Thursday due to steep declines in US advertising and sales through cable and satellite companies. The New York-based media company, which owns Comedy Central, Nickelodeon and MTV, said domestic ad revenue slumped 5 percent in the three months through Dec....
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Source: New York Post


14:54, February 8, 2018 Reuters

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