Business
Viacom Inc, the owner of MTV,
Comedy Central and Nickelodeon, reported a 1.6 percent rise in quarterly
revenue, helped by higher license fees and theatrical revenue at its movie
business.
The
net profit attributable to Viacom fell to $432 million, or $1.09 per share,
from $591 million, or $1.47 per share, a year earlier.
The New
York-based company's total revenue rose to $3.11 billion in the third quarter
ended June 30, from $3.06 billion a year earlier. Filmed Entertainment revenue rose 30 percent to $621 million.
Source by Reuters
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