Viacom posts drop in second-quarter net income, in part due to lower revenue from Paramount

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Viacom posted an 18 percent drop in second-quarter net income Wednesday due to lower revenue, especially from the filmed entertainment division that includes Paramount Pictures.
It’s a tough comparison to last year, when Viacom was raking in proceeds from “Mission Impossible — Ghost Protocol,” and the company actually surpassed Wall… …read more
Source: NY Post

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