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Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings, but forecast weaker ad performance in the current quarter.
Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings. Analysts noted that ratings at Viacom's Nickelodeon, MTV, Spike, BET and Comedy Central networks all increased in the quarter.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
Check out which companies are making headlines after the bell Tuesday:
Aug 7- Hit movies and strong cable TV advertising boosted Time Warner Inc's second-quarter profit, and the media company raised its profit forecast for the year and said the spinoff of its Time Inc magazine division would be early next year.
Nathan Sawaya worked as an attorney for years, but the work just wasn't satisfying. So he ditched his job to pursue his art: creating sculptures from Legos. It's paying off.
July 30- The Oprah Winfrey Network is making money four years after its debut, as stronger ratings and advertising growth helped turn around the joint venture with Discovery Communications Inc sooner than expected.
July 30- Discovery Communications Inc reported lower-than-expected second-quarter earnings and cut its full-year outlook on Tuesday, but it also said Oprah Winfrey's OWN Network, which it partly owns, was finally turning a profit.
There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.
David Zaslav, Discovery Communications president and CEO, discusses what's driving revenues and why he sees the biggest growth opportunities in Western Europe.
July 30- Discovery Communications Inc's second-quarter profit missed analyst estimates on Tuesday as it recorded higher operating expenses at its U.S. cable unit. The media company, which owns cable networks such as Animal Planet and TLC, said net income rose to $300 million, or 82 cents per share, compared with $293 million or 77 cents per share a year earlier.
July 30- Discovery Communications Inc's revenue and profit rose in the second quarter, as it posted higher revenue in U.S. advertising and at its international network. The media company said on Tuesday that revenue rose 30 percent to $1.47 billion. Net income rose to $300 million, or 82 cents per share, compared with $293 million or 77 cents per share a year earlier.
It's the last heavy week of earnings, with five Dow components and 135 of the S&P 500 companies expected to report next week. From the oil giants to content companies, what to watch.
Washington might evoke only images of government offices and monuments, but it is also a business hot spot.
July 10- Tribune Co will separate its publishing business from its broadcast division, it said on Wednesday, following the path taken by Time Warner Inc and News Corp.. The tax-free spinoff of Tribune's eight newspapers, which include the Los Angeles Times and Chicago Tribune, will have its own board of directors and senior management team.
Tribune Co. said it plans to separate its newspaper publishing and broadcasting businesses.
John Hendricks, Discovery Communication founder & executive chairman, discusses how curiosity led to the creation of Discovery Communications. And Hendricks reveals how a new business model will allow his company to stay competitive in an ever-changing media environment.
Total U.S. spending on ads was virtually flat in the first quarter of 2013, with a 0.1 percent year-on-year decline, while the outlook remains subdued, according to a study from Kantar Media.
At the National Cable Show in Washington, DC this week, the cable content giants are embracing the idea of "TV everywhere" — giving people who pay for cable TV, access to more content, on-demand.
Anyone who knows anything about business knows that you buy low and sell high. Here's why now just may be that selling-high time.