November 16, 2018 / 12:08 PM / a month ago

"Mission Impossible" powers Viacom revenue jump

Nov 16 (Reuters) - Viacom Inc, the owner of MTV, Comedy Central and Nickelodeon, reported a 5 percent rise in quarterly revenue on Friday, as its Paramount Pictures division gained from the success of “Mission: Impossible - Fallout”.

Net income attributable to Viacom fell to $394 million, or 98 cents per share, in the fourth quarter ended Sept. 30 from $674 million, or $1.67 per share, a year earlier.

Total revenue, however, rose to $3.49 billion from $3.32 billion. (Reporting by Vibhuti Sharma in Bengaluru; editing by Patrick Graham)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below