Viacom Q2 Profits Slightly Below Estimates, Fewer Movies in Theaters - Presented by: The Aol. On Network

Media giant Viacom, owner of Paramount Pictures and television channels like MTV and Nickelodeon, reported earnings on Wednesday. Earnings of $1.42 a share were short of estimates by a penny, but were 10% higher than the same quarter in the prior year. Revenue of $3.4 billion were also short of estimates at $3.6 billion and last year's $3.7 billion for the quarter.



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