Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fel...
- Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its movies “Bumblebee” and “What Men Want”.
Since taking the helm in 2016, Chief Executive Officer Bob Bakish has focused on Paramount Pictures and the company’s cable TV business, which like its sister company CBS Corp, has been facing competition from Netflix Inc and Amazon.com Inc’s Prime video. Brokerage Cowen said it sees more challenges for Viacom’s movie business, given that it has fewer successful films.
Comcast recently included Pluto TV in its internet streaming video service called Xfinity Flex and said its set top box that links TV and internet Xfinity X1 will also soon have the streaming service.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Viacom CEO Charges Less for Channels in Bid for Long-Term GrowthViacom accepted a cut in payments for carriage of its TV channels including MTV and Nickelodeon in its recent distribution deal struck with AT&T—a sign of shifting clout in the cable industry.
Leer más »
Stocks making the biggest moves premarket: Uber, Marriott, Viacom, Equifax, Zillow & moreSome of the names on the move ahead of the open.
Leer más »
AIG profit beats on strong underwriting, lower costs; shares up 6 percentInsurer American International Group Inc reported first-quarter earnings that tr...
Leer más »
Wendy's revenue, profit beat on new burgers, higher royaltiesWendy's Co reported better-than-expected quarterly revenue and profit on We...
Leer más »
Mallinckrodt jumps 9% after drugmaker beats first-quarter earnings estimates, raises 2019 profit outlookMallinckrodt Pharmaceuticals soared in premarket trading Tuesday after the company released first-quarter earnings that beat Wall Street's expectations and raised its profit outlook for the year.
Leer más »
LendingClub beats profit estimates on higher transaction feesLendingClub Corp beat quarterly profit estimates on Tuesday, boosted by a rise i...
Leer más »
Tyson Foods beats second-quarter profit estimates, eyes boost from fatal hog virusTyson Foods Inc projected on Monday that it could reap significant financial gai...
Leer más »
Tyson Foods profit beat on higher demand for beef, prepared foodsTyson Foods Inc on Monday reported quarterly profit that beat Wall Street estima...
Leer más »
Pandora to cut 1,200 jobs as first-quarter profit, sales fallPandora will lay off another 1,200 workers in Thailand as new CEO Alexander Laci...
Leer más »
Cord-Cutting Clips Dish Network’s ProfitCompany loses 266,000 satellite customers as dispute with HBO drags on; executives promise ‘state-of-the-art’ wireless network.
Leer más »
UnitedHealthcare aims to cut maternity care costs with new programUnitedHealthcare Group said on Thursday it had launched a new program to cut mat...
Leer más »