By Cablefax Staff | November 16, 2012 |
4Q was another quarter of lower ratings and ad revenue at Viacom, but management expressed confidence that things would turn around. Indeed, CEO Philippe Dauman said some of the core Viacom nets are already showing sequential improvement in the current Q over fiscal 4Q, but there is still a lot of work to do. Bernstein Research and Wells Fargo Securities comment on the results.
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