Viacom is that much closer to severing ties to Blockbuster, having offered investors an incentive to buy shares of the sluggish video rental unit. Viacom’s 2Q results were led by double-digit revenue and op income jumps in cable nets and TV, while Blockbuster weathered a 23% drop in profit. Viacom owns 82% of Blockbuster.

The Daily


Supply Chain: Fiber Demand Skyrockets in Age of COVID

Broadband and cable operator are running into supply chain problems as they embark on construction—particularly for fiber.

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