Viacom expects to exceed its goal of $500mln in digital revenue this year as it continues to increase its Web presence, CEO Philippe Dauman told a Deutsche Bank conference Mon. Dauman was also upbeat on VOD advertising, saying that cable operators are adding functionality that will allow the effective monetization of VOD. "From the cable operators I’ve talked to, they expect to have that in the next year or so," he said. In addition, he said Viacom’s separation from CBS has benefited cable relations now that the retrans issue no longer looms over everything: "That source of tension has totally disappeared."

The Daily


Netflix Raising Prices Again

Netflix is upping its pricing plans for customers in the U.S. and Canada to help offset growing content costs. Reuters was first to report the change. The streamer’s standard plan now starts at $15.49/month

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