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.
More top stories in today’s CableFAX Daily:
DirecTV at last inked a carriage deal for Lakers RSNs Time Warner Cable SportsNet and Deportes, leaving DISH as the only major Southern CA distributor without a deal.
Time Warner Cable is expected to see growth in video, HSD and voice subs at the end of Q4, CFO Irene Esteves said at the Morgan Stanley investor conference Thurs. Read on for details on the company’s strongest growth areas.
CEA named DISH’s AutoHop Ad skipping service a CES Innovations 2013 Design and Engineering Award Honoree.