sector: Cyclical Consumer Goods & Services ·
industry: Entertainment Production ·
As of
9:19pm IST
30.48USD
Viacom, Inc. (Viacom) is a global entertainment content company. The Company engages audiences on television, motion picture, Internet, mobile and video game platforms, through entertainment brands. The Company operates through two segments: Media Networks and Filmed Entertainment. In September 2008, MTV Networks (MTVN) acquired Social Project, Inc., its partner in building the Flux social media platform.
BRIEF: For the nine months ended 30 September 2009, Viacom Inc.'s revenues decreased 8% to $9.52B. Net income from continuing operations decreased 15% to $897M. Revenues reflect a decrease in the demand of Media Networks segment and lower income from Film Entertainment segment. Net income also reflects an increase in equity in losses of investee companies, the presence of loss on extinguishment of debt and a decrease in interest income.
Viacom Inc.
1515 Broadway
New York NY 10036
P: +1212.2586000