Viacom earnings drop 37 percent; ad slump hurts (Reuters)

[riky]

Viacom earnings drop 37 percent; ad slump hurts
    (Reuters)

 


Reuters - Viacom Inc (VIAb.N), owner of MTV Networks and Paramount movie studio, reported a 37 percent drop in third-quarter earnings, further evidence major media companies are suffering from an intensifying advertising slump.


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