Throwing an orgy of pessimism? Well, don’t invite Viacom

[staff]

Throwing an orgy of pessimism? Well, don’t invite Viacom
      


How bad is the advertising market? Pretty bad, says Viacom Chief Executive Philippe Dauman. And it’s only going to get uglier.
“It is clear that while as cable network owners we are in a more favorable media segment than most, advertising comps are likely to get worse before they get better,” he said on a conference [...]
         

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