Viacom posts 12% profit increase, sees progress with Nick

Viacom in its fiscal Q4 generated a 12% increase in profit to $643 million, with cost-cutting and carriage-fee increases helping to offset a 6% drop in U.S. ad sales. Viacom chief Philippe Dauman said the company had started to turn things around at struggling Nickelodeon by bringing back "Teenage Mutant Ninja Turtles" and other programming moves.

View Full Article in:

New York Times (tiered subscription model), The · Bloomberg Businessweek

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Industry Initiatives (Digital Video and AdvancedTV)
Interactive Advertising Bureau
New York, NY
Digital Ad Operations Specialist
Crain Communications
Nationwide, SL_Nationwide
Account Executive, West Coast
DeviantART
Los Angeles, CA
Web Developer
Crain's New York Business
New York, NY