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Viacom Sees Earnings Decline

  • Variety, Thursday, April 28, 2016 1:04 PM
During its fiscal second quarter, Viacom saw revenue decline by 3%, the media giant said on Wednesday. “Its U.S. media networks grappled with ratings declines and a decrease in affiliate fees, while its filmed-entertainment operations suffered with the releases like ‘Zoolander 2’ and ‘Whiskey Tango Foxtrot,’” Variety reports.

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