ViacomCBS Total Ad Revenues Down 6% For Q3, Streaming Business Climbs 56%

ViacomCBS, like other TV-centric companies, has trimmed back double-digit-percentage advertising losses from earlier this year to more modest single-digit declines in its third-quarter financial period.

Company-wide advertising -- while still affected by issues arising from the COVID-19 pandemic -- sank 6% to $2.19 billion in the July through September period. …

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