‘Rock Band’ Helps Drum Up 33 Percent Profit Growth for Viacom
Entertainment conglomerate Viacom, riding a wave of success from a video game launch and a strong showing by its television enterprises, reported a 33 percent increase in first-quarter profit Friday. Viacom, which owns the Nickelodeon, MTV and BET networks as well as moviemaker Paramount, reported earnings of $270 million, or 42 cents per share, from January through March. A year ago, the company earned $203 million, or 29 cents a share, during the same quarter.
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‘Rock Band’ Helps Drum Up 33 Percent Profit Growth for Viacom
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