Viacom has revealed plans to license and produce for third parties new episodes of content from across its portfolio of brands, beginning with the launch of MTV Studios.
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At Viacom’s first-ever Digital Content NewFront, the company unveiled Viacom Digital Studios and revealed its slate of digital programming for Nickelodeon, MTV, Comedy Central and BET.
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For the first quarter of fiscal 2018, Viacom saw an 8 percent decrease in revenues to $3.07 billion, with weaker performances from the filmed entertainment and media networks segments.
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Viacom International Media Networks (VIMN) has appointed company veteran Melody Tan as chief operating officer, replacing Jose Tolosa, who becomes chief transformation officer for parent company Viacom.
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Revenues were up 6 percent in the fiscal year and 3 percent in Q4 at Viacom, powered in part by improved advertising and affiliate revenues at its international networks.
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The company's president and CEO talks about boosting the flagship brands and continuing to offer viewers the content they want in as many ways as possible.
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