“Advertisers in a few categories, such as retail, automotive, and certain consumer goods, pulled back their on-air spending as they adjusted their own operating plans and product launches,” Viacom Chief Executive Philippe Dauman said. “Low ratings at a few of our networks also contributed,” he said, citing BET. The company did not issue a third quarter US ad sales projection.

Viacom net earnings from continuing operations climbed 3 per cent in the second quarter, revenue advanced 21 per cent to $3.86 billion for the quarter ended June

Other posts by :

1. Eutelsat shareholders reach agreement at AGM
2. Ghana makes MultiChoice fee decision
3. SES announces €0.25c dividend
4. Russia “blinding and destroying” German satellites
5. Bank: AST, Starlink, Kuiper targeting $200bn market
6. Rivada: Is no news good news?
7. SES celebrates Intelsat acquisition
8. Pakistan halts broadband direct-from satellite
9. India stymies Starlink launch

Categories: Advertising, Articles, Results, Rights