VIACOM’S PROFITS NOSEDIVE
February 2, 2012 by admin · Leave a Comment
Viacom, whose media companies include Nickelodeon and the MTV and Turner cable channels as well as Paramount Pictures, said today (Thursday) that its profit plunged 65 percent in the last quarter, attributing the fall to a one-time $379-million charge to cover an arbitration award to shareholders of “Rock Band” videogame maker Harmonix. Excluding the Harmonix […]
