Press Release

Viacom Reports Second Quarter Results

May 10, 2019 at 7:00 AM EDT
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  • Delivered Year-over-Year Growth in Reported and Adjusted Diluted Earnings Per Share
  • Sequentially Improved Domestic Advertising Revenue Growth, Driven by Acceleration in Advanced Marketing Solutions
  • Delivered Ninth Straight Quarter of Year-over-Year Improvement in Paramount Adjusted Operating Income
  • Saw Early Momentum in Pluto TV Integration, with Monthly Active Users Growing to Approximately 16 Million in April
  • Achieved Significant Distribution Gains, with Renewed and Expanded AT&T Agreement, Carriage on Charter and fuboTV OTT Packages, and Content Deal with T-Mobile

NEW YORK--(BUSINESS WIRE)--May 10, 2019-- Viacom Inc. (NASDAQ: VIAB, VIA) today reported financial results for the quarter ended March 31st, 2019.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190510005075/en/

Driven by The Daily Show with Trevor Noah, Comedy Central delivered its eighth consecutive quarter o ...

Driven by The Daily Show with Trevor Noah, Comedy Central delivered its eighth consecutive quarter of share growth - up 12% YOY. (Photo: Business Wire)

STATEMENT FROM BOB BAKISH, PRESIDENT & CEO

“This quarter we executed strongly on our strategic priorities and made significant progress in advancing our evolution. We grew viewership share at our flagship networks, accelerated our Advanced Marketing Solutions and continued our momentum at Paramount Pictures. We also achieved important milestones in expanding our distribution across traditional, digital and mobile platforms, while dramatically improving our audience reach through the integration of Pluto TV. As the media landscape continues to segment across price points, we’re confident in our strategy, strong results and the opportunities ahead as we continue to position Viacom for the future.”

 

 

 


Source: Viacom Inc.

Press:
Justin Dini
Senior Vice President, Corporate Communications
(212) 846-2724
justin.dini@viacom.com

Justin Blaber
Senior Director, Corporate Communications
(212) 846-3139
justin.blaber@viacom.com

Pranita Sookai
Director, Corporate Communications
(212) 846-7553
pranita.sookai@viacom.com

Investors:
James Bombassei
Senior Vice President, Investor Relations and Treasurer
(212) 258-6377
james.bombassei@viacom.com

Jaime Morris
Vice President, Investor Relations
(212) 846-5237
jaime.morris@viacom.com