Viacom Profits Reports Massive Third Quarter Profits
AP:
Viacom Inc., a media conglomerate that owns MTV, Comedy Central and Paramount Pictures, reported an 80 percent jump in third-quarter earnings Friday on a strong showing from its summer movie "Transformers" and the sale of a music publishing business.
Viacom said it wouldn't see a big impact in the event of a Hollywood writers' strike, except for late-night spoof artists Jon Stewart and Stephen Colbert, whose shows would go to reruns.


First Posted: 03/28/08 03:45 AM ET Updated: 05/25/11 01:15 PM ET