Viacom’s cable properties benefitted from the advertising recovery of the past year, but lower DVD sales erased any of its gains in the last quarter. The poor earnings performance comes a day after its MTV Networks (NYSE: VIA) unit held its “pre-Upfront” programming presentation in New York City, highlighting its returning hits Teen Mom and The Jersey Shore, and announced that Comedy Central’s The Daily Show and The Colbert Report would be returning to Hulu after a year-long absence.
Christina DaRe Malin Akerman Melissa Joan Hart Bianca Kajlich Giulianna Ramirez
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