Viacom Q4 Profit Drops Despite Business Improvements

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Viacom said net income in in its fiscal fourth quarter dropped, even as the entertainment company saw improvements in some of its chief revenue lines, a sign of the challenges its operations contin…

Viacom said net income in in its fiscal fourth quarter dropped, even as the entertainment company saw improvements in some of its chief revenue lines, a sign of the challenges its operations continue to face even as the parent prepared to merge with CBS Corp. in a few weeks’ time. The New York owner of [...]Veteran TV executive Ofanny Choi has been promoted to president of Celestial Tiger Entertainment. She replaces CEO Todd Miller, who will leave the company.

The Disney Plus series “The Mandalorian,” three other streaming series, and two FX series have been nominated by Hollywood union publicists for the year’s top publicity campaign. “Catch 22,” “Fosse/Verdon,” “Pose,” “Stranger Things” and “When They See Us” picked up the other nominations. The nominees for the International Cinematographers Guild Publicists’ Maxwell Weinberg Award for [...]

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Maybe if they open their content to global audiences, they wont have that problem...

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