Blog Post

Jersey Shore No Laughing Matter At Viacom; Helps Push Revs Up 20 Percent

A strong quarter from Viacom (NYSE: VIA), thanks to home entertainment, television licensing and domestic advertising combined with a 50 percent increase in film revenues. Domestic advertising was up 11 percent, underscoring the overall ad recovery with the fifth straight quarter of increases. In addition Jersey Shore, just renewed iCarly and a scary continuing interest in Little Fockers, Viacom singled out “profitable” joint venture Epix as a contributor to its Q1 results.