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USA Shopping Online @ 2dayplaza.com (Free subscription) | 6 hours ago
The initial narrative that accompanied the launch of The Beatles: Rock Band, the newest collaboration between Harmonix and MTV Games, has been of a revolutionary videogame that will attract non-gamers to the music genre titles and which will set the trend for future releases that are focused more on specific bands than on offering a wide range of music. But now it seems that the financial picture for...
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BloggingStocks (Free subscription) | 07/11/2009
Filed under: Earnings reports , Time Warner (TWX) , Viacom (VIA) , CBS Corp 'B' (CBS) , Clorox Co (CLX) , Comcast Cl'A' (CMCSA) , Dean Foods (DF) , News Corp'B' (NWS) , Garmin Ltd (GRMN) , World Wrestling Entertainment (WWE) Here are some highlights from last week's earnings coverage from BloggingStocks: CBS Corp. (NYSE: CBS ) reported that Q3 revenue was flat while earnings and cash flow declined....
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Pocket-lint (Free subscription) | 05/11/2009
Making plastic instruments proves costly Viacom has admitted that its Rock Band series is still not making any cash - on the contrary, it's losing the company money. Viacom's chief financial officer, Tom Dooley, admitted in a quarterly earnings report that "Rock Band was a negative contributor to margins in the third quarter". He added: "We expect it to break even or be slightly profitable...
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Xbox 360 Fanboy (Free subscription) | 05/11/2009
Even though John, Paul, George and Ringo have been rocking the disc tray of your favorite console with The Beatles: Rock Band , its expectation-exceeding sales haven't helped boost overall Rock Band sales. Viacom CEO Philippe Dauman told USA Today the "economics of our Rock Band franchise are improving, though not as quickly as we'd like." There's still hope that Rock Band could at least...
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MarketIntelligenceCenter.com (Free subscription) | 04/11/2009
Viacom (VIA) was upgraded today by analysts at Oppenheimer and the stock is now at $30.62, up $0.45 (1.49%) on volume of 105,303 shares traded. The brokerage upgraded the stock to Outperform from Perform. Over the last 52 weeks the stock has ranged from a low of $13.00 to a high of $31.42. Viacom stock has been showing support around $28.12 and resis...
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Edge Magazine (Free subscription) | 04/11/2009
MTV and Harmonix parent company Viacom has said that the economics of its Rock Band franchise “are improving, though not as quickly as we’d like”. Speaking in a financial results call, CFO Tom Dooley said that the franchise made a negative contribution to margins in the third quarter. read more
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Media Week (Free subscription) | 04/11/2009
LONDON - Viacom, global parent to MTV Networks, Nickelodeon and Paramount Pictures, believes it is entering a "period of economic recovery" following a 14% increase in operating income and a 24% rise in adjusted net earnings for the third quarter.
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GamesIndustry.biz (Free subscription) | 04/11/2009
Harmonix and MTV Games owner Viacom has said sales of the Rock Band franchise are improving - though not at a pace that meets expectations. Rock Band hit margins at the company's Media Networks group during its third quarter ended September, although Viacom said that it expects the franchise to finally break even or become "slightly profitable" in Q4 if sales are good through Christmas....
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L. A. Times Dodgers Blog (Free subscription) | 04/11/2009
The media company earns $463 million, compared with $401 million a year earlier, helped by stronger results from Paramount Pictures. Revenue slips 3% to $3.3 billion. Cost cutting, coupled with stronger results from Paramount Pictures, paid off in the third quarter as Viacom Inc. posted a 15% jump in profit despite lower advertising and home video sales.
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New York Post (Free subscription) | 04/11/2009
G.I. Joe and Optimus Prime helped push Viacom's earnings up 15 percent in the third quarter. The release of the "Transformers" sequel and the new franchise "G.I. Joe" helped Paramount Pictures -- Viacom Chairman Sumner Redstone's often underperform...
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New York Times (Free subscription) | 04/11/2009
The company sought to spotlight positives, like box offices successes, amid falling DVD sales.
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MediaBistro.com (Free subscription) | 04/11/2009
Wall Street Journal: Viacom , parent company of MTV Networks , reported its third quarter earnings today . Profit grew 15 percent due to cost-cutting, perhaps related to this summer's layoffs at MTV? New York Times: Scripps is reportedly close to closing its deal to buy the Travel Channel from Cox Communications . Folio: B-to-b publisher Ascend Media has filed for Chapter 7 liquidation . MediaWeek:...
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BloggingStocks (Free subscription) | 03/11/2009
Filed under: Earnings reports , General Electric (GE) , Time Warner (TWX) , Walt Disney (DIS) , Viacom (VIA) , Sony Corp ADR (SNE) , News Corp'B' (NWS) , Hasbro Inc (HAS) , Media World Viacom (NYSE: VIA ), a content player in competition with News Corp. (NASDAQ: NWS ), Time Warner (NYSE: TWX ), Sony (NYSE: SNE ), and General Electric 's (NYSE: GE ) NBC Universal, issued Q3 numbers today. If we had...
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Business Report (Free subscription) | 03/11/2009
Viacom has posted a 15-percent jump in third-quarter profit, thanks in part to a stronger film slate from its Paramount Pictures movie studio.
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Boston Herald (Free subscription) | 03/11/2009
NEW YORK - G.I. Joe and the Transformers came to Viacom Inc.'s rescue in the third quarter, helping boost the company's earnings 15 percent with strong box office...
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