TITLE

Cable Pumps Up Viacom

AUTHOR(S)
Farrell, Mike
PUB. DATE
September 2007
SOURCE
Multichannel News;9/17/2007, Vol. 28 Issue 37, p48
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that media company Viacom is set to record 15 percent earnings growth in 2008. According to Bear Sterns media analyst Spencer Wang, the media giant's earnings growth is due to strong gains in cable advertising, improved ratings and growth in the company's international advertising business. Despite the strong earnings, Wang noted that the company's stock has been disappointing so far.
ACCESSION #
26715902

 

Related Articles

  • Viacom Cuts Growth Forecast on Ad Drop. Lafayette, Jon // Television Week;10/13/2008, Vol. 27 Issue 27, p5 

    The article reports on the announcement by media conglomerate Viacom that it expects lower earnings growth than it had forecast earlier in 2008. The company, which owns cable networks including MTV, VH1, BET, Comedy Central and Nickelodeon, said its earnings growth for the year will be in the...

  • Media still bearing down in first quarter. Szalai, Georg // Hollywood Reporter;4/1/2009, Vol. 409 Issue 11, p22 

    The article reports on the declining performance of big media and entertainment stocks during the opening quarter of 2009. All of them saw share declines, and other than Viacom Inc. and Sony Corp., they underperformed the broad S&P 500 index, which fell 11.7% in the first quarter, from 903.25 to...

  • Skeptical analysts work over Viacom. Szalai, Georg // Hollywood Reporter;1/20/2009, Vol. 408 Issue 11, p6 

    The article reports that several analysts slashed their earnings forecasts and price targets for Viacom Inc. and News Corp. In both cases, analysts cited worsening advertising market trends during a recession as a key reason. UBS analyst Michael Morris on Friday cut his price target on Viacom...

  • Ouch! Soft Local Ad Market Stings Viacom. McClellan, Steve // Broadcasting & Cable;9/29/2003, Vol. 133 Issue 39, p4 

    Reports that Viacom Inc. has revised downwards its earnings forecasts for 2003. Decline in the stock price trading of the company; Problems with the approach taken by two Viacom executives about the company's financial performance; Implication of economic conditions on local advertising markets...

  • Ratings factor. Szalai, Georg // Hollywood Reporter -- International Edition;7/3/2007, Vol. 400 Issue 15, p11 

    The article reports that stock analysts have emphasized in their analysis the association between television ratings and stock ratings of media companies in the U.S. Thomas Eagan, analyst at Oppenheimer & Co., states that the positive ratings trends at Crown Media Holdings Inc.'s Hallmark...

  • Media shares tumble. Flamm, Matthew // Crain's New York Business;4/28/2008, Vol. 24 Issue 17, p3 

    The article presents information on the performance of mass media stocks. News Corp.'s share price fell nearly 5% soon after Rupert Murdoch's announcement regarding Newsday newspaper takeover. Investor skittishness about media stocks started with the migration of advertising dollars to the...

  • Media conglams endure a sickly Q2. Szalai, Georg // Hollywood Reporter;7/1/2010, Vol. 415 Issue 17, p1 

    The article offers information on the loss of stock market value in the media and entertainment conglomerates in the second quarter of 2010. Reportedly, the stock market lost around 1.6 trillion dollars in value during the second quarter and the stock index fell 364 points on June 29-30, 2010....

  • Heady times for media stocks. Szalai, Georg // Hollywood Reporter;8/10/2009, Vol. 410 Issue 50, p6 

    The article reports that media and entertainment stocks rose sharply Friday on bullish advertising market comments from Leslie Moonves, chief executive officer (CEO) of CBS Corp., last week. CBS shares rose 27% to 10.81 dollars, Viacom's stock rose 5.8% to 26.32 dollars and News Corp.'s stock...

  • Despite downgrade, Viacom has upside. Szalai, Georg // Hollywood Reporter -- International Edition;10/17/2006, Vol. 396 Issue 30, p15 

    The article presents information related to Viacom Inc. Goldman Sachs & Co.'s analyst Anthony Noto on October 16, 2006 removed Viacom's shares from his firm's Americas "buy" list and downgraded them to "neutral." Bear Stearns Cos. Inc.'s analyst Spencer Wang on October 16, 2006 reiterated his...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics