Viacom plans TV production push as revenues fall
MTV and Nickelodeon owner Viacom has seen revenues fall 6% year-on-year in its second quarter results, but is planning to invest more in original content across its improving TV channels business. Q2 revenues to March 31, 2013, were US$3.14 billion compared with US$3.31 billion in 2012, on top of operating income down 9% at US$847 […]