Viacom 1Q net rises 33% on networks, movies sales (and HD DVD $$$) - Blu-ray Forum

Grubert · 05-02-2008, 12:30 PM

From nasdaq.com

Quote:

Viacom Inc. (VIA, VIAB) posted a 33% rise in first-quarter net income as strong sales of the music video game "Rock Band" boosted the networks unit, while the filmed-entertainment segment was aided by third-party distribution arrangements.

[...]

Revenue at the filmed-entertainment segment, which includes movie studios Paramount Pictures and DreamWorks SKG, rose 12% due to a 22% increase in home- entertainment revenue thanks to third-party distribution arrangements, including $29 million from the conclusion of an HD-DVD exclusivity arrangement. The HD-DVD format has succumbed to Blu-ray in the battle for next-generation DVD systems.

blitz6speed · 05-02-2008, 12:41 PM

That is wonderful to see out in the open.

DetroitSportsFan · 05-02-2008, 01:38 PM

$29 million? Not bad for a few months of work.

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05-02-2008, 12:41 PM	#2
blitz6speed Blu-ray Guru Member since:Oct 2006 Location:Anaheim Hills, CA Trading Score:8	That is wonderful to see out in the open.

05-02-2008, 01:38 PM	#3
DetroitSportsFan Hot Deals Moderator Top contributor Member since:Aug 2007 Location:Michigan 4K collection:439 Blu-ray collection:2226 Trading Score:93	$29 million? Not bad for a few months of work.

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