Viacom shares soared 10% on Tuesday after the company reaffirmed financial guidance for its media networks wing on the heels of sealing a hard-fought carriage renewal agreement with At&T’s DirecTV.
The stock gain underscored the importance of maintaining its presence on DirecTV and other At&T channel bundles. Viacom on Tuesday reaffirmed its guidance of affiliate fee growth in the low single digits for the fiscal year 2019. Also putting some wind at Viacom’s sale is renewed speculation about movement on a CBS-Viacom reunion now that the At&T carriage renewal is locked.
The reaffirmation of financial guidance was...
The stock gain underscored the importance of maintaining its presence on DirecTV and other At&T channel bundles. Viacom on Tuesday reaffirmed its guidance of affiliate fee growth in the low single digits for the fiscal year 2019. Also putting some wind at Viacom’s sale is renewed speculation about movement on a CBS-Viacom reunion now that the At&T carriage renewal is locked.
The reaffirmation of financial guidance was...
- 3/26/2019
- by Cynthia Littleton
- Variety - TV News
Similar News
The Talk Guest Lineup for the Week of March 25-29, 2024
- 3/21/2024
- by Errol Lewis
- Soap Opera Network
The Talk Guest Lineup for the Week of March 11-15, 2024
- 3/11/2024
- by Errol Lewis
- Soap Opera Network
Hollywood Radio & Television Society Reveals New Board Members, Extends CEO Melissa Grego Through 2025
- 7/19/2023
- by Denise Petski
- Deadline Film + TV
Tom Brady Roast Producer on Getting Bill Belichick, Kim Kardashian vs. Drunk Hecklers and ‘Unprecedented’ Live Arena Setting
- 5/8/2024
- by Matt Donnelly
- Variety Film + TV
Ron Howard, Mike Bloomberg, Faiza J. Saeed Set for Paley Center Honors (Exclusive)
- 5/6/2024
- by Hilary Lewis
- The Hollywood Reporter - Movie News
Paramount Ad Chief John Halley Embraces The “Refreshing Practicality” Of Pitching Upfront Buyers As Corporate Intrigue Swirls
- 5/6/2024
- by Dade Hayes
- Deadline Film + TV
How to Watch ‘Interview with the Vampire’ Season 2 Premiere Live on Apple TV, Fire TV, Roku & Mobile
- 5/12/2024
- by David Satin
- The Streamable
How to Watch 2024 Rice-Eccles Stadium Supercross Event Live Without Cable For Free
- 5/11/2024
- by Thomas Waschenfelder
- The Streamable
How to Watch Caitlin Clark, Women's Basketball Documentary 'Full Court Press' Live on Apple TV, Fire TV, Roku & Mobile
- 5/11/2024
- by Thomas Waschenfelder
- The Streamable
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
‘Kingdom of the Planet of the Apes’ Swings to $72 Million at Overseas Box Office, Mighty $129 Million Globally
- 5/12/2024
- by Rebecca Rubin
- Variety - Film News
BAFTA TV Awards: ‘Top Boy,’ ‘Happy Valley’ Win Two Each as ‘The Crown,’ ‘Black Mirror’ Miss Out
- 5/12/2024
- by Lily Ford
- The Hollywood Reporter - Movie News
Roger Corman, Pioneering Independent Producer and King of B Movies, Dies at 98
- 5/12/2024
- by Richard Natale and Tim Gray
- Variety - TV News
Box Office: ‘Kingdom of the Planet of the Apes’ Climbs to $22 Million Opening Day
- 5/11/2024
- by Jordan Moreau and Michaela Zee
- Variety - Film News
Ron Howard, Joe Russo, John Carpenter and More Pay Tribute to Roger Corman: “Profound Loss to Cinema”
- 5/12/2024
- by Zoe G Phillips
- The Hollywood Reporter - Movie News
‘Law & Order’ Bidding Farewell to Camryn Manheim
- 5/10/2024
- by Lesley Goldberg
- The Hollywood Reporter - Movie News
Frank Grillo Joins ‘Peacemaker’ Season 2 as Rick Flag Sr.
- 5/10/2024
- by Jordan Moreau
- Variety - TV News
Aida Rodriguez: Unpacking My Childhood Traumas Through Comedy Is Cathartic
- 5/6/2024
- by Aida Rodriguez
- Popsugar.com
How Erik Rivera Uses Comedy to Heal and Help Others
- 5/6/2024
- by Miguel Machado
- Popsugar.com
Ian Lara: Comedy Gave Me the Strength to Overcome My Mother's Death
- 5/6/2024
- by Ian Lara
- Popsugar.com
‘Kingdom of the Planet Apes’ Is Not Enough to Achieve a $100 Million Box-Office Weekend
- 5/12/2024
- by Tom Brueggemann
- Indiewire
Summer TV Preview: Over 35 Series Must-See Series To Watch
- 5/12/2024
- by Rodrigo Perez
- The Playlist
Anya Taylor-Joy Looks Back on the Wasteland and Her First Time Viewing ‘Furiosa’: ‘I Found it Very Traumatizing to Watch’
- 5/12/2024
- by Harrison Richlin
- Indiewire
Maya Rudolph Delivers the ‘Mother’ of All ‘SNL’ Monologues with Drag Ball Themed Extravaganza
- 5/12/2024
- by Harrison Richlin
- Indiewire
A Tribute to Alfred Hitchcock’s Many Mothers
- 5/12/2024
- by Christian Blauvelt
- Indiewire
‘Kingdom of the Planet of the Apes’ Swings to $72 Million at Overseas Box Office, Mighty $129 Million Globally
- 5/12/2024
- by Rebecca Rubin
- Variety - Film News
Roger Corman, Pioneering Independent Producer and King of B Movies, Dies at 98
- 5/12/2024
- by Richard Natale and Tim Gray
- Variety - TV News
Box Office: ‘Kingdom of the Planet of the Apes’ Climbs to $22 Million Opening Day
- 5/11/2024
- by Jordan Moreau and Michaela Zee
- Variety - Film News
Easterseals Disability Film Challenge Announces 2024 Winners
- 5/10/2024
- by Pat Saperstein
- Variety - Film News
‘Kingdom of the Planet Apes’ Is Not Enough to Achieve a $100 Million Box-Office Weekend
- 5/12/2024
- by Tom Brueggemann
- Indiewire
BAFTA TV Awards: ‘Top Boy,’ ‘Happy Valley’ Win Two Each as ‘The Crown,’ ‘Black Mirror’ Miss Out
- 5/12/2024
- by Lily Ford
- The Hollywood Reporter - Movie News
‘Law & Order’ Bidding Farewell to Camryn Manheim
- 5/10/2024
- by Lesley Goldberg
- The Hollywood Reporter - Movie News
‘The Bachelor,’ ‘American Idol’ Among Seven Unscripted Renewals at ABC
- 5/10/2024
- by Rick Porter
- The Hollywood Reporter - Movie News
‘The Conners’ Renewed for Seventh and Final Season at ABC, ‘Not Dead Yet’ Canceled
- 5/10/2024
- by Joe Otterson
- Variety - TV News
Frank Grillo Joins ‘Peacemaker’ Season 2 as Rick Flag Sr.
- 5/10/2024
- by Jordan Moreau
- Variety - TV News