Tweet

Viacom posts strong numbers

By BroadCasting & Cable Staff -- Broadcasting & Cable, 10/24/2001 10:44:00 AM

Viacom Inc. posted pro forma EBITDA of more than $1 billion for the third quarter ended Sept. 30.

Despite unspecified losses due to wall-to-wall news coverage of the Sept. 11 terrorist attacks on CBS, Viacom reported earnings before interest, taxes , depreciation and amortization of $1.33 billion for the quarter. In a prepared statement, Mel Karmazin, Viacom president and COO, projected a casah flow near $3 billion for the year.

For the third quarter, Viacom reported $5.71 billion in revenues and $977 million in EBITDA, compared to $5.81 billion in revenues and $1.44 billion in EBITDA for the third quarter of 2000. - Richard Tedesco

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author
• Most Popular Pages

No related content found.

Also by this author

• Technology Leadership Summit 2011

• WGA Announces TV Noms

• Cable Ratings: 'Top Chef' Finale Draws 3.4 Million

• Leo Wolinsky Named Editor of Daily Variety

• CAB: Cable Ad Spending Grows to $18.7B in '09

Also by Staff Staff

Most Popular Pages

No Top Articles

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Akamai

  

  Akamai provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most recognized brands across diverse..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Infrastructure Design for High Volume Video Workflows
• Multi Format Encoding for Efficient Content Repurposing
• The CIOs Guide to Videoconferencing Security Keeping Pace with th..
• Extracting and Preparing Metadata to Make Video Files Searchable