Television

Viacom net up 21%; Q2 revenues $6.4 billion

MUMBAI: Media giant Viacom reported a 10 per cent increase in second quarter revenues to a record $6.42 billion, up from $5.85 billion for the same quarter last year. Net profit was up 21 per cent while operating income increased 12 per cent.

The increased income was led by segment growth of 22 per cent in cable networks like MTV and Nickelodeon, 10 per cent in both television and video and 9 per cent in outdoor. Contributing to 2003 second quarter results was growth in overall advertising revenues of 11 per cent. For the six months ended 30 June, 2003, Viacom reported revenues of $12.47 billion, an 8 per cent increase over revenues of $11.52 billion for the first half of 2002.

In May, Viacom completed its acquisition of the remaining 50 per cent interest in Comedy Central that it did not already own for $1.2 billion in cash. Comedy Central's results have been consolidated as part of Cable Networks, effective from the date of its acquisition.

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Star World Premiere HD to air 'The Pacific'

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Super Bheem to be weekly show from 2 April

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Channel V launches ‘Only On V’, ties up with Sanam

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English Ent channels witness increased ratings except FX

HBO dropped out of the Top 5 English Movie channels' list this week paving way for the entry of Zee Studio. Players in the genre witnessed mixed ratings. Channels in the English Entertainment genre have seen a steep rise in the viewership except FX.

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Star Plus & Sony Pal retain respective leadership, Naagin 2 maintains lead

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AMC Networks promotes Geraud Alazard to SVP - marketing

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