ViacomCBS Reports Q3 Streaming Growth But Subdued Overall Results
ViacomCBS cracked the $1 billion mark in streaming revenue in the third quarter, but overall results were more subdued, with total revenue rising 13% to $6.6 billion and earnings per share declining to 69 cents.
ViacomCBS Q2 Ad Revenue Up 24%
ViacomCBS’s advertising revenue, excluding streaming, rose 24% year-over-year in the second quarter, to $2.1 billion, driven by the return of sports programing and overall improvement in the ad market during the quarter.