Nov 3rd, 2009 - Boston
NEW YORK—Viacom Inc. posted a 15 percent jump in third-quarter profit Tuesday as a stronger film slate from its Paramount Pictures movie studio helped offset continuing declines in advertising and DVD sales. Its shares rose more than 6 percent in premarket trading.
The media conglomerate controlled by billionaire Sumner Redstone owns a wide range of media properties including the MTV and BET cable networks and the "Rock Band" video-game franchise.
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