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Viacom Inc.

November 11, 2011

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The owner of the MTV network and Paramount Pictures reported fourth-quarter profit and revenue that beat estimates and boosted its stock buyback by $6 billion. Earnings climbed to $1.06 a share from 75 cents a year earlier, New York-based Viacom said. Analysts predicted an average of $1.02. Viacom benefited from growth in its TV and film units. Revenue from TV, which includes Nickelodeon and Comedy Central, rose 7.7 percent to $2.29 billion.

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