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Highlights from Viacom Earnings Call

On November 9th, Viacom held their Q3 2016 (technically their Q4, full year) earnings call. Here are the highlights

Change in Leadership:

Tom Dooley, the current CEO, will step down next week.  Robert Bakish, who managed Viacom’s international business, will take over.

Financials – Total:

Full year total revenue of $12.5B was 6% lower than the $13.3B in FY 2015.  Total revenue for the quarter was $3.2B down 15% YoY.

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