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JohnSamuel

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JohnSamuel

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Tuesday, 07/13/2021 10:32:05 AM

Tuesday, July 13, 2021 10:32:05 AM

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According to Viacom's latest earnings report, its first-quarter revenue of $7.4 billion is up 14% year-over-year while its operating income of $1.5 billion is up 14%. And while Paramount+ is not in a neck-and-neck race with rivals Disney+ and Netflix (NASDAQ:NFLX), it nonetheless saw a 65% year-over-year spike in its first-quarter global streaming revenue.

... JMHO

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