Viacom reorganization to focus on six priority flagship brands in Q1 earnings announcement

Viacom Inc. announced its Q1 fiscal 2017 results and gave an update on its strategic priorities in its go-forward strategy, which finds the cable giant concentrating its efforts on its six priority flagship brands – Nickelodeon, Nick Jr., MTV, Comedy Central, BET and Spike.
In a release of the Q1 numbers, Viacom president and chief executive officer Bob Bakish noted a 5% increase driven by domestic affiliate performance, continued international strength and theatrical revenue gains, an ope