Additional info: revenue generated by Viacom
Viacom is one of the largest media conglomerates worldwide, active in such sectors as cable TV and cinema. In the last fiscal year, its global revenue dropped slightly - from 13.27 billion U.S. dollars in 2015 to 12.49 billion in 2016.
The company’s revenue streams come from two segments – media networks and filmed entertainment. The first one operates numerous TV channels, such as MTV, VH1, and Nickelodeon, as well as various internet brands. The second consist of the Paramount Picture Corporation, which held 7.7 percent of the film market in 2016. It is well known for movies such as Arrival and Star Trek Beyond.
The revenue of the media networks segment fell from 10.49 billion in 2015 to 9.94 billion in 2016. Filmed entertainment also suffered a decline in fortunes, falling from 2.88 billion U.S. dollars in 2015 to 2.66 billion in 2016.