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Viacom Sees Weak Affiliate Sales, Shares Plummet – U.S. News & World Report

U.S. News & World Report

Viacom Sees Weak Affiliate Sales, Shares Plummet
U.S. News & World Report
Investors also fretted about the snag in its Chinese movie financing deal. In January, Viacom announced a $1 billion cash investment from Shanghai Film Group and Huahua Media, giving the U.S. studio much-needed cash and support as it attempts to grow.

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