April 25, 2018 / 11:07 AM / 8 months ago

Viacom quarterly profit surges

April 25 (Reuters) - Media company Viacom Inc said on Wednesday its quarterly profit more than doubled, driven by higher fees from international cable and satellite operators and strong growth in its Paramount Pictures division.

Net income attributable to Viacom, which is exploring a merger with CBS Corp, rose to $256 million, or 64 cents per share, in the second quarter ended March 31 from $121 million, or 30 cents per share, a year earlier.

Total revenue fell to $3.15 billion from $3.26 billion. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)

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