Filmed entertainment revenue dropped 44% as theatrical revenue nearly halved. Last year, Viacom’s flick “Transformers: Age of Extinction” was released during the comparable quarter, while this year’s big summer movies, including the latest Terminator installment, were released a quarter later, the company said.
Meanwhile, Viacom’s media networks segment—its largest—reported revenue that was essentially flat from a year earlier. Excluding the impact of currency...