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Viacom 1Q earnings shredded by 'Rock Band' (AP)

02/02/2012 15:26:58
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Pedestrians pass Viacom headquarters, Wednesday, Feb. 1, 2012 in New York. Viacom posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the “Rock Band” series of video games. (AP Photo/Mark Lennihan)AP - Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.


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