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Viacom Media’s third quarter results are here and the network’s revenue has increased almost 6% as compared to the same period last year. The company has managed to increase revenue despite of the fact that the ad sales went down 2%. The company has reported $3.41 billion in the third quarter revenues. According to the Q3 report:

Softness in the overall advertising market contributed to a 2% decrease in worldwide advertising revenues to $1.16 billion in the quarter. Domestic advertising revenues declined 3% due in part to ratings softness at certain channels.

[via Silicon Alley Insider]