Viacom reports 2.9% rise in revenue

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A woman exits the Viacom Inc. headquarters in New York April 30, 2013. REUTERS/Lucas Jackson/File Photo (Copyright Reuters 2017)

(Reuters) - Viacom Inc (VIAB), the owner of MTV, Comedy Central and Paramount, reported a 2.9 percent rise in quarterly revenue on Thursday, as a rise in theatrical revenue offset declines in U.S. affiliate revenue.

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Net profit attributable to Viacom rose to $674 million, or $1.67 per share, in its fiscal fourth quarter ended Sept.30 from $254 million, or 64 cents per share, a year earlier.

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Total revenue rose to $3.32 billion from $3.23 billion.

(Reporting by Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)

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