Viacom Among Year’s Worst Performing US Stocks

CNNMoney: Fears about consumers cutting cords have rippled throughout the media industry this year. Nowhere is that more true than at Viacom, which has suffered recent ratings trouble at MTV and Comedy Central. Viacom has been hurt by a general decline in advertising for non-sports and non-live programming. The company posted a 7 percent fall in domestic ad sales last quarter.