3 Media Stocks in Focus: Viacom’s Digital Growth, Netflix in Europe, DirecTV Raises Prices

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Viacom (NYSE:VIAB): Philippe Dauman, Viacom’s president and CEO, touted the company’s digital revenue opportunities in an interview with CNBC. “[Social and mobile media grow] our revenue, and all this technological change is good for us, in particular because our audiences are living on their devices and they also live watching television,” Dauman said. “The more opportunities they have to engage, watch, and experience our content in more places, on more devices, the more revenue we can ultimately generate.” Dauman believes that companies like Facebook (NASDAQ:FB) and Twitter are not competitors to Viacom but enablers of its content, helping the business grow its digital revenues.

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