The owner of the MTV network and Paramount Pictures reported fourth-quarter profit and revenue that beat estimates and boosted its stock buyback by $6 billion. Earnings climbed to $1.06 a share from 75 cents a year earlier, New York-based Viacom said. Analysts predicted an average of $1.02. Viacom benefited from growth in its TV and film units. Revenue from TV, which includes Nickelodeon and Comedy Central, rose 7.7 percent to $2.29 billion.
For more from BostonGlobe.com, sign up or log in below
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Get FREE access as part of your print subscription.
Click to continue reading this article or to log in to BostonGlobe.com.