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Moguls May Not Offer Guidance at Media Conference

Dec 8, 2008  •  Post A Comment

Top executives from News Corp., NBC Universal, Viacom and CBS Corp. may not offer specific forecasts at UBS’s annual Global Media and Communications conference, which begins Monday, the Hollywood Reporter says. That’s because some, such as Viacom, have recently cut jobs and no one knows how low advertising sales will fall, analysts tell the trade paper.
—Aimee Picchi

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