Home / Finance News / Horror hit movie A Quiet Place helps boost profit at Viacom as it rakes in £250m

Horror hit movie A Quiet Place helps boost profit at Viacom as it rakes in £250m

Horror hit movie A Quiet Place helps boost profit at Viacom as it rakes in £250m

City & Finance Reporter for the Daily Mail

Horror hit A Quiet Place has helped boost profits at media conglomerate Viacom

Horror hit A Quiet Place has helped boost profits at media conglomerate Viacom

Horror hit A Quiet Place has helped boost earnings at media conglomerate Viacom

Horror hit A Quiet Place has helped boost earnings at media conglomerate Viacom.

The low-budget movie a few circle of relatives looking to live to tell the tale alien invasion has made £250million in spite of it costing simply £15million to make. It was once produced via Viacom’s Paramount Pictures.

Profits at Viacom, which additionally owns Nickelodeon, MTV, and the United Kingdom’s Channel five, rose 1per cent to £369million in spite of a 4per cent income fall.

Paramount additionally did smartly with comedy movie Book Club, starring Diane Keaton and Jane Fonda, making £52million.

Viacom boss Bob Bakish claimed: ‘Paramount is revitalised.’

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