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