Viacom profit beats estimates on higher ad revenue
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(Reuters) - MTV-owner Viacom Inc , which is in the process of reuniting with CBS Corp , beat analysts' estimates for quarterly profit on Thursday, helped by a rise in advertising revenue.Shares of Viacom rose 3.5% in premarket trading after the company reported a 6% rise in domestic advertising revenue on a constant currency basis.However, revenue from its filmed entertainment division, which includes Paramount Pictures, fell 14%.CBS Corp and Viacom - both controlled by Sumner and Shari..