- A day after noting a promising ratings rebound at MTV, Viacom has given a contract renewal to a key anchor on one of its other networks: Trevor Noah.
- Noah's re-upping as host of Comedy Central's The Daily Show through 2022, due in large part to some steady recent growth in his audience.
- Noah got a rocky start critically and in the ratings two years ago, but the show's viewership is up 14% Y/Y, and the cable program is third in late night in the 18-49 demographic, behind broadcast network programs: NBC's The Tonight Show Starring Jimmy Fallon and CBS's Late Show with Stephen Colbert.
- “Jon Stewart was on the network for 18 years," said Viacom chief Bob Bakish. "Jon Stewart did not become Jon Stewart in one year. Trevor is on a very good path."
- Meanwhile Viacom is giving back some of yesterday's gains: VIA -1.3%; VIAB -1%.
- Now read: Kroger (NYSE:KR) declares
- Now read: Kroger declares $0.125 dividend
.125 dividend
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