The company's second-quarter domestic advertising revenue is expected to grow 3 percent to 4 percent, he said. Viacom's domestic ad revenue rose 7 percent in the first quarter.
NEW YORK (Reuters) - Viacom Inc <VIAb.N> expects a slower rate of U.S. advertising growth in the second quarter than in the first quarter, Chief Executive Philippe Dauman said on Wednesday.
The company's second-quarter domestic advertising revenue is expected to grow 3 percent to 4 percent, he said. Viacom's domestic ad revenue rose 7 percent in the first quarter.
"Right now, we're in an economically uncertain environment," Dauman said at the Bernstein Strategic Decisions conference. "We're preparing for that."
(Reporting by Kenneth Li; editing by John Wallace)
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