Over the next few years, we expect revenues from cable networks to grow in low-single-digits. However, there still remains uncertainty around the ratings environment, which suggests room for stock price movement depending on how the audience receives the programming in the next couple of years. Specifically, we believe that new programming could catalyze Viacom's stock price movement, particularly if it is clubbed with Viacom's international expansion and changes in Nielsen's ratings measurement to include alternative video platforms.
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