When you look at Viacom’s programming you need to question whether any of it needs to be watched immediately, says TheStreet’s Jim Cramer. That is driving the valuation of the stock down, according to Cramer. Cramer said local programming player Nexstar Broadcasting is in a far better position because it is getting money from the presidential campaign. He said Nexstar is getting huge ad dollars from ‘safe republicans’ worried that Donald Trump will hurt their chances in the fall.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
