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WallStrip Crashes: CBS Ceases Production Of Video Show
CBS Interactive (NYSE: CBS) is pulling the plug on WallStrip, the comedic online financial news show it acquired in May 2007, PEHub reported, citing an unidentified source. WallStrip hasn't produced a show since Dec. 12. That date also marks the most recent episode of CBSI broadband sister web program...
Mobile Content Bits: CBS On MobiTV; Player X / Admob; T-Mobile Support On YouTube
—MobiTV Adds CBS: MobiTV will offer a CBS (NYSE: CBS) channel as part of its $10/month services, offering full episodes of hits such as CSI: Crime Scene Investigation, Numb3rs, CSI: NY, and The Young and the Restless. The shows will be available on AT&T (NYSE: T) and Sprint (NYSE:...
Industry Moves: AOL's Conroy Jumps To Univision As Interactive Media President
paidContent has learned that Kevin Conroy is leaving his post as AOL's EVP, products, and heading to Spanish-language TV broadcaster Univsion as president of interactive media. Before coming to AOL (NYSE: TWX) in 2001 to build AOL Music, Conroy was CMO for new technology at BMG Entertainment. he had...
CBS and Time Warner Reach Fresh Broadcast Deal
By Paul ThomaschNEW YORK (Reuters) - Time Warner Cable extended a deal to carry CBS Corp's television stations, CBS said on Tuesday, avoiding what could have been another heated industry dispute.CBS did not disclose details of the agreement, but it comes just days after its sister company Viacom Inc threatened...
Newspaper Roundup: NYT; Lee; Gannett; Hoy
—CBS makes NYT's front page in an ad: Trying to stave of further ad revenue declines, the NYT has accepted its first display ad on the front page of the print edition from CBS (NYSE: CBS). The ad, which is two-and-a-half inches high, runs below the fold across the...
CBS Estimates Lowered on Exposure to Deteriorating Ad Trends
J.P. Hannan submits:As a follow-up to my note the other day, "Broadcast TV Networks Weathering the Storm", Barclays Capital (Formerly Lehman Bros.) analyst Anthony DiClemente doesn't share my take on CBS (NYSE: CBS). In his latest note out Monday morning, he lowers 2009 estimates and casts doubt on the...
Broadband Content Bits: Hulu In 2009; CBSi's 'Heckle-U'; Pirated Sports Streams; Blinkx' Un-roll
—Hulu's 2009 resolutions : Hulu's plans for 2009 don't include fundraising or downloads, CEO Jason Kilar told Mediapost. Instead, the NBCU-News Corp (NYSE: NWS) JV will focus on developing better video search and ad targeting technology, personalization features like recommendation apps, and global expansion. Why skip downloads? Kilar...
Redstone's Christmas Gift: Extended Debt Deadline
Julia Boorstin submits: APSumner RedstoneFriday, December 19th was the deadline for Sumner Redstone's National Amusements theater chain to pay down $800 million in debt. Merry Christmas Sumner: the deadline to pay that debt has been extended while the company makes progress negotiating with the lending banks. But the holidays...
National Amusements' Lenders Look the Other Way
Seth Gilbert submits: There’s an old saying that says if you owe a bank a thousand dollars they own you but if you owe them a billion, you own them. While the numbers in the saying vary, media mogul Sumner Redstone on Friday seemed to have validated the theory...
Industry Moves: AllBusiness.com; Pump Audio; KickApps; Forbes.com; Founders Fund; IDG
—AllBusiness.com: Kathy Yates will be stepping down from her post as CEO—though no one will assume the role. According to BtoB, Yates said the CEO position is being eliminated and the Dun & Bradstreet-owned company will be undergoing a restructuring.—Pump Audio: Another CEO resigning? Steve Ellis made the announcement...
Redstone Gets Reprieve To Restructure $800 Million In Debt
No financial Armageddon today for Sumner Redstone, who gets an indefinite reprieve on either paying—not gonna happen—or restructuring some $800 million in debt coming due for National Amusements. The total debt is about $1.6 billion. Redstone owns 80 percent of the company, which owns movie theaters and controls Viacom...
Broadband Content Bits: Samberg/YouTube; Workplace Video; Machinimia; Current/Rotten; Network Shows
—SNL's Samberg chooses YouTube: With nearly 9 million views since being posted December 6, Andy Samberg's "Jizz in My Pants" is the most watched clip on YouTube this month. More noteworthy is that viewers have been able to access the music video-style Saturday Night Live skit on YouTube at...
CBS And Time Warner Considering Joint Olympics Bid
CBS (NYSE: CBS) and Time Warner's Turner Networks are in discussions about making a joint bid for the broadcast rights for 2014 and 2016 Olympic Games, AP confirmed. Both media giants caution that the talks are merely exploratory and no plans have been put in place. NBC Universal (NYSE:...
CBS Relaunching TV.com; Hoping Finally To Become A Video Player; Aiming Beyond Hulu, Not At It
*CBS* Interactive is relaunching TV.com, hoping to transform the well-named site known for its TV-related community and user-generated content into a serious video destination, paidContent has learned. The full-scale relaunch with new content partners is slated for January but the cosmetic changes will start this week with a new...
Top Headlines Of The Week From paidContent.org And paidContent:UK
Another busy week for us: our own Staci D. Kramer and David Kaplan covered UBS Media Week and there was another slew of layoffs. We also had our second LA Year-End Review and Mixer, so be sure to check out our west coast correspondent Tameka Kee's coverage. Thanks to...
Media Roundup: Wii Sales Up, WaPo CEO Lands at Facebook, and More
Five months after merger, CBS and CNET trim staff -- After purchasing CNET for $1.8 billion in July, CBS (this blog's parent company) has cut roughly 275 employees from a variety of media properties including last.fm, GameSpot, CBSNews.com and CBSSports.com. TechCrunch has the exact memo sent to employees. [Source: TechCrunch]...
CBS Layoffs: Where Are They Hiding the Bodies?
Erick Schonfeld submits: The pink slips were passed out on Thursday throughout the various business duchies that make up CBS Interactive—CNET, CBS.com, CBSNews,com, CBSSports.com, BNET, GameSpot, TV.com, last.fm, and CHOW. While CBS CBS confirmed to me and other reporters that layoffs did happen across the board, it refused to...
CBS Interactive Reorg: More Info and Merging of Some Units; Internal Memo
We reported first on the CBS Interactive (NYSE: CBS) reorg and layoffs last night, and since then, it has been confirmed by the company, and some other bits of info have been trickling out. Now, from the internal memo sent out earlier today by Qunicy Smith (posted here at...
Industry Moves: CBS; Razorfish; Microsoft; Buzztime
-- *CBS*: Aaron Radin has stepped down from his post as SVP-ad sales and business development for *CBS* Television Stations Digital Media Group, he told paidContent. Prior to joining *CBS* he was VP-business development and ad sales strategy for GoldPocket Interactive, and earlier managed sales at Walt *Disney* Internet...
Last.fm Lays Off Around 20 Staff, Part Of CBS/CNET Integration
Last night, Last.fm staff in London were celebrating their Christmas party at a venue complete with hot tub. Through today's hangover, they heard about 20 percent are being disposed of as parent CBS Interactive (NYSE: CBS) restructures in a cost-cutting move. CBS, which splashed out $280 million in May...
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- Incorporated: 1986
- CEO: Mr. Leslie Moonves
CBS is a mass media company. Co.'s Television segment consists of CBS Television, comprised of several entities including, the CBS® Television Network, its 30 owned broadcast television stations, CBS Paramount Network Television, CBS Television Distribution, as well as its television production and syndication operations. Co.'s Radio segment owned and operated 140 radio stations in 30 U.S. markets at Dec 31 2007 through CBS Radio®. The outdoor segment displays advertising on media, while its Publishing segment consists of Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster®, Pocket Books®, Scribner® and Free Press®.
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Board of Directors
Mr. Sumner M. Redstone Executive Chairman
Ms. Linda M. Griego
Ms. Arnold Kopelson
Mr. Leslie Moonves
Mr. Doug Morris
Mr. Frederic V. Salerno
Ms. Shari Redstone Vice-Chairwoman
Mr. David R. Andelman
Mr. Joseph A. Califano Jr.
Mr. William S. Cohen
Mr. Gary L. Countryman
Mr. Charles K. Gifford
Mr. Leonard Goldberg
Mr. Bruce S. Gordon
NAICS Code
Television Broadcasting: 515120
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