BNET Industries
CBS Broadcasting Inc. (CBS) is in the Media Industry
- Revenue
- Dec 31 2007
- $14.0B
- Profit
- Dec 31 2007
- $1.2B
- Market Cap
- May 14 2008
- $15.4B
Latest News and Analysis
CBS teams up with KateModern creators
CBS is partnering with digital studio EQAL, the producer of online shows Lonelygirl15 and KateModern, in a bid to boost its web and mobile TV operations. Under the deal, the firms will collaborate to produce online versions of existing CBS TV shows. EQAL will also act as a consultant...
CBS to acquire CNET for USD1.8bn
CBS has agreed to acquire CNET Networks in a USD11.50 per share takeover deal. The move values CNET at roughly USD1.8bn. Through the deal, CBS aims to expand its existing online properties and increase online ad revenue. The CNET board has unanimously approved the deal and it is expected...
ESPN strikes USD140m deal to show US Open tennis
ESPN will broadcast the US Open tennis tournament on weekdays from 2009, as part of a deal with the United States Tennis Association, reports The Wall Street Journal. The Disney-owned TV station has paid USD140m to secure the US cable rights to the tournament for six years. As part...
ESPN strikes USD140m deal to show US Open tennis - Rumour
ESPN will broadcast the US Open tennis tournament on weekdays from 2009, as part of a deal with the United States Tennis Association, reports The Wall Street Journal. The Disney-owned TV station has paid USD140m to secure the US cable rights to the tournament for six years. As part...
Cablevision Adds Subscribers
By Yinka Adegoke NEW YORK (Reuters) - Cablevision Systems Corp CVC on Thursday posted an unexpected quarterly gain in cable subscribers, but its shares fell as it outlined new spending plans on a high-speed wireless Internet network. Also, the cable operator, run by...
Cablevision to Buy Sundance Channel For $496 Mln
NEW YORK (Reuters) - Cablevision Systems Corp CVC said on Wednesday it would acquire Sundance Channel from General Electric Co's NBC Universal, CBS Corp's CBS Showtime Networks and entities controlled by Robert Redford, the actor and director. Cablevision said it would...
ArvinMeritor to Split Off Car Unit
By David Bailey DETROIT (Reuters) - ArvinMeritor Inc ARM said on Tuesday it plans to spin off its automotive parts business from its larger trucking group in a move it hopes will improve the focus of each unit, sending its shares up 6...
Nissan's Ghosn Sees U.S. Market Stabilizing in 2009-10
CASCAIS, Portugal (Reuters) - Nissan Motor Co Chief Executive Carlos Ghosn said on Thursday that the U.S. auto market could stabilize in 2009-2010, but the industry would rely mostly on emerging markets to expand. "Japan at best will see stagnation, West Europe...
GM Posts $3 Billion Loss
By Kevin Krolicki and David Bailey DETROIT (Reuters) - General Motors Corp GM posted a narrower-than-expected quarterly loss on Wednesday as sales gains in Asia and Latin America overshadowed a slump in the U.S. market, sending its shares up 13 percent. The No....
Countrywide, GMAC Post Big Losses on Mortgages
By Jonathan Stempel NEW YORK (Reuters) - Countrywide Financial Corp CFC and GMAC LLC, which run the largest independent U.S. mortgage lenders, posted big first-quarter losses on Tuesday, hurt by credit problems as the nation's housing slump deepens. Lenders are writing down mortgages...
NBC, CBS Seen Bidding For Weather Channel
By Jui Chakravorty Das NEW YORK (Reuters) - CBS Corp and GE's NBC Universal plan to bid for the Weather Channel in the second round, with bids expected to range between $3.5 billion and $4 billion, people familiar with the matter said on...
NBC, CBS Seen Bidding For Weather Channel
NEW YORK (Reuters) - CBS Corp CBS and GE's GE NBC Universal plan to bid for the Weather Channel in the second round of bidding due in early to mid-May, two people familiar with the matter said on Tuesday. Privately held Landmark, which...
GMAC Posts Loss on Mortgage Woes
By Jonathan Stempel NEW YORK (Reuters) - Finance company GMAC said on Tuesday its first-quarter loss nearly doubled as more customers fell behind on mortgage payments, and warned that it might not be profitable until well into 2009, later than expected. The loss...
CBS Earnings Beat Forecasts
NEW YORK (Reuters) - CBS Corp CBS reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent. CBS reported first-quarter net earnings of $244.3 million, or 36 cents...
Election '08? Somebody Tell CBS, NBC, and ABC!
Election '08? Somebody Tell CBS, NBC, and ABC!Their's Another Angle To ThisWhen your convictions are liberal in nature and you're doing what you can to support the DNC, you're well advised to tone down or tune out political news for the moment. Events of the past few weeks have...
Election '08? Somebody Tell CBS, NBC, and ABC!
It's a Presidential election year, which almost always means good financial news for the television industry. This year is no exception, as the political parties and leading candidates pour hundreds of millions of dollars into high-stakes TV ad campaigns. Meanwhile, where is network TV news in this mix? ...
Viacom, MGM and Lionsgate to Take on HBO, Showtime
By Kenneth Li NEW YORK (Reuters UK) - Sumner Redstone's Viacom VIAb will launch a premium TV and movie channel with Lionsgate LGF and Metro-Goldwyn-Mayer, aiming a direct volley at Time Warner's TWX HBO as well as Redstone's own Showtime networks owned by CBS Corp...
Viacom, MGM and Lionsgate to Take on HBO, Showtime
By Kenneth Li NEW YORK (Reuters) - Sumner Redstone's Viacom Inc VIAb will launch a premium TV and movie channel with Lionsgate LGF and Metro-Goldwyn-Mayer, aiming a direct volley at Time Warner Inc's TWX HBO as well as Redstone's own Showtime ...
Good Night and Good Luck, CBS News
Good Night and Good Luck, CBS NewsGoing, Going, BoingBoingSaw an article on BoingBoing.net from August of 2007 citing a Pew Research survey claiming 38% of heavy internet users did not trust MSM. Most everyone I know understands pretty much why.Aside from the often denied but painfully apparent agenda based...
Good Night and Good Luck, CBS
It really was no surprise that rumors of an impending deal between CBS and CNN have resurfaced recently. CBS is said to be discussing outsourcing some of its news-gathering to CNN, and also to share resources on some stories or in some markets. CBS News is...
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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 owns and operates 140 radio stations in 30 U.S. markets 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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CBS Broadcasting Inc. Company Info
Board of Directors
Ms. Shari Redstone
Vice-Chairwoman
Ms. Linda M. Griego
Ms. Arnold Kopelson
Mr. Leslie Moonves
Mr. Doug Morris
Mr. Frederic V. Salerno
Mr. Sumner M. Redstone
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
Contact Information
1515 Broadway
New York, NY
212 258-6000
NAICS Code
Television Broadcasting: 515120
