Lost Remote (Free subscription) | 07/31/2008
On this morning’s CBS earnings call, paidContent reports that CEO Les Moonves praised the purchase of CNET. Moonves then went on to say, “The stated goal is to reach $1 billion in revenue in the next three years, from the mid-$600 million this year.” Also mentioned in the call was the deal between [...]
Paidcontent (Free subscription) | 07/31/2008
After having listened to several of these so far this quarter, conference call intros are getting pretty predictable: The economy is weak, but business is holding up, and don't forget to look at all that cash we're throwing off. CBS ( NYSE: CBS ) CEO Les Moonves explained that the company is taking key steps to move from slow growth to high-growth areas: Selling radio stations, buying CNET:...
Contactmusic Ltd (Free subscription) | 07/29/2008
Although CBS chief Les Moonves wants to get rid of Katie Couric, it would cost him some $40 million to do so, the New York Post 's "Page Six" column reported today ...
MediaBistro.com (Free subscription) | 07/17/2008
The judge in Dan Rather 's case against his former employer has ordered CBS to produce several witnesses for depositions including former CBS News president Andrew Heyward and CBS CEO Les Moonves . The court ruled Wednesday that the depositions would go forward, with Heyward's scheduled for the end of this month and Moonves' expected in September. The network's chief counsel, Jim Quinn...
Business Wire (Free subscription) | yesterday
MIXX 2008 Attracts Influential Lineup of Speakers, to Explore Transformation of the Media Industry Chrysler CMO Deborah Meyer, CBS CEO Les Moonves, Author Clay Shirky Join Roster of Notable Speakers; Set to Investigate Theme of “Invention & Reinvention” as Key to Harnessing the Digital Revolution NEW YORK--()--The Interactive Advertising Bureau today announced the full lineup of participants...
Mediabuyerplanner (Free subscription) | 08/18/2008
NBCU CEO Jeff Zucker was quick to say that the success of the Games indicates the future of television is not as bad as has been forecast. “This proves the pipes still work,” he is quoted as saying. “When you have an event that transcends popular culture, the only place you can aggregate these audiences is network television.” Les Moonves, chief of CBS, voiced a similar - though more to the...
Paidcontent (Free subscription) | 06/30/2008
While others deal with the integration of CNET ( NSDQ: CNET ) Networks into CBS Interactive ( NYSE: CBS ), CBS CEO Leslie Moonves has to keep selling the strategy and the acquisition to his own grumbling shareholders. He told paidContent this afternoon he still believes the new CBS Interactive will have $1 billion in revenues by 2010-2011, with revenue of low-mid $600,000 this year. He also...
Forbes (Free subscription) | 08/13/2008
Maynard, who will segue into a first-look producing pact with CBS ) after stepping down from his current position late last week, is credited with convincing CBS Chief Executive Leslie Moonves to take a chance on the controversial Swedish concept Survivor some eight years ago. The series proved a ratings juggernaut for the network--28.2 million viewers tuned in for the first season--and pioneered...
Deadline Hollywood Daily (Free subscription) | 08/10/2008
... Eye network's head of alternative series, Maynard's claim to fame was that he convinced boss Les Moonves to take a chance on Survivor, which went on to win its time period in all ratings categories for 15 editions, changed the lansdscape of unscripted content and product placement on TV, and helped CBS achieve its turnaround. He also had a hand in launching other longest-running reality...
Financial Time (Free subscription) | 08/08/2008
It has been three years since Les Moonves, chairman of CBS, pronounced that the era of the “voice of God” television news anchor was over. US viewers, he said, could no longer turn to “that guy, preaching from the mountaintop” for their information.
Contactmusic Ltd (Free subscription) | 08/04/2008
... increase in revenue, its operating income fell 12 percent. In a conference call, CBS chief Les Moonves blamed the downturn on "softness in the local advertising marketplace at our TV stations" and, in particular, the drying up of revenue from automotive accounts.01/08/2008
Rock and Roll Daily (Free subscription) | 08/01/2008
CBS Radio, home to the legendary New York rock station WNEW-FM, is selling off 50 of its mid-sized radio stations in response to soft local ad markets and a weak economy. “We are clearly challenged by the economic conditions affecting many industries, particularly as it pertains to our local businesses,” CBS CEO Leslie Moonves told [...]
Music News (Free subscription) | 08/01/2008
CBS Radio, home to the legendary New York rock station WNEW-FM, is selling off 50 of its mid-sized radio stations in response to soft local ad markets and a weak economy. “We are clearly challenged by the economic conditions affecting many industries, particularly as it pertains to our local businesses,” CBS CEO Leslie Moonves told [...]
IMDb News (Free subscription) | 08/01/2008
... increase in revenue, its operating income fell 12 percent. In a conference call, CBS chief Les Moonves blamed the downturn on "softness in the local advertising marketplace at our TV stations" and, in particular, the drying up of revenue from automotive accounts.
Red Orbit (Free subscription) | 08/01/2008
... how any sale of KDKA radio might affect the TV station with the same call letters. CEO Leslie Moonves said New York-based CBS is making "aggressive" cost cuts amid a more difficult economic environment and advertising slowdown. The stations are being sold to fund share buybacks. Some investors in CBS, which gets about two-thirds of its revenue from advertising, have called for share repurchases...
