MediaBistro.com (Free subscription) | 11/09/2009
Peter Dunn , president and GM of WCBS-TV, now has the additional job of overseeing CBS' 29 stations across the country. In an email to staff, obtained by FishbowlNY, CBS Corp. CEO Les Moonves writes, "Peter has been a terrific leader in every role he's had at our station group, from President of Sales to running two of our biggest stations. He knows how to deliver results and inspire the...
Company Town (Free subscription) | 11/09/2009
CBS Corp. has named Peter Dunn president of CBS Television Stations, the unit comprised of the network's 29 local television stations, including KCBS in Los Angeles. Dunn, who will also remain president of WCBS New York, replaces industry veteran Tom...
BloggingStocks (Free subscription) | 11/07/2009
Filed under: Earnings reports , Time Warner (TWX) , Viacom (VIA) , CBS Corp 'B' (CBS) , Clorox Co (CLX) , Comcast Cl'A' (CMCSA) , Dean Foods (DF) , News Corp'B' (NWS) , Garmin Ltd (GRMN) , World Wrestling Entertainment (WWE) Here are some highlights from last week's earnings coverage from BloggingStocks: CBS Corp. (NYSE: CBS ) reported that Q3 revenue was flat while earnings and...
Paidcontent (Free subscription) | 11/05/2009
Before turning the call over to CBS Corp. ( NYSE: CBS ) president and CEO Les Moonves , Sumner Redstone, the company’s executive chairman, CBS Corp. heaped praise on the company’s efforts to manage the downturn and sounded relieved to say “there is finally light at the end of the tunnel.” We’ve said that second half would be was and it was. We’re pleased...
BloggingStocks (Free subscription) | 11/06/2009
Filed under: Earnings reports , Television , General Electric (GE) , Walt Disney (DIS) , CBS Corp 'B' (CBS) , News Corp'B' (NWS) , Media World Shares of CBS (NYSE: CBS ) are no longer rolling around in the pits of equity hell. Do you recall when they were trading around $3 per share? Nasty time it was. Amazingly, as I write this, CBS is hovering near a 52-week high. They are well over...
BloggingStocks (Free subscription) | 11/06/2009
Filed under: Analyst reports , Analyst upgrades and downgrades , General Electric (GE) , Amazon.com (AMZN) , CBS Corp 'B' (CBS) , Analyst initiations , Deere and Co (DE) Analyst upgrades: Bernstein upgraded General Electric (NYSE: GE ) to Outperform from Market Perform Thursday after the close. The firm sees an improved risk/reward on the stock and raised its price target to $19 from $18. Bernstein...
Advertising Age - MediaWorks (Free subscription) | 11/06/2009
NEW YORK (AdAge.com) -- CBS Corp.'s top executive said the company is "in dialogue" with daytime-TV queen Oprah Winfrey about the status of her long-running syndicated program, amidst speculation that the talk-show host could move her show to a cable start-up she has been working on with Discovery Communications.
MaldivianDigital® :: Forum (Free subscription) | 11/06/2009
CBS Corp. reported a solid profit for the third quarter, as its television revenue grew on syndication sales. The New York company joined several media peers this week in noting quarter-to-quarter...
New York Post (Free subscription) | 11/06/2009
CBS Corp., owner of the most-watched US television network, reported third-quarter profit of $207.6 million, beating analysts' estimates on higher sales of reruns and daytime programs. Net income of 30 cents a share compared with a loss of $12.5 bi...
San Fransisco Chronicle (Free subscription) | 11/06/2009
CBS Corp. on Thursday was faced with rumors about the possible departure of Oprah Winfrey's talk show from broadcast television to her own cable channel, The Oprah Winfrey Network. CBS Corp. Chief Executive Leslie Moonves said Thursday that talks were under... OprahWinfrey - Television - Talk show - Leslie Moonves - Arts
Company Town (Free subscription) | 11/06/2009
CBS Corp., which owns the most-watched TV network, released earnings this afternoon that revealed glimmers of hope that the recession's grip on the advertising market finally might be easing. Higher syndicated rerun sales of its television shows, including "Criminal Minds,"...
Examiner (Free subscription) | 11/06/2009
The sale of popular TV shows partly offset a drop in third-quarter advertising revenue at CBS Corp. but the company said ad trends are improving in the final three months of the year.
San Fransisco Chronicle (Free subscription) | 11/05/2009
CBS is posting third-quarter earnings that beat analyst forecasts. The broadcast network operator says sales of popular shows to other networks and higher subscription fees for pay-TV service Showtime helped overcome an advertising downturn. CBS Corp., which... Pay television - CBS - Showtime - Television - Mobile network operator
Market Watch (Free subscription) | 11/05/2009
SAN FRANCISCO (MarketWatch) -- CBS Corp. said Thursday that it entered into a new three-year $2 billion revolving credit facility led by J.P. Morgan Securities and Citigroup Global Markets. The new facility, which will be used to support commercial paper borrowings and general corporate purposes, replaces an unused credit facility that was set to expire in December 2010, CBS said. Market Pulse...
Daily Advance - Business (Free subscription) | 11/06/2009
LOS ANGELES — CBS Corp. on Thursday was faced with rumors about the possible departure of Opra...
