Tag: CBS Corporation

The merger of CBS Corporation and Viacom is now complete, with ViacomCBS CEO Bob Bakish calling it a "historic moment" for the media industry.

Net earnings at CBS Corporation fell to $319 million on revenues that were 1 percent higher in the third quarter to $3.3 billion.

CBS Corporation reported second-quarter revenues of $3.8 billion, a 10-percent increase, with advertising, content licensing, affiliate and subscription revenues all higher than they were in the year-ago period.

CBS Corporation's first quarter revenues are $4.17 billion, an 11-percent increase on the year-ago period, lifted in part by an 18-percent boost in ad revenues.

PREMIUM: Armando Nuñez, the president and CEO of the CBS Global Distribution Group and chief content licensing officer for the CBS Corporation, talks to World Screen Newsflash about the windowing of rights. 

CBS Corporation's fourth quarter revenues increase by 3 percent to $4 billion, while full-year revenues were up 6 percent to $14.5 billion.

Armando Nuñez has been named president and CEO for the CBS Global Distribution Group and chief content licensing officer for CBS Corporation.

Leslie Moonves is exiting as chairman and CEO of CBS Corporation, with COO Joseph Ianniello tapped as president and acting CEO.

Second-quarter revenues at CBS Corporation rose by 6 percent to reach $3.47 billion, with particularly strong gains in affiliate and subscription revenues, delivering a net profit of $400 million.

Leslie Moonves, chairman and CEO of CBS Corporation, touted the company's ability to monetize content "now and in the future" as it posted revenues of $3.8 billion in the first quarter, a 13-percent gain.