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Leslie Moonves

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  • David Letterman says he will retire at end of 2015

    David Letterman says he will retire at end of 2015
    The changing of the guard in latenight TV continues with David Letterman today telling a studio audience that he plans to retire at the end of 2015 after what will be 22 years on CBS.
  • CBS to launch national sports radio network - Baltimore's WJZ-FM and AM key players

    CBS to launch national sports radio network - Baltimore's WJZ-FM and AM key players
    CBS Thursday announced the launch of a national sports radio network that will include two stations in Baltimore and looks to seriously challenge ESPN dominance of the sports-talk airwaves. The CBS action, which includes Cumulus Media, another...

    CBS' Hardball Move in Indianapolis Draws Wall Street's Attention

    Wall Streeters typically don't pay much attention to station maneuvers in TV markets below the top 10, but word of CBS' plan to switch affiliates in Indianapolis caused a stir among broadcast-focused investors on Monday. The Eye plans to shift from its...

    CBS profit falls 7% in 2nd quarter with softer advertising sales

    CBS profit falls 7% in 2nd quarter with softer advertising sales
    Broadcasting giant CBS Corp. reported 7% lower second-quarter profit due to softer advertising sales, including at its marquee CBS broadcast network, and lower program licensing fees. For the quarter ended June 30, CBS reported net income of $439...

    Ad Softness Crimps CBS 2Q Results

    CBS said second-quarter net income fell 3.9%, as advertising softness resulted in revenue shortfalls at three of its major segments during the period. The company said revenue fell about 5.3% - to $3.17 billion from $3.39 billion - as its entertainment...