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Latest CBS Corporation Stories

2014-06-11 08:24:41

NEW YORK, June 11, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced plans to fully divest its 81% ownership in CBS Outdoor Americas Inc. (NYSE: CBSO) through an exchange offer that is expected to be tax-free for participating shareholders in the U.S. The exchange offer is anticipated to be the final step in the separation of CBS Outdoor following its initial public offering ("IPO") in April. Upon the split-off, CBS Outdoor intends to convert into a real...

2014-05-30 16:23:26

NEW YORK, May 30, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the second quarter of 2014 after the market closes on Thursday, August 7, 2014. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate web site, www.cbscorporation.com. The Company will then conduct a teleconference call at 4:30 PM, ET. The call is open to the general public. The domestic conference...

2014-05-27 16:23:35

NEW YORK, May 27, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Joseph Ianniello, Chief Operating Officer, will participate in a question-and-answer session at the Bank of America Merrill Lynch Global Telecom and Media Conference on Tuesday, June 3, 2014. The session will begin at 11:55 AM, BST (6:55 AM ET). An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors/News & Events section of...

2014-05-22 16:24:53

NEW YORK, May 22, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.12 per share. The dividend is payable on July 1, 2014, to shareholders of record on June 10, 2014. About CBS CorporationCBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The...

2014-05-08 16:23:53

OIBDA of $930 Million, Up 2% NEW YORK, May 8, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported the Company's first quarter 2014 results, which include growth in all profit measures. "CBS remains focused on its core strategy--creating and distributing the best content, and monetizing it across multiple platforms," said Sumner Redstone, Executive Chairman, CBS Corporation. "This winning business model is generating healthy profits today, and I'm...

2014-05-05 16:25:42

NEW YORK, May 5, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Joseph Ianniello, Chief Operating Officer, will participate in a question-and-answer session at the MoffetNathanson Media & Communications Summit in New York, NY on Thursday, May 15, 2014. The session will begin at 8:00 AM, ET. An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors/News & Events section of the CBS...

2014-04-16 16:25:25

NEW YORK, April 16, 2014 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced that the Internal Revenue Service ("IRS") issued a favorable private letter ruling with respect to the Company's plan for its outdoor advertising subsidiary, CBS Outdoor Americas Inc. (NYSE: CBSO), to convert to a real estate investment trust ("REIT"). Earlier this month, CBS Outdoor completed an initial public offering of 19% of its shares. CBS plans to divest its 81% stake in CBS Outdoor...

2014-04-15 08:25:37

LOS ANGELES, April 15, 2014 /PRNewswire/ -- PromaxBDA, the leading global association for promotion, marketing and design professionals in the entertainment industry, today announced Tom Freston and Shane Smith as Keynote speakers at PromaxBDA: The Conference 2014, June 10-12 at the New York Hilton Midtown. The event, with this year's theme as #WTFuture, is a unique opportunity for high-level, creative thought leaders in the entertainment marketing industry to meet, share ideas and...

2014-04-10 12:26:26

NEW YORK, April 10, 2014 /PRNewswire/ -- The CBS Television Network today announced that Stephen Colbert, the host, writer and executive producer of the Emmy and Peabody Award-winning "The Colbert Report," will succeed David Letterman as the host of THE LATE SHOW, effective when Mr. Letterman retires from the broadcast. The five-year agreement between CBS and Colbert was announced by Leslie Moonves, President and CEO, CBS Corporation, and Nina Tassler, Chairman of CBS Entertainment....

2014-04-03 20:21:43

NEW YORK, April 3, 2014 /PRNewswire/ -- "When Dave decided on a one-year extension for his most recent contract, we knew this day was getting closer, but that doesn't make the moment any less poignant for us. For 21 years, David Letterman has graced our Network's air in late night with wit, gravitas and brilliance unique in the history of our medium. During that time, Dave has given television audiences thousands of hours of comedic entertainment, the sharpest interviews in late...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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