CBS Corporation Class B (CBS)

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Leslie Moonves , CEO/President/Director
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News
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Company Information

Leslie Moonves, CEO/President/Director

51 West 52nd Street

New York, NY 10019

US Map it

Phone: (212) 975-4321

Fax: (212) 975-6699

www.cbscorporation.com

Latest news from Portfolio


Overview

A mass media company with operations in the following segments: Television, Radio, Outdoor and Publishing.

Portfolio Articles
  • Fox Up Against the Wall
    Fox may be America's ratings leader, but its new Hole in the Wall reality show feels like a desperation move.
    Aug 13 2008
  • Saving TV
    The near-total control of mass culture by three omnipotent networks: gone. If this is the end of television as we know it, maybe it's also the beginning of something else. 

    Aug 13 2008
  • Staying the Course
    NBC has tragically lost Tim Russert; but as it moves forward, the network would be wise to remember what made him and Meet the Press great.
    Jun 17 2008
  • Summertime Slump
    So You Think You Can Watch: The Olympics and fresh cable offerings offer the most hope for TV’s second-string season.
    May 21 2008
  • CNET: CBS's YouTube
    CBS pays a big price for a lot of traffic, some potential, and a challenge.
    May 15 2008

See more news on this company

Portfolio Blogs

Employees

Number of Employees: 23,970
Revenue per Employee: $600,194

Top Executives

Anthony G. Ambrosio, Divisional Executive VP
Joseph R. Ianniello, Divisional Senior VP/Treasurer
Angeline C. Straka, Senior VP/Secretary/Other Corporate Officer

Gil Schwartz, Executive VP/Other Executive Officer
Susan C. Gordon, Senior VP/Controller/Chief Accounting Officer
Martin D. Franks, Divisional Executive VP

Fredric G. Reynolds, Executive VP/CFO
Louis J. Briskman, Executive VP/General Counsel
Martin M. Shea, Divisional Executive VP

Richard M. Jones, Senior VP/Other Corporate Officer

Board of Directors

Angeline C. Straka, Senior VP/Secretary/Other Corporate Officer
William S. Cohen, Director

Charles K. Gifford, Director
Sumner M. Redstone, Founder/Chairman of the Board/Director
Joseph R. Ianniello, Divisional Senior VP/Treasurer

Gary L. Countryman, Director
Shari Redstone, Director/Vice Chairman

Doug Morris, Director
Bruce S. Gordon, Director
Linda Griego, Director

Arnold Kopelson, Director
David R. Andelman, Director
Leonard Goldberg, Director

Financials

Quarterly
Annual

Income Statement 08/2008 04/2008 02/2008 11/2007
Sales 513.6 Mil. -117.8 Mil. 2.23 Bil. 1.86 Bil.
Gross Operating Profit 2.88 Bil. 3.77 Bil. 1.53 Bil. 1.43 Bil.
Operating Income before D & A (EBITDA) 2.88 Bil. 3.77 Bil. 829 Mil. 757.6 Mil.
Total Income Before Interest Expenses (EBIT) 2.77 Bil. 3.66 Bil. 628.5 Mil. 654.5 Mil.
Total Net Income 408.4 Mil. 244.3 Mil. 286.2 Mil. 343.3 Mil.
Basic EPS, Total 0.61 0.37 0.42 0.49
Diluted EPS, Total 0.61 0.36 0.44 0.48

BALANCE STATEMENT 08/2008 04/2008 02/2008 11/2007
Cash and Equivalents 813.9 Mil. 2.26 Bil. 1.35 Bil. 1.23 Bil.
Total Assets 5.23 Bil. 6.99 Bil. 6.03 Bil. 5.74 Bil.
Total Liabilities 4.7 Bil. 4.74 Bil. 4.4 Bil. 4.26 Bil.
Total Capitalization 29 Bil. 28.78 Bil. 28.54 Bil. 28.23 Bil.

Cash Flow 08/2008 04/2008 02/2008 11/2007
Net Cash From Continuing Operations 1.62 Bil. 1.03 Bil. 2.2 Bil. 1.89 Bil.
Net Cash From Investing Activities -1.79 Bil. 42.6 Mil. -135.1 Mil. -132.2 Mil.
Net Cash From Financing Activities -366.7 Mil. -157.4 Mil. -3.78 Bil. -3.61 Bil.
Net Change in Cash & Cash Equivalents -533 Mil. 912 Mil. -1.73 Bil. -1.85 Bil.

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Income Statement 2008 2007 2006
Sales 8.32 Bil. 8.42 Bil. 8.66 Bil.
Gross Operating Profit 5.75 Bil. 5.9 Bil. 5.87 Bil.
Operating Income before D & A (EBITDA) 3.08 Bil. 3.12 Bil. 3.17 Bil.
Total Income Before Interest Expenses (EBIT) 2.62 Bil. 2.6 Bil. -6.79 Bil.
Total Net Income 1.25 Bil. 1.66 Bil. -7.09 Bil.
Basic EPS, Total 1.74 2.17 -8.98
Diluted EPS, Total 1.74 2.15 -8.98

BALANCE STATEMENT 2008 2007 2006
Cash and Equivalents 1.35 Bil. 3.07 Bil. 1.66 Bil.
Total Assets 6.03 Bil. 8.14 Bil. 6.8 Bil.
Total Liabilities 4.4 Bil. 4.4 Bil. 5.38 Bil.
Total Capitalization 28.54 Bil. 30.55 Bil. 28.89 Bil.

Cash Flow 2008 2007 2006
Net Cash From Continuing Operations 2.2 Bil. 2.28 Bil. 1.91 Bil.
Net Cash From Investing Activities -135.1 Mil. 815 Mil. 4.77 Bil.
Net Cash From Financing Activities -3.78 Bil. -1.28 Bil. -7.58 Bil.
Net Change in Cash & Cash Equivalents -1.73 Bil. 1.42 Bil. 727.1 Mil.

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