CBS Corporation Class B (CBS)
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Overview
News
People
Financials
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
Latest news from Portfolio
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Fox Up Against the WallAug 13 2008
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Saving TVAug 13 2008
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Staying the CourseJun 17 2008
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Summertime SlumpMay 21 2008
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CNET: CBS's YouTubeMay 15 2008
Overview
A mass media company with operations in the following segments: Television, Radio, Outdoor and Publishing.
Portfolio Articles
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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
News Feeds
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Redstone's vehicle to sell some Viacom, CBS shares
AP
Oct 10 2008
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Late-night talk show hosts joke about "that one"
AP
Oct 09 2008
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Second presidential debate watched by 63.2 million
AP
Oct 09 2008
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Ahead of the Bell: CBS downgraded
AP
Oct 09 2008
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Analyst: Entertainment stocks outlook uncertain
AP
Oct 08 2008
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Lawyer: CBS' 'fraud' hurt Rather's income
AP
Oct 08 2008
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List of top 20 shows in prime-time Nielsen ratings
AP
Oct 08 2008
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FCC investigating TV networks, military analysts
AP
Oct 07 2008
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TV scramble is muted
Buffalo
Oct 06 2008
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Some Indiana cable viewers missing CBS affiliates
AP
Oct 03 2008
Portfolio Blogs
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Poll: Could Week of Gaffes Help Palin in Debate?
Oct 02 2008
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First Bytes: Unhappy Bloggers, CBS, Nokia, more
Oct 02 2008
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Why CBS Owes John McCain a Thank-You Note
Sep 30 2008
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When the Product You're Placing Is Your Own
Jul 01 2008
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Late Breaks: CBS Could Have Saved $2 Billion
Jun 05 2008
Press Releases
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CSI: CBS's Cash Cow Oct-08-2008, 11:00AM EDT
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CBS & EcoZone(R) Call for San Francisco Entries in Their Green Schools Initiative Oct-07-2008, 12:14PM EDT
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Mimi Slavin Named Senior Vice President, Strategic Planning & Promotions, CBS Films Oct-06-2008, 12:06PM EDT
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Hollywood's Pay TV Problem Oct-02-2008, 12:00AM EDT
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CBS & EcoZone(R) Call for Entries in Their Green Schools Initiative Oct-01-2008, 10:45AM EDT
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
Frederic V. Salerno, Director
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
Joseph A. Califano, Jr., Director
Gary L. Countryman, Director
Shari Redstone, Director/Vice Chairman
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. |
| 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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