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ENTERTAINMENT
April 4, 2013 | By Meg James
CBS executives are not wasting any time after buying 50% of the TV Guide Network, announcing plans to heat up the cable channel's evening schedule with the No. 1 daytime drama, "The Young and the Restless. " Beginning this summer, encore episodes of the popular soap will run on the TV Guide Network, also known as TVGN, at 7 p.m. on the same day as their telecast on the top-rated CBS network. The fan-favorite drama, which is owned by Sony Pictures Television, has been enjoying a second run in cable for many years on SOAPnet, a cable property of Walt Disney Co.  However, Disney has said it eventually wants to turn SOAPnet into a channel called Disney Jr. with programming aimed at tots.  PHOTOS: Hollywood Backlot moments Repeats of "The Young and the Restless" will remain on SOAPnet until this summer, when they will shift to TVGN.
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ENTERTAINMENT
January 24, 2014 | By Meg James
Although he rarely makes it into the office these days, Sumner Redstone continues to collect a handsome executive compensation package. The 90-year-old controlling shareholder of Viacom Inc. received a package valued at $36.2 million in 2013 in his role as executive chairman of the New York cable television and movie company, according to a filing Friday with the Securities and Exchange Commission. That represented a 50% increase over Redstone's 2012 Viacom compensation of $24.2 million.
ENTERTAINMENT
July 29, 2013 | By Scott Collins, A correction has been added to this post, as indicated below.
"Absolutely appalling. " That's how the head of CBS describes some of the racial slurs heard this summer on the network's reality staple "Big Brother. " "I find some of the behavior absolutely appalling," CBS Corp. Chief Executive Leslie Moonves -- whose wife, Julie Chen, hosts "Big Brother" -- told reporters Monday morning at the TV press tour in Beverly Hills. "Unfortunately, it's a reflection of what some people in America are feeling," he added. GinaMarie Zimmerman, one contestant on this season's show, was heard making derogatory remarks about blacks and Asians.
BUSINESS
March 28, 2008 | From Times Wire Services
CBS Corp. named John Nogawski president of television distribution, responsible for "The Oprah Winfrey Show," "Jeopardy!" and "Dr. Phil." Nogawski will oversee all creative, business and administrative operations for domestic TV syndication, New York-based CBS said. He reports to Chief Executive Leslie Moonves.
BUSINESS
August 5, 2006 | From Bloomberg News
CBS Corp.'s Paramount Network Television named Glenn Geller senior vice president, current programming, replacing Tom Russo. Geller, formerly a programming executive with the CBS network, will oversee prime-time series at the Los Angeles-based studio. He will report to division President David Stapf.
BUSINESS
September 7, 2007 | From Times Wire Services
CBS Corp. said it would buy in-store programming and advertising company SignStorey Inc. for $71.5 million in cash to expand its out-of-home business. SignStorey has installed video displays that show ads delivered by satellite in supermarkets in six of the top 10 markets in the U.S.
BUSINESS
August 20, 2008 | From Times Wire Services
CBS Corp. hired Jennifer Bresnan to lead development of reality shows, replacing Ghen Maynard. Bresnan, named senior vice president of alternative programming, will oversee reality shows such as "Survivor" and report to CBS Entertainment President Nina Tassler, the New York company said. CBS hired Bresnan from the CW Network, where she supervised programs that included "America's Next Top Model."
ENTERTAINMENT
July 10, 2013 | By Greg Braxton
Does CBS have a double standard when it comes to potentially offensive jokes and comments about minorities? It appears so, judging from the network's recent stance in the brewing controversy over racist barbs made by contestants on its reality show "Big Brother. " The network moved quickly to criticize the "Big Brother" remarks and distance themselves from the contestants, saying the remarks "reveal prejudices and other beliefs that we do not condone. " PHOTOS: Cable versus broadcast ratings However, CBS' scripted shows apparently are a different reality.  Key characters in popular CBS' shows, including  “2 Broke Girls” and “Mike and Molly,” have regularly made jokes about minorities that some critics and advocacy groups argued were offensive.
BUSINESS
April 14, 2007 | From Bloomberg News
CBS Corp. paid Chief Executive Leslie Moonves $28.6 million for last year, more than twice what Chairman Sumner Redstone received. Moonves was paid $5.61 million in salary and a $15-million bonus, New York-based CBS said. Redstone got $12.2 million including $3.1 million in salary and a $7.32-million bonus.
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