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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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BUSINESS
August 29, 2013 | By Meg James
Justin Bass is a big Los Angeles Dodgers fan, but for nearly four weeks he has been shut out of the action. The continuing contract dispute between television giants CBS Corp. and Time Warner Cable Inc. has blacked out the CBS-owned KCBS Channel 2 and KCAL Channel 9 in more than 1 million Los Angeles homes served by the cable company. Time Warner Cable customers like Bass, unless they have installed an over-the-air antenna to capture the broadcast signal, have missed nine Dodgers games that have aired on KCAL.
ENTERTAINMENT
September 3, 2013 | By Greg Braxton, Los Angeles Times
"Big Brother" contestant Aaryn Gries, whose racial and homophobic slurs have sparked a firestorm - and high ratings - for the CBS reality show, has at least one ally - her mother. Just days after Gries was evicted from the "Big Brother" house, Elizabeth Owens is speaking out in a statement to The Times, chastising her daughter but declaring that the remarks are not reflective of Gries' upbringing or her true character. "While I love and continue to support my daughter Aaryn, words cannot describe my disappointment in some of her comments made on 'Big Brother,'" Owens wrote.
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
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."
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.
ENTERTAINMENT
October 15, 2012 | By Meg James
CBS Corp. is not about to lose Leslie Moonves. The 63-year-old chief executive has signed a new five-year deal, long in advance of his previous contract expiring in 2015. Moonves' new employment agreement, announced Monday, will keep the veteran television executive at the helm of the media company at least through June 2017. “This agreement secures the company even further into the future," Sumner Redstone, the company's chairman said. The terms of the new contract stipulates that Moonves' salary will remain at its current level, CBS said in a statement.
BUSINESS
February 6, 1997 | Bloomberg News
Westinghouse Electric Corp. said it will be known as CBS Corp. after it spins off its industrial businesses later this year to create a pure broadcasting company. The media company will also use the CBS "eye" as its logo. The decision to use the CBS name and logo came after a $30,000 study by corporate-identity consultant Lippincott & Margulies concluded CBS was a logical choice because it's recognized around the world.
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