June 9, 2006 |
CBS Corp., which already sells episodes of its hit television shows "Survivor" and "CSI" on Google Inc.'s online video store, is now offering the downloads on Apple Computer Inc.'s iTunes Music Store. Apple's online store carries other shows from ABC, NBC and Fox. It previously offered some CBS programming, such as NCAA basketball, but not prime-time hits.
December 24, 2006 |
CBS Corp. ignored warning signs that singer Janet Jackson might expose her breast during the 2004 Super Bowl halftime show, the U.S. Federal Communications Commission told an appeals court. The FCC, in a 62-page response to a CBS appeal of its $550,000 regulatory fine, said the television broadcaster should pay the penalty for airing indecent material at a time when children might be watching.
August 18, 2006 |
CBS Corp. plans to broadcast its evening news show with Katie Couric live on the Internet to extend the show's reach. Simultaneous broadcasts will begin with the show's debut at 6:30 p.m. Sept. 5, CBS said. The program will be the first network evening news to be shown live on the Web, the company said. The webcast will be advertiser-supported and free to viewers who register, CBS said.
May 20, 2008 |
A premium cable TV channel being set up by Viacom Inc.'s Paramount Pictures, MGM Studios Inc. and Lionsgate Entertainment Corp. has hired former Showtime executive Mark Greenberg to become its chief executive. Plans for the channel were announced last month after the studios could not reach a deal to continue to supply their movies to Showtime, the premium channel that belongs to CBS Corp.
July 1, 2008 |
CBS Corp., the U.S. broadcaster controlled by Sumner Redstone, completed its $1.8-billion acquisition of CNet Networks Inc., becoming one of the 10 largest website companies. CNet, along with existing Internet businesses, will form a new digital division led by Quincy Smith, New York-based CBS said. Chief Executive Leslie Moonves sought CNet, owner of GameSpot.com and TV.com, to add Web businesses that are growing faster than the company's television and radio networks.
June 24, 2008 |
CBS Corp., the broadcaster controlled by billionaire Sumner Redstone, acquired about 78% of CNet Networks Inc. through a tender offer after the companies agreed to a $1.8-billion takeover in May. About 119.2 million CNet shares were tendered as of Friday, CBS said. The firm will acquire CNet's remaining shares through an offer expiring at midnight Wednesday.
July 16, 2013 |
Platinum Equity, the Los Angeles-based private equity firm, announced Tuesday it will buy CBS Corp.'s international billboard division for $225 million. Known as CBS Outdoor International, the division has billboards in the U.K., France, Ireland and other European countries. “CBSO International is a well-established brand with valuable media assets and broad reach throughout Europe,” said Bastian Lueken, head of Platinum Equity's European merger and acquisitions team. Photos: Top 10 Southern California companies Platinum Equity is run by chairman Tom Gores.
October 22, 2013 |
CBS Corp. has hired Hilary Estey McLoughlin as president of creative affairs for its distribution unit, overseeing such popular programs as "Judge Judy," "Entertainment Tonight," "Doctor Phil" and "Rachael Ray. " Estey McLoughlin left Warner Bros. this past summer in a shake-up that followed Warner Bros.' hiring of Mike Darnell , former reality wizard of Fox Broadcasting. Estey McLoughlin had been president of Warner Bros.' Telepictures Productions for nearly seven years.
November 11, 2013 |
Louis J. Briskman plans to retire next month from his role as general counsel of CBS Corp. A mainstay of the broadcasting company, Briskman first joined CBS in 1975 when it was Westinghouse Electric Corp. He has served as the top lawyer for four public corporations, including Aetna Inc., Group W (the broadcasting subsidiary of Westinghouse) and Westinghouse Electric. After his stint at Aetna, Briskman rejoined CBS in September 2005, just four months before the CBS breakup with Viacom Inc. At that point, CBS became a separate publicly traded company.
November 4, 2005 |
Marking its entry into the competitive field of cable sports, CBS said it was buying College Sports Television Networks Inc. for $325 million in a stock transaction expected to be completed early next year, after CBS parent Viacom Inc. splits into two companies. The deal is likely to be the first major acquisition for the new CBS Corp. under Chief Executive Leslie Moonves.