January 8, 2008 |
In the latest unconventional move by a network to deal with the writers strike, CBS said Monday that it would air the first season of the Showtime serial-killer drama "Dexter" at 10 p.m. Sundays, beginning Feb. 17. It will mark the first time a full season of a premium cable drama series will be shown on network television. All 12 of "Dexter's" first-season episodes will be edited and broadcast on a dozen consecutive Sundays in the time slot occupied by "Shark," a CBS executive said.
November 16, 1999 |
CBS Corp., one of the biggest television and radio broadcasters, said it has completed its purchase of King World Productions Inc., the largest TV syndication company, for about $3.21 billion in stock. After about two months of delays, King World said 99% of its shareholders who cast ballots approved the sale to CBS. King World shareholders will get 0.81 of a share of CBS common stock for each of their King World shares. That's about $42.98 a share, or 2.
May 27, 2006 |
Howard Stern regained control of the master tapes from the last 20 years of his previous radio program in a settlement of the contentious lawsuit brought by his former bosses at CBS Radio. Stern's new employer, Sirius Satellite Radio Inc., agreed to pay $2 million to CBS Radio, CBS Corp.'s radio subsidiary, for the rights to the recordings, both sides said. Other details of the settlement remained confidential.
December 1, 1997 |
Westinghouse Electric Corp. will become CBS Corp. and move its headquarters from Pittsburgh to New York City today as part of the company's shift to media from its industrial roots. The company, founded 111 years ago as a maker of air brakes for trains, is assuming the name of the broadcast TV network it bought two years ago for $5.4 billion. Since then, Westinghouse has moved deeper into radio and TV, spending more than $9 billion to acquire stations.
May 12, 2006 |
A CBS Corp. lawyer told a judge that an agreement was near to settle a lawsuit against former radio host Howard Stern over his move to Sirius Satellite Radio Inc., a CBS executive said Thursday. CBS Radio sued Stern, his company, One Twelve Inc., his agent, Don Buchwald, and Sirius in February, alleging breach of contract, fraud, unjust enrichment and misuse of CBS broadcast time. It sought unspecified compensatory and punitive damages.
October 15, 2012 |
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.
December 24, 1998 |
CBS Corp. has named a longtime outside director to become the company's new chairman, leaving Mel Karmazin as the top executive in charge. David McLaughlin will succeed Chairman Michael Jordan, who is retiring, and take the post of nonexecutive chairman starting Jan. 1, CBS said Wednesday. Karmazin, currently the company's president, was tapped two months ago to assume Jordan's role of chief executive. Karmazin had been running CBS' day-to-day operations since being named president in April.
February 6, 2014 |
CBS is ready for some more football. Already home to a popular Sunday afternoon package of National Football League games, the network will add seven or eight Thursday night games to its strong prime-time lineup this fall. Those games had previously been telecast exclusively by the league's NFL Network. For fans, this means that more NFL football will be on broadcast television at a time when most sports have migrated to cable. The NFL Network is in about 72 million of the country's 115.6 million television homes - while just about everyone gets CBS. ON LOCATION: Where the cameras roll The agreement between the NFL and CBS is for just one year, with the league having an option to extend it to a second year.
September 3, 2013 |
"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.
September 2, 2013 |
After a monthlong blackout, Time Warner Cable Inc. and CBS Corp. reached an agreement that returned the broadcast network's programming to millions of frustrated subscribers in Los Angeles, New York and Dallas. The new distribution deal, which runs almost five years, came Monday afternoon after weeks of bitter negotiations and public posturing by the two media giants, with consumers caught in the middle. Besides CBS-owned stations including KCBS-TV Channel 2 and KCAL-TV Channel 9 in Los Angeles, the network's premium channel Showtime was blacked out in Time Warner Cable homes.