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BUSINESS
August 8, 1997 | BRIAN LOWRY, TIMES STAFF WRITER
Leslie Moonves has been named president of CBS Television, expanding his responsibilities to include all aspects of network programming and distribution except for news and sports. In the wake of the move, CBS Television Network President James Warner, 44, will leave, his position having been eliminated. "I understand it," said Warner, who had been with CBS since 1989. "You need a single person at the top. . . . I thought a clean break made sense."
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ENTERTAINMENT
August 2, 2012 | By Meg James
Broadcasting giant CBS Corp. increased its second-quarter profit 8%, although the company's revenue slipped -- which might not ease concerns on Wall Street that the advertising market has cooled. For the quarter that ended June 30, the company beat analysts' profit estimates. CBS on Thursday reported net earnings of $427 million, or 65 cents a share, up from $395 million, or 58 cents, for the year-earlier period. CBS said its earnings were the highest in the company's history. CBS generated $3.47 billion in revenue in the quarter, down 3% from $3.59 billion in the second quarter of 2011.
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ENTERTAINMENT
November 30, 1991 | RICK DU BROW
Oh, it was a beautiful plan by CBS. The network had finally put "Dallas" out to pasture in May, and there were all those middle-aged and older Friday-night viewers just waiting for new programming that also would be tailored to their tastes. The strategy was simple: Concede the kids in the audience to ABC's dominant Friday lineup of such shows as "Family Matters" and "Perfect Strangers." Build up the resurgent CBS network where possible.
BUSINESS
August 3, 2011 | By Meg James, Los Angeles Times
CBS Corp.'s rich library of old television shows continues to pay dividends. The broadcasting giant's second-quarter profit more than doubled, helped in part by high-margin revenue that the company received through its program-licensing deal with Netflix Inc. Nonetheless, the bulk of CBS earnings were driven by its core businesses — television, radio and billboard advertising — as well as the syndication sale of the Kelsey Grammer sitcom...
ENTERTAINMENT
November 28, 1992 | RICK DU BROW
Calling Dan Quayle. Calling Dan Quayle. CBS knew how valuable the vice president was when the fall premiere of "Murphy Brown" went through the roof in the ratings--responding to Quayle's criticism of the series. The network's glittering Monday lineup looked untouchable as "Murphy Brown" and "Northern Exposure" were joined by two lively new series about romantic relationships, "Love & War" and "Hearts Afire," which both drew strong ratings in their early outings.
ENTERTAINMENT
January 20, 1994 | STEVEN HERBERT, TIMES STAFF WRITER
Although a mistrial has been declared in the Erik Menendez murder case and jury deliberations are continuing in the trial of his brother Lyle, both CBS and Fox are proceeding with projects based on the sensationalized Beverly Hills killings of their parents, Jose and Kitty Menendez. "It is incumbent on us to be very circumspect about what we say and where we put the emphasis," said Zev Braun, producer of a four-hour miniseries for CBS, targeted to air during the May ratings sweeps.
SPORTS
August 28, 2004 | Larry Stewart, Times Staff Writer
The free ride for golf fans is over. When CBS and the USA network televise the Masters tournament from Augusta National in Georgia next April, there will be commercials. After two years of no commercials, the old format of only four minutes of commercials an hour will be reinstated. Most telecasts have at least twice that many minutes an hour.
NEWS
February 19, 2008
"Dexter": An article in Sunday's Calendar section about the television show "Dexter" incorrectly said that Showtime and CBS are "sister networks under Viacom." While the CBS television network and Showtime are both part of the CBS Corp., they are not owned by Viacom.
ENTERTAINMENT
February 16, 1989 | ALEENE MacMINN, Arts and entertainment reports from The Times, national and international news services and the nation's press
How would CBS anchor Dan Rather feel if Japanese-owned Sony, which last year bought CBS Records for $2 billion, wanted to buy the CBS Television network? When Rather was asked that Wednesday in New York at a Japan Society lunch to publicized CBS News' coming big-scale trip to Japan, Rather initially joked about it, then said: "I wouldn't have any problem with it. We live in an interdependent economic world."
ENTERTAINMENT
February 24, 2010 | By Scott Collins and Maria Elena Fernandez
In a surprise development Tuesday that casts doubt on the rest of its season, television's top-rated sitcom, "Two and a Half Men," halted production after its star Charlie Sheen announced he was checking into a drug and alcohol rehabilitation clinic. "We wish him nothing but the best as he deals with this personal matter," said a statement attributed to CBS, Warner Bros. and executive producer Chuck Lorre, who, according to sources familiar with the situation, were caught off-guard by the actor's move.
ENTERTAINMENT
February 17, 2010 | By Scott Collins
Trouble and Charlie Sheen have never been strangers, but now the star's felony rap could cause major headaches for his TV bosses. Sheen was charged last week with felony menacing and two lesser counts in connection with a Christmas incident in which Aspen, Colo., police said he assaulted and threatened his wife, Brooke Mueller. Sheen, out on bail, didn't enter a plea and is due back for a court hearing March 15. If convicted, he could face three years behind bars. What does that mean for CBS' "Two and a Half Men," the No. 1-rated sitcom that stars Sheen as a caddish lout?
BUSINESS
October 7, 2009 | Meg James
At CBS, breaking up is hard to do. But not impossible. After two years of saying she would like to try something new, top CBS entertainment executive Nancy Tellem appears to be close to stepping down from her job running the CBS television network and TV production studio. CBS insiders confirmed that Tellem, president of CBS Network Television Entertainment Group, had been in talks with her boss, CBS Corp. Chief Executive Leslie Moonves, to assume a less hands-on role at the company.
BUSINESS
June 10, 2009 | Ben Fritz
CBS is finishing up a deal to renew "The Late Show With David Letterman" for two more seasons at a reduced rate. The network and Letterman's production company, Worldwide Pants, are putting the finishing touches on a contract extension to run the series in the 2010-11 and 2011-12 television seasons, according to a person close to the situation. The current deal was set to expire next spring.
ENTERTAINMENT
May 21, 2009 | Scott Collins; Maria Elena Fernandez
When they roll out their fall schedules, TV networks typically make their biggest headlines with new series. But CBS -- the only broadcaster to enjoy ratings gains in an otherwise glum television season -- on Wednesday raised eyebrows with gutsy moves for two returning shows. The network will shift "The Mentalist," television's most-watched new show this year, from Tuesday to a prominent Thursday spot behind "CSI: Crime Scene Investigation."
BUSINESS
May 13, 2009 | Scott Collins
As the networks get ready to roll out their fall schedules next week in New York, rival executives would be well-advised to take a close look at CBS' performance this season. With less than 10 days left in the traditional September-to-May TV calendar, CBS has earned bragging rights as the only big broadcaster to improve its performance this season compared with last. For the sixth time in the last seven years, the network is No. 1 in total viewers, averaging 11.
BUSINESS
January 7, 2003 | From Bloomberg News
CBS television network President Leslie Moonves told a judge that the hit show "Survivor" would suffer if rival ABC were allowed to broadcast a competing reality show Moonves called "pretty terrible." CBS, a unit of Viacom Inc., is asking U.S. District Judge Loretta Preska in New York to block Walt Disney Co.'s ABC from broadcasting an American version of the British hit "I'm a Celebrity ... Get Me Out of Here!"
BUSINESS
January 6, 2009 | Meg James
Longtime CBS television station executive Don Corsini has joined crosstown rival KTLA-TV Channel 5, becoming general manager and president of the Tribune-owned station. Corsini last summer decided to step down as general manager of CBS Corp.'s two Los Angeles stations -- KCBS-TV Channel 2 and KCAL-TV Channel 9 -- when his contract expired Wednesday.
ENTERTAINMENT
September 23, 2008 | Matea Gold, Times Staff Writer
A New York state Supreme Court judge Monday limited the scope of Dan Rather's $70-million lawsuit against CBS Corp., tossing out his claims that the network committed fraud and unlawfully interfered with his contract in his final months at the news division.
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