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January 17, 1988 | JAY SHARBUTT, Times Staff Writer
An embarrassed CBS fired a contrite Jimmy (The Greek) Snyder Saturday after the sports commentator said in a much-criticized television interview that blacks were "bred" to be better athletes than whites. Snyder, who outraged civil rights leaders with this and other remarks about blacks in sports, reiterated a "heart-felt apology" he made after the interview was televised Friday, but raised the possibility he may sue CBS for dropping him.
Tears will flow, hearts will rend and noses will sniffle all over America tonight as CBS airs the made-for-TV movie "Triumph of the Heart: The Ricky Bell Story." But the title notwithstanding, it will only be a small, somewhat fictive slice of the real Ricky Bell story. "We weren't doing the (complete) Ricky Bell story," said screenwriter Jeff Andrus, who spent a month last year researching the former USC football hero's life and tragic early death. "We were doing a narrow focus on his life."
November 9, 2004 | From Bloomberg News
The CBS television network has filed its formal opposition to the proposed $550,000 federal fine for airing indecent material on the Super Bowl halftime show, saying it didn't know in advance of plans to expose singer Janet Jackson's breast. "No one at the network knew, or had reason to suspect, that the halftime show would end with a glimpse of nudity," CBS, which is owned by Viacom Inc., said in a 78-page letter to the Federal Communications Commission.
February 17, 2001 | Reuters
Viacom Inc.'s CBS Television Network brought its Internet sites back under the control of the broadcast operations, a CBS spokesman said, becoming the latest media company to restructure its online businesses. The restructuring of and, which will put management control back into the hands of CBS TV instead of Viacom Internet Ventures, will result in limited job changes, the spokesman said.
April 1, 1988 | JAY SHARBUTT, Times Staff Writer
CBS President Laurence A. Tisch, whose company has sold off its records and other non-broadcast divisions to concentrate on broadcasting, said Thursday that the CBS television network "is not for sale." His assertion--in which he also denied that he may sell the 24.9% interest that his Loews Corp. holds in CBS--came in a three-page memo to CBS employees in which he decried recent gossip about his next moves.
November 15, 1997 | From Reuters
Westinghouse Electric Corp. said Friday that it agreed to sell its power-generation business to Siemens of Germany for $1.5 billion in cash as part of its plan to divest its industrial businesses and become a media company. Westinghouse said its divestiture timetable had been pushed back about six months but was expected to be completed by the middle of next year, after which it will be a "pure-play media company" led by its CBS television network.
August 7, 1996 | Times Staff and Wire Reports
Westinghouse 2nd-Quarter Profit Falls 6.9%: The largest U.S. broadcasting company's quarterly earnings fell as weaker results at its power systems businesses offset gains in broadcasting and a charge for environmental costs resulted in a loss. Westinghouse Electric Corp. also said it expects third-quarter earnings to drop from the second quarter's because advertising revenue and ratings at its CBS-TV network declined during NBC's Olympics coverage.
December 13, 2002 | Jon Healey
Viacom Inc., parent of the CBS television network and Paramount Pictures, has threatened to stop all high-definition TV broadcasts on CBS unless federal regulators mandate certain anti-piracy technologies by this summer. CBS is the leading source of free, over-the-air HDTV, transmitting most of its prime-time programs and many sports broadcasts in the format for the last four seasons. In comments filed Dec.
September 28, 1999 | From Bloomberg News
CBS Corp., which has bought at least five Internet-related companies since July, acquired a 40% stake in closely held Women's Consumer Network for $50 million in advertising over five years. The owner of the CBS television network said its Infinity Broadcasting Corp. unit, the second-largest U.S. radio company, will get part of the stake, based on how much advertising Women's Consumer Network does with Infinity stations.
November 22, 1994 | From Associated Press
In another rearrangement of the broadcasting landscape, CBS Inc. and NBC said Monday that they have agreed to swap several TV stations and other assets in four major cities. The deal gives National Broadcasting Co. a powerful station in Philadelphia, the nation's fourth-largest market, where it recently lost its affiliate to CBS. CBS gets stations in Denver and Salt Lake City, a stronger broadcast tower and a place on the dial for its Miami station.
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