-
Media Execs Continue To Be The Most Highly Paid Regardless Of Stock Price
Tuesday, April 19, 2016 - 8:32am | 260Read More...The CEOs of media companies continue to be the most highly paid regardless of stock price, according to a tweet from Rich Greenfield of BTIG, citing a comprehensive view of company filings. The compensation of Philippe Pierre Dauman, the president, CEO and chairman of Viacom, Inc. (NASDAQ: VIAB),...
-
CBS, CW Superhero Crossover Nets Big Ratings For 'Supergirl'
Wednesday, March 30, 2016 - 8:38am | 349Read More...Recently, CBS Corporation (NYSE: CBS) revealed 11 of its biggest shows were being given early renewals for the upcoming fall season, but many noticed a few glaring omissions…namely its entire freshman class. CBS head Leslie "Les" Moonves previously went on record stating he expected the vast...
-
CBS Head Les Moonves Makes Predictions About His Network's Rookie Class
Wednesday, March 9, 2016 - 10:10am | 364Read More...Investors have learned that when CBS Corporation (NYSE: CBS)'s chairman, president and CEO Leslie "Les" Moonves speaks, it’s wise to listen. On Tuesday, Moonves spoke at the Deutsche Bank Media, Internet & Telecom Conference and discussed a variety of issues tied to his network. Yet,...
-
Sumner Redstone To Step Down As Head Of CBS; Moonves To Assume Role
Wednesday, February 3, 2016 - 7:02pm | 335Read More...Stocks in the Media group have gotten some solid post-market action Wednesday afternoon following a big management shake up related to legendary media magnate Sumner Redstone. CBS Corporation (NYSE: CBS) announced the resignation of the media mogul from the role of Executive Chairman; he has...
-
Is Apple's Streaming Video On Hold?
Wednesday, December 9, 2015 - 1:48pm | 533Read More...Apple Inc. (NASDAQ: AAPL)'s stock is volatile following new rumors that its streaming video may be on hold to develop its live TV service. The other half of Apple TV's rollout is said to be the streaming TV service, which is being developed as a platform for media companies to sell directly to...
-
Avago-Broadcom, Google Barrage And Thursday's Biggest Tech Stories...In JP Morgan's Eyes
Friday, May 29, 2015 - 11:40am | 419Read More...In a report published Friday, JP Morgan analyst Rod Hall summarized Thursday's top Wall Street stories. Avago Acquires Broadcom, Says HDD Demand Stabilizing Avago Technologies Ltd (NASDAQ: AVGO) announced its intentions to acquire Broadcom Corporation (NASDAQ: BRCM) for $37 billion....
-
CBS CEO: 'When Apple Calls, You Always Listen'
Wednesday, May 27, 2015 - 4:35pm | 352Read More...Apple Inc. (NASDAQ: AAPL) is in talks with a host of broadcasters, including local ones, for the launch of its web streaming TV service. CBS Corporation (NYSE: CBS) CEO Les Moonves was on CNBC Wednesday to reveal the kind of talks he is having with Apple regarding Apple TV programming. The Deal...
-
CBS Reports Strong Q4 Revenue and Earnings
Thursday, February 12, 2015 - 7:14pm | 219Read More...CBS Corporation (NYSE: CBS.A) (NYSE: CBS) reported financial results Thursday for the fourth quarter of 2014. Revenue came in at $3.68 billion for the fourth quarter and were up 3 percent from $3.57 billion for the same quarter in 2013. Net earnings per diluted share grew 8 percent, to $0.77...
-
Amazon Paid $700K For Each Episode Of 'Under The Dome'
Wednesday, December 11, 2013 - 4:28pm | 461Read More...Amazon (NASDAQ: AMZN) seems to have paid a fairly high price for CBS' (NYSE: CBS) hit drama. During a UBS investor conference, CBS Chief Exec Les Moonves said that Amazon paid $700,000 for the digital streaming rights of each episode of Under the Dome. It's not uncommon for TV networks to spend $...
-
Cable Satellite Providers May Clone Aereo
Tuesday, October 29, 2013 - 2:11pm | 585Read More...The face of broadcast television, at least the part that makes money from cable and satellite providers, may be about to change. Bloomberg reported that DirecTV (NASDAQ: DTV), Time Warner Cable (NYSE: TWC) and Charter Communications (NASDAQ: CHTR), are looking into capturing broadcast-TV signals...
-
CBS Won't Buy Hulu, Might Terminate Free TV
Wednesday, May 1, 2013 - 12:56pm | 625Read More...New York residents might soon have to pay for their favorite CBS (NYSE: CBS) TV shows. According to Bloomberg, CBS Chief Executive Les Moonves said that the network will switch to cable if Aereo wins the right to re-transmit shows without permission. Moonves did not stop there. He also told...
-
KB Home Earnings Preview: A Surge in Q1 Revenue Expected
Thursday, March 22, 2012 - 7:05am | 919Read More...KB Home (NYSE: KBH) is scheduled to report first-quarter fiscal 2012 results tomorrow, March 23, before the markets open. The homebuilder reported a profit last quarter, ending a three-quarter string of losses, as well as a year-over-year revenue increase that broke a streak of three consecutive...
-
Has the Sparkle Come Off the Tiffany Network?
Friday, November 4, 2011 - 12:48pm | 918Read More...CBS Corporation (NYSE: CBS) reported third quarter earnings last night that were mixed, and might have some investors questioning whether CEO Les Moonves is slipping on some fronts. The entertainment company reported third quarter earnings of 50 cents per share on $3.37 billion in revenues....
-
Why Reed Hastings Might Be Getting Desperate
Thursday, October 13, 2011 - 12:07pm | 900Read More...Earlier today, news came out that CBS (NYSE: CBS) and Warner Bros. Television had signed a deal with Netflix (NASDAQ: NFLX) to instantly watch previous seasons of scripted series that air on The CW from its current schedule through the 2014-15 season. Included in the deal are the new seasons of...
-
Les Moonves Says CBS Could Get Involved With Hulu Eventually
Tuesday, September 20, 2011 - 2:06pm | 58Read More...Jeanine Poggi, columnist at TheStreet.com tweeted that CBS (NYSE: CBS) CEO Les Moonves said he could see the potential for CBS content to go on Hulu Plus. Monves is making these comments at the Goldman Sachs' Communicopia conference today. Shares of CBS are off 1 cent to $24.44 on the day.
