Revenues were up 12% to $3.92 billion in Q1 for CBS Corporation, with Executive Chairman Sumner Redstone and CEO Les Moonves hailing it as a record quarter for the company. Entertainment, including ...

President Donald Trump expressed unhappiness with the owners of Paramount Skydance Corp. over CBS News coverage of his presidency, in the latest signal of how he may be leaning in the battle to ...

CBS News is rebooting its streaming efforts, expanding live coverage, lengthening shows like The Daily Report with John Dickerson and rebranding its flagship service. Formerly known as the CBS News ...

CBS Sports CEO David Berson said the volatility at parent company Paramount Global, which is laying off 15% of its U.S. workforce and preparing to merge with Skydance Media, isn’t taking his division ...

January 24, 2006 (New York, NY) - CBS Corporation and Warner Bros. Entertainment today announced their intent to form a new 5th network, The CW, to be launched in the fall of 2006. The new ...

At an "Upfront for Investors," the company says there could $3 billion in annual revenue from digital distributors like Netflix, new international TV markets, retrans and other emerging opportunities.

The new business unit within CBS Interactive brings together the Company’s industry-leading digital music assets, including CBS Radio’s more than 100 music websites and online audio streams, and its ...

April 16 (Reuters) - CBS Corp said on Wednesday that the Internal Revenue Service gave a favorable ruling to the company's plan to convert its outdoor advertising subsidiary, CBS Outdoor Americas Inc, ...

Last week’s deal struck by CBS Corporation for a new $2 billion credit facility has erased any lingering concerns about the company’s near-term liquidity, says Moody’s Investors Service. The credit ...

LONDON/NEW YORK (Reuters) - CBS Corp. said on Wednesday it bought Last.fm, the online music service that allows fans with similar tastes to connect, for $280 million in a bid to attract young ...

NEW YORK (Hollywood Reporter) - CBS Corp. is doing some belt-tightening at its TV stations and news division, amid a tough media environment and declines in television and print news outlets. Sign up ...

In another move to build out its social networking presence, CBS Corp. announced Wednesday that it has acquired Last.fm Ltd., a social network for music fans, for $280 million in cash. London-based ...