CBS Addresses Les Moonves Exit
by Kaitlin Milligan - Sep 10, 2018
CBS Corporation (NYSE: CBS.A and CBS) ('CBS' or 'the Company') today announced a settlement agreement with National Amusements, Inc. ('NAI'), members of the CBS Board of Directors, and related parties. Under the terms of the settlement, which have been approved by the Boards of Directors of CBS and NAI, the parties agreed to dismiss their pending litigation in Delaware. The full Board of CBS (following the unanimous recommendation of the Special Committee of the Board) has unanimously rescinded the previously announced Class A share dividend, and NAI has amended the Bylaws to undo the previous amendments that it adopted following filing of the Delaware litigation.
CBS Launches CBS SPORTS HQ, Streaming Network for Sports News, Highlights, and Analytics
by Macon Prickett - Feb 26, 2018
CBS today launched CBS SPORTS HQ, a 24-hour streaming sports news network offering news, highlights and analysis, easily accessible for free on connected devices. The new digital network is a collaboration between CBS Sports and CBS Interactive and allows sports fans to watch full-day, live, anchored coverage featuring game breakdowns and the day's top sports storylines.
CBS Corporation to Acquire Network Ten in Australia
by Caryn Robbins - Aug 28, 2017
CBS Corporation (NYSE: CBS.A and CBS) has agreed to acquire Network Ten, one of three major commercial broadcast networks in Australia, it was announced today by Chairman and CEO Leslie Moonves.
CBS All Access to Expand Internationally
by Caryn Robbins - Aug 8, 2017
CBS Corporation (NYSE: CBS.A and CBS) has announced that it is expanding the availability of CBS All Access internationally through a partnership of its CBS Interactive and CBS Studios International divisions. CBS All Access, the Company's digital subscription video on-demand and live streaming service, will launch initially in Canada in the first half of 2018, with other markets to follow.
CBS Corporation and Imagine Television Enter Into Strategic Partnership
by Caryn Robbins - Jul 31, 2017
CBS Corporation Chairman and CEO Leslie Moonves and Imagine Entertainment Chairman Brian Grazer announced today that Imagine Television Studios and CBS Corporation have entered into a four-year co-financing and first look agreement for scripted and unscripted television and long-form digital programming.
CBS Corporation Announces New Leadership Team for its Entertainment Division
by A.A. Cristi - May 30, 2017
CBS Corporation announced today a new leadership team for its Entertainment division, promoting long-time Entertainment executive Kelly Kahl to President, CBS Entertainment, and naming veteran creative executive Thom Sherman to the position of Senior Executive Vice President, Programming.