$CBS (CBS Corporation)

$CBS {{ '2015-11-19T17:50:43+0000' | timeago}} • SEC

As of Sept. 30, 2015, $CBS had pending approx. 37,190 asbestos claims compared to approx. 42,560 as of Sept. 30, 2014. During 3Q15, $CBS received approx. 950 new claims and closed or moved to an inactive agenda of approx. 1,760 claims.

$DISH {{ '2017-11-24T13:09:04+0000' | timeago}} • Announcement

$DISH has reached a multi-year carriage agreement with $CBS for its owned and operated local stations, as well as CBS Sports Network, Pop, and Smithsonian Channel. The channels are currently being restored to DISH customers. Terms of this agreement were not disclosed.

$CBS {{ '2017-08-09T19:43:48+0000' | timeago}} • Webcast

$CBS signed an agreement with Fox to introduce Showtime to Southeast Asia. The company also signed a deal with Hotstar, to introduce Showtime brand to India for the first time. These two deals are said to begin a new recurring revenue stream for Showtime.

$CBS {{ '2017-08-09T19:31:19+0000' | timeago}} • Webcast

During 2Q17, $CBS entered into a four-year strategic content partnership with Imagine TV studios, under which $CBS will co-produce and co-own programming for CBS, CBS All Access and Showtime.

$CBS {{ '2017-08-07T21:47:53+0000' | timeago}} • Announcement

$CBS's in-house over-the-top subscription services, CBS All Access and Showtime OTT, continue to grow and are on track to surpass a combined 4MM subscribers by the end of 2017, says CEO Leslie Moonves.

$CBS {{ '2017-08-07T21:43:42+0000' | timeago}} • Announcement

During 2Q17, $CBS's Cable Networks posted 7% growth in its revenues to  $571MM, driven by higher affiliate and subscription fees. Publishing revenues was $206MM, up 10%. Local Media revenues rose 4% to $412MM during the quarter.

$CBS {{ '2017-08-07T21:34:43+0000' | timeago}} • Announcement

$CBS posted 9% growth in its 2Q17 revenue to $3.26Bil, helped by content like Twin peaks and NCAA basketball tournament. Net earnings during the quarter fell to $58MM, or $0.14 per share, compared to $423MM, or $0.94 per share during prior year period. Excluding items, $CBS earned $1.04 per share, up 12% from 2Q16.

$CBS {{ '2017-08-07T20:41:06+0000' | timeago}} • Infographic

$CBS CBS Corp. Earnings AlphaGraphics: Q2 2017 highlights

$CBS {{ '2017-08-07T14:44:06+0000' | timeago}} • Announcement

$CBS entered into a new agreement with $T to join DirecTV NOW live TV streaming service. Financial terms of the agreement were not disclosed. The channels for streaming include CBS, CBS Sports Network and Showtime.

$CBS.A {{ '2017-06-27T13:42:27+0000' | timeago}} • Announcement

Media firm $CBS.A $CBS has priced a debt offering of $400MM of 2.5% senior notes due 2023 and $500MM of 3.375% senior notes due 2028. The sale of the notes is expected to close on July 3, 2017. The company intends to use the proceeds from the offering to repay debt and for general corporate purposes including repayment of short-term borrowing.

$CBS {{ '2017-06-27T12:29:20+0000' | timeago}} • Announcement

$CBS announced the full redemption of its outstanding 4.625% senior notes due May 15, 2018. The redemption date is July 26, 2017. The aggregate principal amount of the notes outstanding on June 26, 2017, is $300MM.

$CBS {{ '2017-05-04T22:00:07+0000' | timeago}} • Webcast

$CBS said that it is interested in renewing the relationship with NFL. The company wants to have NFL in the prime time week after week and it loves the relationship with NFL.

$CBS {{ '2017-05-04T21:46:35+0000' | timeago}} • Infographic

$CBS CBS Corp. Earnings AlphaGraphics: Q1 2017 highlights

$CBS {{ '2017-05-04T21:38:21+0000' | timeago}} • Webcast

Being a content maker, $CBS said that it wants to sell the content and it likes to make different deals with $FB and $TWTR. The company added that it already has got some existing deals with $FB and $TWTR. $CBS believes that the combination with Facebook and Twitter will be a new source of revenue for it.

$CBS {{ '2017-05-04T20:29:02+0000' | timeago}} • Announcement

For $CBS in 1Q17, Cable Networks revenues rose 3% to $543MM and Publishing revenues jumped 11% to $161MM. Local Media revenues fell 9% to $409MM, while corporate expenses for the quarter were cut to $79MM from $84MM a year ago. CBS had a free cash flow of $651MM for the quarter.

$CBS {{ '2017-05-04T20:25:00+0000' | timeago}} • Announcement

In 1Q17, total revenues for $CBS slumped almost 7% to $3.34Bil, with its CBS Television Network broadcasting Super Bowl 50 and an additional National Football League playoff game. The media giant slipped to a net loss of $252MM or $0.61 per diluted share, from last year's earnings of $473MM or $1.03 a share.

$CBS {{ '2017-02-15T22:42:02+0000' | timeago}} • Webcast

$CBS is investing in content and is spending about 18% more in this area compared to a few years ago. The company believes the best use of capital would be to have a hit owned series and that these returns are significantly better than any other use of cash.

$CBS {{ '2017-02-15T22:31:18+0000' | timeago}} • Webcast

During 4Q16, $CBS’ Entertainment segment revenues totaled $2.39Bil compared to $2.46Bil in 4Q15. In Cable Networks, revenues were $501MM. In Publishing, revenues totaled $209MM, down 10% from 4Q15. In Local Media, revenues were $526MM, up 16% versus 4Q15.

$CBS {{ '2017-02-15T22:22:34+0000' | timeago}} • Webcast

In 4Q16, $CBS’ total advertising revenue was down 3% and underlying network advertising was down 2%. Licensing and distribution decreased to $893MM from 4Q15. Affiliate and subscription fee revenue was up 13% with retransmission and reverse comp up 25%.

$CBS {{ '2017-02-15T22:05:41+0000' | timeago}} • Announcement

$CBS entered into an agreement to merge CBS radio with a with a subsidiary of Entercom Communications Corp, on Feb. 2, 2017. In connection with the transaction, which is expected to be tax-free to $CBS and its stockholders, the Company intends to split-off CBS Radio through an exchange offer immediately prior to the merger.

$CBS {{ '2017-02-15T22:05:03+0000' | timeago}} • Webcast

$CBS signed a deal with $VZ in the retransmissions area which covers the CBS and CW stations, Showtime and Cable Networks. This was done on terms that are consistent with $CBS’ long-term target of achieving $2.5Bil of annual retransmissions and reverse comp revenue by 2020.

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