CBS Corporation is a mass media company with parts that go back to the beginnings of the broadcast industry, as well as newer businesses. It has operations in most areas of media and entertainment, including over 30 national and local television stations; television production and syndication; cable television; nearly 150 radio stations; publishing (including Simon & Schuster), theme parks; digital media; and consumer products.
Recent Sector News
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Netflix gets cheers from value investor Tilson
Netflix (NASDAQ:NFLX) is getting the thumbs-up from a renowned value investor and other investors are following suit.
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Netflix posts better-than-expected Q1 profit; shares jump after-hours
Netflix Inc. (NASDAQ:NFLX), the subscription video-streaming service, reported a first-quarter profit versus a loss a year earlier as it added new streaming subscribers.
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AOL shares surge as Q4 profit beats on gains in advertising revenue
Web portal AOL’s (NYSE:AOL) shares surged over 11 per cent Friday, after the company posted fourth-quarter profit that topped estimates on a rise in advertising revenue.
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AOL swings to profit in Q3 as ad sales rise 7%
Web portal AOL (NYSE:AOL) Tuesday said it swung to a third-quarter profit thanks to a seven-per-cent rise in advertising revenue, beating estimates and sending its shares higher in premarket trading.
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Disney feels the Force as it buys Lucasfilm for $4.05 bln
The Walt Disney Co. (NYSE:DIS) late Tuesday stunned movie fans as it announced the acquisition of Lucasfilm - home of the 'Star Wars' franchise - for $4.05 billion.
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Pandora Media stock tumbles 20% on Apple music service talk
Pandora Media (NYSE:P) shares plunged Friday after reports said Apple (NASDAQ:AAPL) was in talks to license music for a rival online radio service.
