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Earnings
CBS Interactive Display Revs Rise 19 Percent

May 5, 2010 4:05 PM

As CBS and the other broadcast nets head into the heart of the upfront season, the ad recovery appears to be gaining momentum. The company’s revenues and profits were up by healthy amounts. But one of the clearest signs of a turnaround—and an indication that the expensive acquisition of Cnet…

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Posted In: Advertising, Media & Publishing, TV, Broadcast, Cable & Telecom, Money, Earnings, Companies, CBS, CBS Interactive

Industry Moves
Updated: CBSi’s Lurie Promoted To SVP-Strategic Dev Across CBS; Interview

Apr 28, 2010 10:38 AM

When Quincy Smith left CBS, former CNET CEO Neil Ashe was the natural successor to head CBS Interactive (NYSE: CBS). Now Zander Lurie, the unit’s EVP & CFO, is being promoted to SVP-strategic development for CBS, filling one of Smith’s other roles as in-house strategist for authentication and other initiatives.…

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Posted In: Industry Moves, Companies, CBS, CBS Interactive, CNET, zander lurie

New NCAA 14-Year, $10.8 Billion Deal With Turner & CBS Changes Terms For March Madness On Demand

Apr 22, 2010 12:06 PM

*CBS* Sports will keep the NCAA mens’ basketball championships in its lineup with a deal that marks the end of an era on the air and online. CBS (NYSE: CBS) and new partner Turner Broadcasting will pay the NCAA $10.8 billion over the course of a 14-year deal that starts…

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Posted In: Entertainment, Sports, Companies, CBS, CBS Interactive, Time Warner, Turner, march madness, ncaa, turner broadcasting, turner sports

Tiger Metrics: Day One Masters Traffic More Than Doubles For CBSSports.com

Apr 9, 2010 11:49 AM

Tiger Woods delivered on the course and online on the opening day of the 2010 Masters. The overall numbers are sure to be larger when Masters.com traffic is taken into effect but CBSSports.com alone had 556,090 uniques—more than double last year’s 239,013.  They watched 392,901 hours of live video, up…

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Posted In: Entertainment, Sports, Companies, CBS, CBS Interactive, cbssports.com, tiger woods

Updated: iPad Rush: CBS, ABC Create Special Stream Formats; Madison Ave. Scrambles

Apr 1, 2010 9:01 AM

TV networks and advertisers have been rushing to get ready for the release of Apple’s iPad on Saturday and from the looks of it, they all wish they had a little more time. The WSJ has a pair of articles detailing the initial efforts of ABC (NYSE: DIS) and CBS…

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Posted In: Advertising, Apps, Companies, Apple, iPad, iPhone, CBS, CBS Interactive, Disney, ABC, NBC Universal

Interview: CBS Thinks Last.fm Will Turn A Profit This Year

Mar 18, 2010 11:13 AM

After its 2007 acquisition, it doesn’t seem like CBS (NYSE: CBS) has been able to get the most from its $280 million Last.fm outlay. There’s been no TV scrobbling, no profit, the site’s key execs have left and fitting the trendy Silicon Roundabout, London, startup in to a U.S. megacorp…

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Posted In: Events, Guardian Media Group Events, Changing Media Summit, Companies, CBS, CBS Interactive, Last.fm, david goodman

CBS’ TV.com Aims For UK With Five VOD Deal

Feb 25, 2010 3:51 AM

By Chris Tryhorn: UK broadcaster Five has signed a deal with CBS (NYSE: CBS) to make programmes available on the US network’s on-demand video website TV.com. The partnership is a coup for CBS, allowing it to steal a march on its US rivals ABC (NYSE: DIS), Fox and NBC, whose…

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Posted In: Media & Publishing, TV, VOD, Companies, CBS, CBS Interactive, Five

Earnings
CBS’ Moonves And Redstone: Content Is King And TV Is The Jewel; Online Ads Rising In Q1

Feb 18, 2010 4:44 PM

After some effusive praise for CBS’ cost containment and ability to withstand the economic downturn, Sumner Redstone, executive chairman, CBS Corp. (NYSE: CBS), handed the call over to Les Moonves, CEO and president. Before hanging up, Redstone repeated a line he gave when introducing the Viacom (NYSE: VIA) earnings call…

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Posted In: Advertising, Media & Publishing, TV, Broadcast, Cable & Telecom, Money, Earnings, Companies, CBS, CBS Interactive

Earnings
CBS Interactive Ads Slip 5 Percent, As TV Ad Spend Rises

Feb 18, 2010 4:07 PM

In most cases, online is generally the bright spot on a company’s earnings report. But not in CBS’ case, as the Interactive segment’s 5 percent ad decline offset the 8 percent growth at the TV network and cable. No wonder CBS (NYSE: CBS) Research head Dave Poltrack was so incensed…

{earnings_data orderby="company" sort="asc" limit="6"} {/earnings_data}
EPS* Rev. vs Q408 Net Inc. vs Q408
N/A Revenue Indicator {rev}% Net Income Indicator {ni}%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Media & Publishing, TV, Money, Earnings, Companies, CBS, CBS Interactive

Interview: CBS Interactive’s Neil Ashe: Ad Nets Never Provided Value To Us

Dec 14, 2009 10:12 PM

*CBS* Interactive’s move to curtail its dealings with ad networks effective today represents one of the key ways Cnet has influenced its parent since being acquired for $1.8 billion last year. Madison (named for the avenue), the in-house online ad serving platform that CBS Interactive (NYSE: CBS) will rely on…

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Posted In: Advertising, Entertainment, Media & Publishing, Mobile, Companies, CBS, CBS Interactive

CBS Cuts Ties To Outside Ad Networks For Display, Launches Its Own

Dec 13, 2009 11:43 PM

Updated: *CBS Interactive* is cutting the cord on third-party ad networks and some online ad exchanges effective immediately, paidContent has learned. The company is preparing its own ad serving platform, dubbed Madison, to power the CBS Interactive (NYSE: CBS) Premium Ad Network for its group of properties, betting that it…

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Posted In: Advertising, Media & Publishing, Companies, CBS, CBS Interactive

Xbox Connection Funnels A Million New Subscribers To Last.fm

Nov 24, 2009 5:10 PM

*CBS* should be pleased with its choice to allow *Microsoft* to sync Xbox LIVE to Last.fm, as the partnership has already netted the streaming music service nearly a million new subscribers. Last.fm went live on Xbox last Tuesday, and both companies are already hyping the deal as a success in…

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Posted In: Entertainment, Gaming, Music, Companies, CBS, CBS Interactive, Last.fm, Microsoft, xBox

First Look: Zune, Twitter, Facebook And Last.fm On Xbox

Nov 18, 2009 8:10 AM

Four months after announcing the features, Microsoft (NSDQ: MSFT) added social networking and music radio functionality to its Xbox 360 console on Tuesday, along with the first European foray for its Zune brand (see earlier reports from Tameka and I). Here are my initial explorations with each new service…

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Posted In: Entertainment, Gaming, Music, Social Media, Companies, CBS, CBS Interactive, Last.fm, Facebook, Microsoft, xBox, Twitter

Video: Quincy Smith On Hulu: The Service Is Freakin’ Badass, But…

Nov 15, 2009 5:23 PM

Quincy Smith, the outgoing head of CBS Interactive (NYSE: CBS), spoke last week at NewTeeVee Live conference in SF, where he spoke about the future of online video, and the tension between online and the traditional TV side. A great line about promo value of online video for networks: “3…

Video embedded after the jump.. »

Posted In: Companies, CBS, CBS Interactive, quincy smith

Leading Voices
Five Media Deals I’d Like To See Happen In 2010, Round 2

Nov 13, 2009 12:01 PM

Mark May is a principal and senior internet and digital media research analyst at Needham & Company, LLC, a full-service growth-company investment bank. Ken Sonenclar’s Leading Voices piece on Thursday titled “Five Media Deals I’d Like To See Happen In 2010” was thoroughly thought-provoking. Here are my own thoughts around…

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Posted In: Features, Leading Voices, Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, CBS, CBS Interactive, Google, LinkedIn, Microsoft, New York Times, Scripps, Scripps Interactive, Time Warner, Viacom, Yahoo

Industry Moves Roundup: Twitter; Discovery; CBS Interactive; CBS

Nov 11, 2009 12:35 PM

—Twitter: Yahoo (NSDQ: YHOO) senior research scientist Utkarsh Srivastava—whose expertise is in building large-scale distributed systems—is joining the microblogging service in an unspecified role, Louis Gray reports. He confirms the move—on Twitter. —Discovery Communications: Todd Zander has been promoted to vice president of digital media distribution, tasked with expanding the…

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Posted In: Companies, CBS, CBS Interactive, Twitter

CBS Interactive Bets On New, Larger Ad Unit, ‘The Lightbox’

Nov 9, 2009 11:09 AM

Recent reports have suggested that display advertising is experiencing a tentative comeback, thanks in part to the adoption of larger ad formats over the past few months by publishers inside and outside the Online Publishers Association. CBS Interactive (NYSE: CBS), which posted 14 percent decline in revenues in Q3 last…

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Posted In: Advertising, Media & Publishing, Companies, CBS, CBS Interactive

Leslie Moonves, Quincy Smith And CBS: Three Years, A Couple Of Billion Later

Oct 28, 2009 8:45 PM

Quincy Smith came to *CBS* in late 2006 to make deals and make them he did—with just about everyone but Hulu. He had been advising CEO Leslie Moonves on corporate internet strategy as an investment banker for Allen & Co. In an interview with paidContent Wednesday afternoon about “the worst…

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Posted In: Media & Publishing, TV, Broadcast, Companies, CBS, CBS Interactive, leslie moonves, neil ashe, quincy smith

Industry Moves
Quincy Smith Leaving CBS In January; Signs Multi-Year Deal As Adviser

Oct 28, 2009 1:20 PM

It’s official. Deal maker Quincy Smith is leaving as CEO of CBS Interactive after three years to start a boutique consulting/M&A shop with CBS as the first client. The news, broken first by Kara Swisher, was announced by CBS this afternoon. (Release after the jump.) Neil Ashe will remain as…

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Posted In: Industry Moves, Social Media, Video, Companies, CBS, CBS Interactive, leslie moonves, quincy smith

Industry Moves
More Last.fm Old Timers Jumping From CBS’ Ship

Sep 25, 2009 12:55 PM

Several key Last.fmers who have been with the social music site since its early days will follow their founders out the door in the next few weeks, as CBS (NYSE: CBS) continues to struggle with the integration of its $280 million acquisition. —Head of music Jonas Woost (pictured), who has…

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Posted In: Industry Moves, Companies, CBS, CBS Interactive, Last.fm

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