CBS Corp. (TV broadcast & cable properties only)

Link

by  PATTY TERHUNE

 

CBS Corporation Logo - photo courtesy of imgarcade.com (1)

CBS Corporation Logo – photo courtesy of imgarcade.com (1)

Headquarters

51 W. 52nd Street

New York, NY 10019-6188

1-212-975-4321

www.cbscorporation.com

 


 

Key Executives

sumner

Sumner Redstone, Executive Chairman (2)

Leslie Moonves, President and Chief Executive Officer, CBS Corporation (3)

Leslie Moonves, President and Chief Executive Officer, CBS Corporation (3)

Anthony G. Ambrosio, Senior Executive Vice President, Chief Administrative Officer and Chief Human Resources Officer, CBS Corporation (4)

Anthony G. Ambrosio, Senior Executive Vice President, Chief Administrative Officer and Chief Human Resources Officer, CBS Corporation (4)

 

 

 

 

 

 

 

 

 

 


About

CBS Corporations holds the most watched television network in the U.S., CBS Broadcast Network, and is one of the largest players in creating global content (5). While the company’s holdings span nearly every medium (cable, publishing, radio, film and more), they play a particularly strong roll in television. They have 29 television holdings including CBS, CBS Sports Network, The Smithsonian Channel, The CW (a 50/50 joint venture with Time Warner’s Warner Bros.), Decades (a 50/50 joint venture with Weigel Broadcasting), Pop (a 50/50 joint venture with Lionsgate), and the Showtime Networks (6). The CBS Network is home to the #1 drama scripted program, NCIS, the #1 sitcom, The Big Bang Theory, the #1 newsmagazine, 60 Minutes, and the #1 daytime drama, The Young and the Restless (7).

 

The CBS "Eye" Logo - photo courtesy of logos.wikia.com (8)

The CBS “Eye” Logo – photo courtesy of logos.wikia.com (8)

History 

CBS Corporation, often referred to as “The Eye Corporation” because of the company’s memorable logo, was founded in 1941. The company started as a radio heavyweight in 1927. The company was also formerly known as “The Tiffany Network” since the company maintained such a high quality of programming under its founder William S. Paley (9). The company has held many official names over time. However, in its time as a broadcast network it has only gone by three names. From 1928 until 1974 it held the name Columbia Broadcasting System, Inc. In 1974 it was shortened to CBS Inc. As of 1997 the official company name is CBS Corporations (10).

 

Viacom's logo - courtesy of cbsnews.com (?)

Viacom’s logo – courtesy of cbsnews.com (13)

In 2000 Viacom purchased CBS (11). This is particularly noteworthy as Viacom was originally created as a spin-off of CBS in 1971 (12). However, in 2005, Viacom split itself into two entities, keeping Viacom and CBS Corporation separate. Sumner Redstone, who is a heavy hitter in media as both the chairman of National Amusements and the Executive Chairman of Viacom, still currently owns CBS.

The CBS Building in New York City - image courtesy of digitaltrends.com (?)

The CBS Building in New York City – image courtesy of digitaltrends.com (14)

Financials

CBS is traded on the NASDAQ under the abbreviation CBS. As of April 16th, 2015 the stock was being traded for $61.78. At a record low on September 9th, 2009 the stock was being traded for $3.06. Since then the stock as been increasing and is currently within a dollar of its highest asking price ever (15). The fourth quarter revenues for 2014 were up 3% from last quarter, hitting $3.7 billion and the diluted earnings per share were up 8% to $.77. This was CBS Corporation’s best fourth quarter revenue and diluted EPS to date (16).

 

Channel News

The Harris Poll logo - courtesy of whatsupwiththat.com (?)

The Harris Poll logo – courtesy of whatsupwiththat.com (17)

Television Network Brand of the Year in 2015 Harris Poll Equitrend Study

The Harris Poll Equitrend Study is an annual study conducted by Harris Poll on brand equity. The EquiTrend Brand Equity Index rates companies on their familiarity, quality and consideration. The Harris Polls have become a staple in the media industry – due to its ability to give relevant insights to the industry after comprehensive and precise public opinion polling. In its 27th annual study in 2015, CBS Corporations took home first place (7).

Showtime's Logo - courtesy of sho.com (?)

Showtime’s Logo – courtesy of sho.com (18)

Bell Media and CBS Corporation Announce Long-Term Contract To Bring Showtime to Canada

For the first time, Showtime and the entirety of its media content will be brought the Canada. In an unprecedented deal between Bell Media and CBS Corporation, hundreds of hours of past, present and future Showtime programming will be brought the Canada and accessible on all Bell Media platforms. This will open up hundreds of thousands of new potential consumers for the already esteemed network (19).

CBS All Access - courtesy of slashgear.com (?)

CBS All Access – courtesy of slashgear.com (20)

CBS All Access Meets with Affiliates

In mid-April, CBS met with affiliates to discuss their over-the-top streaming service, CBS All Access. Among these affiliates was Steve Hammel, VP and general manager at Capital Broadcasting’s WRAL Raleigh. He, as well as other affiliates, was optimistic about the future of the service and seemed willing to work together to increase the reach of both themselves and the network. However, like many, he said that he would wait until more information was available to opt-in. As of last month, the service has 100,000 subscribers. Currently, a dozen station groups, as well as all stations owned-and-operated by CBS, are on board, representing 55% of all households (21).

CBS Studios - image courtesy of onelip.com (?)

CBS Studios – image courtesy of onelip.com (22)

Company News

Viewers to Volunteers logo - image courtesy of cbsaltitudegroup.com (?)

Viewers to Volunteers logo – image courtesy of cbsaltitudegroup.com (23)

CBS-Toyota Charity App

Viewers to Volunteers, or V2V, is a Toyota sponsored app run by CBS where viewers can give to charity without needing to open their wallet. Viewers watch short video clips, like a CBS news clip about Toyota or a documentary-type clip about a local area hospital, to gain credits. These credits can be exchanged for donations to causes like the Special Olympics or Meals on Wheels America, which CBS will make. CBS is advertising the application on four CBS owned-and-operated stations, as well as by collaborating with non-profit partners such as the Starlight Children’s Foundation to help expand reach. The application premiered nationally in April (24).

 

Neilsen's logo - image courtesy of evigo.com (?)

Nielsen’s logo – image courtesy of evigo.com (25)

Data-Driven Initiative for Network Advertisers

CBS has introduced a new-data driven style to analyzing the effectiveness of advertising. They are called it the Campaign Performance Audit or CPA. They have been trialing this technique on specific advertisers since last fall. However, they are now opening it up to all advertisers that are looking to take advantage of Nielsen analytics to make sure that they get the best return on investment in the company (26).

 

David Rhodes - image courtesy of cbsnews.com (?)

David Rhodes – image courtesy of cbsnews.com (27)

David Rhodes Extends Contract as President of CBS News through 2019

CBS News President David Rhodes who has held the position since 2011, will continue as president of the news division of CBS until 2019. Rhodes was one of the creators of CBS This Morning and also helped to expand Face the Nation with Bob Schieffer and is credited with helping it become the #1 Sunday Public Affairs Show. In addition to his work in broadcast, he also spearheaded CBSN, which is the first digitial streaming news network and has made major contributions the news on CBSNews.com and on CBS News Radio (28).

 

Interns Tour CBS Channel 2 in NYC - image courtesy of red-pr.com (?)

Interns Tour CBS Channel 2 in NYC – image courtesy of red-pr.com (29)

CBS Corporation and CBS Radio being Sued By Former Intern

Former CBS Radio intern Camille Demere, who was an intern into 2009-2010, filed a class-action-seeking complaint in January of 2015 for unfair treatment as an intern by being “excluded from minimum wage.” In March the company responded by saying that they want the entire case thrown out. They also requested that the court deny every request that the Plaintiff (Demere) had, and reimburse the Defendant (CBS Corp.) for all costs spent in defending the law suit (30).

Sources

(1) “CBS Logo,” Imgrarcade, RT: 4/17/15

(2) “Sumner Redstone,” CBS Corp, RT: 4/17/15

(3) “Leslie Moonves,” CBS Corp, RT: 4/17/15

(4) “Anthony G. Ambrosio,” CBS Corp, RT: 4/17/15

(5) “About CBS,” CBS Corp, RT: 4/17/15

(6) “Who Owns The Media?” FreePress, RT: 4/17/15

(7) “2015 Brand of the Year,” CBS Corp, RT: 4/17/15

(8) “CBS Eye,” Logos.wikia, RT: 4/17/15

(9) “Creator: CBS,” TVTropes, RT: 4/17/15

(10) “CBS Corporation,” Encyclopedia Brittanica, RT: 4/17/15

(11) “Viacom Set to Acquire CBS,” Partners.NYTimes, RT: 4/17/15

(12) “Viacom Inc. History,” FundingUniverse, RT: 4/17/15

(13) “Viacom Makes Split Official,” CBSNews, RT: 4/17/15

(14) “Transaction in Own Shares,” Article.wn, RT: 4/17/15

(15) “CBS,” Nasdaq, RT: 4/17/15

(16) “Investor Relations,” CBS Corp, RT: 4/17/15

(17) “Harris Polls,” Whatsupwiththat, RT: 4/17/15

(18) “Showtime,” Sho, RT: 4/17/15

(19) “CBS, Bell Media Pact,” Deadline, RT: 4/17/15

(20) “CBS All Access,” Slashgear, RT: 4/17/15

(21) “CBS Station Chiefs Ponder All Access Offer,” BroadcastingCable, RT: 4/17/15

(22) “Judge Throws Out Fraud Claim,” Onelip, RT: 4/17/15

(23) “Turning Viewers into Volunteers at CBS,” CBS Altitude Group, RT: 4/17/15

(24) “CBS Unveils Charity App,” Wall Street Journal, RT: 4/17/15

(25) “US Nielsen,” Evigo, RT: 4/17/15

(26) “CBS Introduces New Data-Driven Initiative,” CBS Corp, RT: 4/17/15

(27) “David Rhodes,” CBS News, RT: 4/17/15

(28) “CBS Announces New Agreement,” CBS Corp, RT: 4/17/15

(29) “CBS Sued Over Unpaid Internships,” Red-Pr, RT: 4/17/15

(30) “CBS Spurns Intern Lawsuit,” Deadline, RT: 4/17/15

CBS Corp. (TV broadcast & cable properties only)

Link

by Mike Liebenson
CBS Corporation's Logo

[1] CBS  Logo

CBS Headquarters
51 W. 52nd Street
New York, NY 10019-6188
1-212-975-4321 [1.5]

KEY EXECUTIVES 

CBS EXECUTIVE

[2] Leslie Moonves- President and Chief Executive Officer, CBS Corporation

2

[3] Sumner M Redstone- Executive Chairman

[4] Joseph Ianniello- Chief Operating Officer

[4] Joseph Ianniello- Chief Operating Officer

Anthony G. Ambrosio, Senior Executive Vice President, Human Resources and Administration, CBS Corporation.

[5] Anthony G. Ambrosio, Senior Executive Vice President, Human Resources and Administration, CBS Corporation.

OVERVIEW

CBS Corporation is an industry-leading mass media company that creates and distributes content across a multiple platforms to audiences worldwide. Spanning virtually every field of media and entertainment, CBS’s operations include cable, film, radio, publishing, local TV, and interactive/social media. [6]

 Network Portfolio

[7] All of CBS’s Assets

CBS is home to one of the world’s largest libraries of media content, making it one of the most recognized brands in business. Specific to television, CBS’s businesses include CBS Television Network, The CW, Showtime Networks, TVGN, CBS Sports Network, Smithsonian Networks, CBS Television Studios, and CBS Television Stations [6].

 CBS CURRENT FALL SEASON

One of the Thursday Night Football games featuring San Diego at Denver.

[8] One of the Thursday Night Football games featuring San Diego at Denver.

The 2015 season has been kind to “The Big Eye,” with the network averaging 12.2 million viewers daily. This puts the network ahead of every other network, with NBC trailing behind at 9.8 million [9]. Part of this is due to their addition of Thursday Night Football to their fall line-up. Each week their installment of football, which replaced conventional series for the first two months of the season, topped Thursday nights for total viewership. The final game aired earned a 13.2 rating and 23 percent share [10]. That’s slightly less than the all-time high overnight household rating of 13.7 when the season opened on September 11. While Thursday Night Football has done well, analysts projected it to do even better. Yesterday RBC Capital Markets’ David Bank dropped his earnings forecast for CBS by 27 cents to $3.07 because of the ratings letdown [8].

Newcomers

Among CBS’s five other newcomers for the 2014-2015 season, only one was a half-hour sitcom. The Mccarthys, which debuted 1.7/5 in the 18-49 share and 8.08 total million viewers [12], but has fallen to 1.4 and 6.53 total million viewers [13].

[11] First Look

Of the four dramas that premiered this season, consisting of Madame Secretary, Scorpion, NCIS: New Orleans, and Stalker, Scorpion has the strongest for the 18-49 share while the NCIS spin off has the highest overall views.  Scorpion debuted at 3.2 share, but has decreased to a low 1.9 as of their 11/24 episode [14].

[15] First Look

NCIS New Orleans debuted at 17.37 million views, and as kept most of its view with their most current episode garnering 14.47 million views. NCIS: New Orleans, along with its predecessor, both skew older and target viewers above the age of 50 [16].  All four of the new dramas have been picked up for full seasons as of 10/28/14 [17].

[18] First Look

Returning Shows

The cast of The Big Bang Theory

[19] The cast of The Big Bang Theory

Of its current series, CBS boasts the most watched scripted series by both total views and 18-49 shares. The Big Bang Theory, which moved back to Thursdays as of 11/20, has consistently had highest 18-49 share for a scripted series with their most current rating averaging a 4.1 as of 11/25 [20]. Their eighth year’s average is lower so far than their past season, which averaged a 5.1 rating in the 18-49 demographic with 17.65 million total viewers. The series is renewed until season 10, though, with higher salaries for their lead actors as well [21].

The cast of NCIS

[23] The cast of NCIS

NCIS captures the most viewers for a scripted series every week with their 11/25 episode garnering 16 million viewers. This season is also down from last, with their 11th season of NCIS averaged a 2.8 rating in the 18-49 demographic with 18.5 million total viewers [22]. Even with their top shows dipping in the numbers slightly, CBS is maintaining a steady flow of cash revenue.

FINANCIALS

2014 Q3 earnings for CBS

[24] 2014 Q3 earnings for CBS

CBS is publicly held. As of their 2014 third quarter report, CBS’s shares rose 2.3% from $3.30 billion in 2013 to $3.37 billion now [24].  This was mostly thanks to a 4% increase in content licensing and distribution revenues from higher domestic and international licensing of their television programming. The main Entertainment unit, which includes the CBS TV network and studios, saw a 1% increase in revenues to $1.91 billion.  Thanks to the political revenues of the midterm elections and their introduction to Thursday Night Football on CBS, the corporation saw their advertising revenue increase by 2%. In cable networks, like Showtime, revenues were up 5% to $624 million due to the company’s increased rates and increased cash flow from license agreements for its original series [25]. As of December 1 at 4:02 pm, CBS’s stock closed at $54.47, a .75% decrease from the day before [26].

MAJOR HAPPENINGS

CBS All Access

[27]

On October 16, 2014 CBS announced a first for any of the major traditional broadcast networks; subscription based multi-platform access to their content called CBS All Access [28]. For $5.99, the network will offer subscribers episodes from their current and classic shows on-demand across computers, tablets, and smartphones. Subscribers will also have the ability to live stream local CBS television stations in 14 of the most popular U.S. markets; And that number will only grow [28]. The most important amenity of this new service is that customers do not have to be subscribers of a cable or satellite company to access this service; They just need to pay their subscription to seamlessly interact with CBS’s content across their multiple platforms.

TVGN to POP

pop-cable-channel-network

[29] Redesigned Logo

The TV Guide Network, a joint venture between CBS Corp. and Lionsgate, is planning to receive a major facelift in January of 2015. TVGN will be rebranded as POP, a network centered on the celebration of American fan boy culture [30]. The theme has a much more unique POV, allowing the channel to look at anything that draws on the experience of high intensity fans. POP will launch with more than 400 hours of original programming, featuring A New Kids on The Block reality series, a scripted series, entertainment news, red-carpet specials, and other exciting new content. One series in particular, The Story Behind, will look inside the origin stories of successful hit series [29]. CBS is hoping to be able to obtain more money a month per subscriber. The current TVGN commands two cents a month in comparison to networks garnered towards similar audiences, like E!, that get 24 cents a month per subscriber. Their hopes extend to increased ad revenue as well, since it is on the smaller side [30].

CBS vs. Dish Dispute

Tensions are rising between CBS and the no. 2 Satellite Distributor over this past month. On November 14, CBS reached out to Dish Network subscribers to inform them of the impending loss of their affiliated channels due an unresolved deal between the two companies after their carriage contract expires at the end of November. CBS has extended the deadline twice, with their deal now supposed to close by the end of the first week in December [31]. The deal seems to me more about rights over CBS content rather than financial issues, specificaly Dish’s ability to include it in the over-the-top service that it aims to launch as well as offering out-of-home viewing rights to their subscribers. There is been concern over Dish’s Hopper DVR service that allows users to record large amounts of primetime with one button. The rollout of this new DVR launched lawsuits against Dish by the major broadcasters, not just CBS [32].

 Works Cited

 [1] CBS Logo, Deadline.com, RT: 12/1/14

[1.5] CBS Contact, cbscorporation.com, RT: 12/1/14

[2] Photo of Leslie Moonves, cbscorporation.com, RT: 12/1/14

[3] Photo of Sumner Redstone, cbscorporation.com, RT: 12/1/14

[4] Photo of Joseph Ianniello, cbscorporation.com, RT: 12/1/14

[5] Photo of Anthony Ambosio, cbscorporation.com, RT: 12/1/14

[6] About CBS, cbscorporation.com, RT: 12/1/14

[7] Assets of CBScbscorporation.com, RT: 12/1/14

[8] Photo of Thursday Night Football, deadline.com, RT: 12/1/14

[9] CBS 2014-2015 Ratings, tvseriesfinale.com, RT: 12/1/14

[10] ‘Thursday Night Football’ Ends on High Note, hollywoodreporter.com, RT: 12/1/14

[11] The Mccarthy’s- First Look, youtube.com, RT: 12/1/14

[12] Thursday Final Ratings (10/31), tvbythenumbers.zap2it.com, RT: 12/1/14

[13] Thursday Final Ratings (11/25), tvbythenumbers.zap2it.com, RT: 12/1/14

[14] Scorpion: Season One Ratings, tvseriesfinale.com, RT: 12/1/14

[15] Scorpion- First Look, youtube.com, RT: 12/1/14

[16] NCIS: New Orleans: Season One Ratings, tvseriesfinale.com, RT: 12/1/14

[17] NCIS: New Orleans, Scorpion, Madam Secretary, Stalker: CBS Orders Full Seasons, tvseriesfinale.com, RT: 12/1/14

[18] NCIS: New Orleans- First Look, youtube.com, RT: 12/1/14

[19] The Big Bang Theory Cast Photo, moviepilot.com, RT: 12/1/14

[20] The Big Bang Theory: Season Eight Ratingstvseriesfinale.com, RT: 12/1/14

[21] ‘Big Bang Theory’ Renewed Through Season 10hollywoodreporter.com, RT: 12/1/14

[22] NCIS: Season Twelve Ratings, tvseriesfinale.com, RT: 12/1/14

[23] NCIS Cast Photo, jenniferbadger.com, RT: 12/1/14

[24] CBS Corporation Earnings Release, cbscorporation.com, RT: 12/1/14

[25] CBS Narrowly Beats Q3 Earnings Estimates, deadline.com, RT: 12/1/14

[26] CBS Interactive Stock Chart, finance.yahoo.com, RT: 12/1/14

[27] CBS Offers Digital Subscription Service, youtube.com, RT: 12/1/14

[28] CBS New Multi-Platform Digital Subscription Service, cbscorporation.com, RT: 12/1/14

[29] Meet POP, variety.com, RT: 12/1/14

[30] TV Guide Network To Relaunch In Early 2015 As POP, variety.com, RT: 12/1/14

[31] CBS Will Star on Dish Through the Weekenddeadline.com, RT: 12/1/14

[32] Carriage Talks Progress, variety.com, RT: 12/1/14

CBS Films

by Nicholas Ferreiro
CBS Films logo

CBS Films logo [1]

CBS Films, is a film studio company that handles many areas of development, including film production, distribution, financing and marketing. It is owned by CBS Corp. and was founded by Les Moonves in 2007. Since its creation, CBS Films has released ten films, including “The Woman in Black,” “The Back-Up Plan,” and “The Mechanic” [2][3][4].

 

Executives

Terry Press, Co-President

Terry Press, Co-President of CBS Films

Terry Press, Co-President of CBS Films [5]

Terry Press was named Co-President of CBS Films in April 2012. As Co-President, she oversees creative aspects of the company including initial development, marketing, production and distribution. Before joining the company, Press worked at 7570 Marketing Inc. where she worked as a marketing consultant on many CBS Films [5]. She also had success working as a consultant on both “The Social Network” and “The Hunger Games” [6].

Wolfgang Hammer, Co-President

Wolfgang Hammer, Co-President of CBS Films

Wolfgang Hammer, Co-President of CBS Films [7]

Wolfgang Hammer was also named Co-President of CBS Films in April 2012, in conjunction with Terry Press. As Co-President, Hammer uses his “savy” negotiating skills in acquisitions and also oversees the company’s business, finance and legal affairs [6]. Before working at CBS Films, Hammer was Executive Vice President at Lionsgate [7].

Finance

CBS Corp. reported record numbers for the fourth quarter of 2012. Since the fourth quarter of 2011, revenue rose 2% ($3.7 billion), operating income rose 12% ($726 million) and adjusted EPS rose 14% ($0.64). Les Moonves, CEO of CBS Corp., has even higher expectations for next year [8].

Both of CBS Films’ most recent films, “Seven Psychopaths” (October 2012) and “The Last Exorcism Part II” (March 2013), earned back their respective production budgets. “The Last Exorcism Part II” actually brought in over three times its original production budget ($15 million made versus $5 million budget) [9].

New Releases

The Last Exorcism Part II

CBS Films released its horror-film, “The Last Exorcism Part II,” on March 1st, 2013. It took in over $7.7 million on its first weekend (2,700 theaters) and grossed over $15 million in its remaining five weeks [10]. Despite earning back its production budget, the film was poorly received, having just a 13% critic rating and 35% audience rating on Rotten Tomatoes [11].

Trailer for “The Last Exorcism Part II”

Awards

“Salmon Fishing in the Yemen” was nominated for three Golden Globes, including best musical or comedy, best actor in a musical or comedy and best actress in a musical or comedy [12]. However, the film lost in all three categories [13].

On January 9th, 2013, it was announced that Colin Farrell was nominated in the Irish Film & Television Academy Awards for his role in CBS FIlms’ “Seven Psychopaths” [14]. He has since lost to Jack Reynor [15].

Upcoming Releases 

The Kings of Summer

Nick Robinson, Gabriel Basso, Moises Arias in "The Kings of Summer"

Nick Robinson, Gabriel Basso and Moises Arias in “The Kings of Summer”[16]

On January 22nd, 2013, CBS Films acquired the domestic rights to the coming-of-age comedy “Toy’s House.” The movie premiered at Sundance, where it received great reviews, prompting CBS Films’ move to make a deal. It has since been retitled as “The Kings of Summer,” and is slated for a May 31st release date. The film is directed by Jordan Vogt-Robert, written by Chris Galleta, and stars Nick Robinson, Gabriel Bosso, Moises Arias and Nick Offerman. “The Kings of Summer” focuses on a group of friends who attempt to move into the woods and live off the land, and is being compared to “Stand By Me,” “Superbad,” and “The Goonies” [16][17].

Trailer for “The Kings of Summer”

Last Vegas

Morgan Freeman, Kevin Kline, Robert DeNiro and Michel Douglas in "Last Vegas" [***]

Morgan Freeman, Kevin Kline, Robert DeNiro and Michel Douglas in “Last Vegas” [18]

On February 6th, 2013, CBS Films set a new release date for their new buddy-comedy, “Last Vegas.” The film was originally slated for December 20th, an attempt to play into the Christmas movie market, but has since changed to November 1st. It is directed by Jon Turteltaub, written by Dan Fogelman, and produced by Laurence Mark and former CEO and president of CBS Films, Amy Baer [18]. The film was produced by CBS Films and had been in talks since before September, 2011 [19].”Last Vegas” stars Morgan Freeman, Robert DeNiro, Kevin Kline and Michael Douglas, and focuses on a group of old friends who throw a bachelor part in Las Vegas [18]. There is no trailer available for this film yet.

The To Do List

Scene from "The To Do List" [***]

Scene from “The To Do List” [20]

“The To Do List,” starring Aubrey Plaza, is set to be released on August 16th, 2013. It had previously been set for February 2013 [20].

Trailer for “The To Do List”

Gambit

Promotional poster for "Gambit" [***]

Promotional poster for “Gambit” [21]

“Gambit,” a Coen Brothers comedy starring Colin Firth, will be released sometime in late 2013 [22]. The film has already been released in Ireland [23].

Trailer for “Gambit”

7500

Theatrical poster for "7500" [***]

Theatrical poster for “7500” [24]

The horror-thriller “7500” is set to be released sometime in 2013. It was originally slated for release in August 2012 [25].

Trailer for “7500”

Acquisitions

Inside Llewyn Davis

Oscar Isaacs in "Inside Llewyn Davis" [***]

Oscar Isaac in “Inside Llewyn Davis” [26]

On February 19th, it was announced that CBS Films had acquired the domestic rights to distribute the new Coen Brothers film, “Inside Llewyn Davis” for around $4 million. Studio Canal financed the movie itself and is holding onto some foreign distribution rights. The film  centers around the Greenwich Village music scene in the 1960s and stars Oscar Isaac, Carey Mulligan, John Goodman and Justin Timberlake, among others.  There has been no release date set for CBS Films’ newest acquisition [26].

Trailer for “Inside Llewyn Davis”

Production

On January 24th, CBS Films announced it will be developing “Olivia Twisted,” a debut screenplay from stuntman Brian Roberts. “Twisted” is a fictional adaptation on the classic novel, “Oliver Twist,” and revolves Olivia, a member of a metropolitan teenage gang at war with a rival gang. Michael De Luca and Alyssa Phillips are set to produce the film [27].

Sources

[1] http://aroundthenetworks.com/wp-content/uploads/2012/01/CBS-Films-Logo-wide3.jpg

[2] http://www.cbsfilms.com/about_us/

[3] http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/04/wolfgang-hammer-and-terry-press-named-heads-of-cbs-films.html

[4] http://articles.latimes.com/2010/jan/11/business/la-fi-ct-cbsfilms11-2010jan11

[5] http://www.cbsfilms.com/principals/terry_press

[6] http://latimesblogs.latimes.com/entertainmentnewsbuzz/2012/04/wolfgang-hammer-and-terry-press-named-heads-of-cbs-films.html

[7] http://www.cbsfilms.com/principals/wolfgang_hammer

[8] http://investors.cbscorporation.com/phoenix.zhtml?c=99462&p=irol-newsArticle&ID=1785372&highlight=

[9] http://www.boxofficemojo.com/studio/chart/?view2=allmovies&view=company&studio=cbsfilms.htm

[10] http://www.boxofficemojo.com/movies/?id=lastexorcism2.htm

[11] http://www.rottentomatoes.com/m/the_last_exorcism_part_ii_2013/

[12] http://www.cbsfilms.com/news/cbs_films_salmon_fishing_in_the_yemen_scores_three_golden_globe_nominations

[13] http://www.goldenglobes.org/2012/12/nominations-2013/

[14] http://www.cbsfilms.com/news/seven_psychopaths_scores_multiple_irish_film_and_tv_academy_award_nominatio

[15] http://ifta.ie/winners/index.html

[16] http://www-deadline-com.vimg.net/wp-content/uploads/2013/01/greym__130123024752.jpg

[17] http://www.deadline.com/tag/toy-house/

[18] http://www.deadline.com/2012/11/first-photo-last-vegas-robert-de-niro-michael-douglas-cbs-films/

[19] http://www.deadline.com/2011/09/jon-turteltaub-in-talks-to-direct-last-vegas/

[20] http://collider.com/popeye-hotel-transylvania-2-release-date/211652/

[21] http://www.heyuguys.co.uk/images/2012/10/Gambit-UK-Poster.jpg

[22] http://blogs.indiewire.com/theplaylist/cbs-films-move-seven-psychopaths-up-to-october-12th-delay-gambit-to-winter-2013-20120803

[23] http://www.imdb.com/title/tt0404978/

[24] http://welcomefrnds.com/wp-content/uploads/2012/12/7500-movie.jpg

[25] http://www.deadline.com/2012/05/cbs-films-shifts-dates-for-gambit-7500/

[26] http://www.deadline.com/2013/02/inside-llewyn-davis-cbs-films-acquisition-coen-brothers/

[27] http://www.hollywoodreporter.com/heat-vision/olivia-twisted-picked-up-by-415147