CBS Radio

Posted on October 5, 2014 by chport

by Carly Port

[a] Photo Courtesy of www.billboard.com; CBS Radio Logo

By Carly Port

CONTACT INFORMATION [1]

1271 Avenue of the Americas FL 44

New York, NY 10020

(212) 649 – 9600

www.cbsradio.com

ABOUT CBS RADIO

CBS Radio operates as a division of Columbia Broadcasting System and as one of the leading providers of original media content across an array of platforms. CBS Radio delivers material to an audience of over 72 million and owns and operates 126 radio stations in 27 markets [2].

CBS made its debut network broadcast on September 18, 1927 at 3 p.m. Sixteen stations from Providence to St. Louis were present that Sunday. In January 1941, CBS launched Latin American stations in eighteen countries [3]. In 1974, CBS Radio reignited the radio drama craze with its introduction of CBS Radio Mystery Theater [3]. In November 1995, CBS was bought out by Westinghouse Broadcasting [4]. CBS Radio became a part of Infinity Broadcasting in June of 1996. In September of 1999, reports announced that Viacom would acquire CBS Corporation for nearly 37 billion dollars [5]. Finally, in 2005, Infinity Broadcasting rebranded itself as the new and current CBS Radio [6].

Key Executives

[b] Photo Courtesy of www.cbsradio.com; CBS Radio President & CEO Dan Mason [7] 2008 Most Powerful Person in Radio

[c] CBS Local Media Chief Operating Officer Anton Guitano

[c] Photo Courtesy of www.cbsradio.com; CBS Local Media Chief Operating Officer Anton Guitano

[d] Photo Courtesy of www.cbsradio.com; CBS Radio Executive Vice President, Operations New York Market Manager Scott Herman

[e] Photo Courtesy of www.cbsradio.com; CBS Radio President of Sales Michael Weiss

[f] Photo Courtesy of www.cbsradio.com; CBS Logal Digital Media President Ezra Kucharz

In September, CBS Corporation added John Vilade as Vice President of National Digital Sales for CBS Local Media. In this position, from a strictly radio focus, Vilade will work directly with Michael Weiss to expand opportunities and conveniences for interested advertisers and expedite revenue expansion [8].

Additional Executive Biographies

TOP COMPETITORS

CBS Radio’s top competitors in the market are Iheartcommunications and Radio One [9].

INSIDE CBS RADIO {PLATFORMS}

Broadcast

CBS Radio provides industry-leading, play-by-play sports content to stations nationwide. CBS Radio Broadcast caters to over two dozen fan-favorite franchises of the NFL, NBA, NHL and MLB all over the board featuring the Boston Celtics, Chicago White Sox, Detroit Red Wings, New England Patriots, New York Giants and the New York Yankees. CBS Radio boasts beloved personalities as a key factor of its broadcast success such as Carson Daly, Ryan Cameron, Mike Francesa and Kevin and Bean to name a few [10].

Local Digital

CBS Local Digital Media accumulates well-known, dependable media brands providing consumers with a unique, “local” experience. This multimedia venture combines pertinent characteristics of CBS’s radio and television departments to create over twenty major market doorways into exposure of news, weather, traffic, sports and entertainment, industry-leading music and lifestyle sites. Portals into Radio.com offer live and on-demand visual and audio content and Eventful presents a terminal for event discovery. The on-the-go aspect of CBS Local Digital Media keeps nearly 50 million consumers content and happy on a monthly basis [11].

Mobile

CBS Radio has made listening to consumers’ favorite radio stations easier than ever. With CBS Radio’s new mobile approach, audiences can access their favorite sports outlets, latest-breaking news sources and most diversified music programs in the most portable manner yet, available as apps on an eclectic assortment of devices. Not only are 150 radio stations now available in mobile form, but also news clips and video interviews with the hottest athletes and artist can now be viewed on the majority of user-owned devices [12].

CBS Sports Radio

Only two years old, CBS Sports Radio is available in all of the Top 10 markets nationwide. A hybrid of CBS Radio and CBS Sports, CBS Sports Radio covers a vast range of sports and features experienced, renowned broadcasters such as Jim Rome, Tiki Barber, Doug Gottlieb and Scott Ferrall among many others [13].

FINANCIALS

[g] Photo Courtesy of www.finance.yahoo.com; CBS Corporation Stock Market Summary at the Close of 12/1/2014

At the end of the day on December 1, 2014, CBS Corporation was down 0.41% at $54.47 a share. The year change was down 7.63% and was lowest in October, at $48.91 a share. The highest stock price this year was in March at $67.55 a share [14].

CBS Corporation successfully ended its third quarter with revenues of $3.37 billion, a 2% increase from last year’s third quarter revenues of $3.30 billion. Recent successes can be attributed to CBS’s Television Networks, specifically Thursday Night Football. Net earnings decreased from last year’s third quarter revenues of $431 million to a current $400 million, related to increased foreign exchange rates [15].

CBS Corporation’s Executive Chairman Sumner Redstone summarized the company’s reaction to the third quarter statement [15]:

“CBS continues to succeed on the strength of its tremendous content… Les and his team are optimizing the Company for future growth at every turn, and I have the utmost confidence in their ability to increasingly drive shareholder value in these dynamic times of great opportunity [15].”

WHAT’S GOING ON?

Michigan News Network

[h] Courtesy of www.allaccess.com; CBS Radio & Townsquare Media Partner to Create Michigan News Network

On September 2nd, CBS Radio and Townsquare Media partnered together to form a news and sports all-Michigan network, Michigan News Network. The network provides content for nearly twenty affiliate stations across the state of Michigan. MNN provides top-of-the hour updates Monday through Friday from 6 a.m. to 7 p.m. as well as 60-second sport broadcasts three times a day. CBS Radio will provide the original content while Townsquare Media will have exclusive syndication rights and deal with affiliate relations with stations ranging from Ann Arbor to Detroit. CBS Radio’s Detroit stations such as WWJ Newsradio 950 have always topped Michigan radio charts and have established themselves as the leading voices for Detroit, so the move towards providing content for the entire state has been readily anticipated [16].

“We are excited to be working with Townsquare to distribute our award-winning programming to listeners across the entire state of Michigan, while also realizing the highest value for our content.” –CBS Radio CEO & President Dan Mason [16]

“We Can Survive” Concert

[i] Photo Courtesy of losangeles.cbslocal.com; Pharrell Williams at the 2nd Annual We Can Survive Concert at the Hollywood Bowl

Hollywood Bowl attendees were in for the experience of a lifetime at CBS Radio’s second annual We Can Survive Concert. As part of CBS Radio’s special events platform and National Breast Cancer Awareness Month, two dollars of every ticket sold aided two organizations, Young Survival Coalition and Living Beyond Breast Cancer, which cultivate and assist families and women that have been touched by and endured breast cancer [17].

[j] Video Courtesy of https://www.youtube.com/watch?v=Ls1kyMl7af4

The night was filled with emotions and female-centered song choices with Pharrell Williams beginning his set through a narration of his personal accounts of dealing with cancer in his family and statements about the pertinence of females to mankind and survival. Williams performed an eclectic set, and was joined by Taylor Swift, Gwen Stefani, Ariana Grande, and Alicia Keys for her first year at the event, as well as other top-tier performers. The music performed covered everything from Country and R&B to Hip-Hop and Top 40 [17].

[i] Photo Courtesy of radio.com; Taylor Swift at the 2nd Annual We Can Survive Concert at the Hollywood Bowl

[k] Photo Courtesy of radio.com; Taylor Swift at the 2nd Annual We Can Survive Concert at the Hollywood Bowl

Multimedia Sources:

[a] CBS Radio Logo From 07 March 2013. Retrieved 01 December 2014.

[b] Dan Mason Retrieved 01 December 2014.

[c] Anton Guitano Retrieved 01 December 2014.

[d] Scott Herman Retrieved 01 December 2014.

[e] Michael Weiss Retrieved 01 December 2014.

[f] Ezra Kucharz Retrieved 01 December 2014.

[g] CBS Corporation Market Share Updated 01 December 2014. Retrieved 01 December 2014.

[h] Michigan News Network From 26 August 2014. Retrieved 01 December 2014.

[i] 2nd Annual We Can Survive Concert Pharrell Williams From 25 October 2014. Retrieved 01 December 2014.

[j] 2nd Annual We Can Survive Concert Behind the Scenes Video From 25 October 2014. Retrieved 01 December 2014.

[k] 2nd Annual We Can Survive Concert Taylor Swift From 25 October 2014. Retrieved 01 December 2014.

Text Sources:

[1] CBS Radio Contact Information Retrieved 01 December 2014.

[2] About CBS Radio Retrieved 01 December 2014.

[3] CBS Radio Timeline Updated 21 May 2012. Retrieved 01 December 2014.

[4] Westinghouse Buys CBS New York Times From 02 August 1995. Retrieved 01 December 2014.

[5] Viacom Buys CBS CNN Money From 07 September 1999. Retrieved 01 December 2014.

[6] Infinity Rebranding From 14 December 2005. Retrieved 01 December 2014.

[7] Radio Ink Magazine Most Powerful People in Radio From 07 July 2008. Retrieved 01 December 2014.

[8] John Vilade Named VP of CBS Radio From 03 September 2014. Retrieved 01 December 2014.

[9] CBS Radio’s Top Competitors Retrieved 01 December 2014.

[10] CBS Radio Broadcast Retrieved 01 December 2014.

[11] CBS Radio Local Digital Retrieved 01 December 2014.

[12] CBS Radio Mobile Retrieved 01 December 2014.

[13] CBS Sports Radio Retrieved 01 December 2014.

[14] CBS Corporation Stock From 01 December 2014. Retrieved 01 December 2014.

[15] CBS Corporation Financials From 05 November 2014. Retrieved 01 December 2014.

[16] Michigan News Network From 26 August 2014. Retrieved 01 December 2014.

[17] CBS Radio Recap We Can Survive Concert From 25 October 2014. Retrieved 01 December 2014.

CBS Corp. (TV broadcast & cable properties only)

Link

by Mike Liebenson

[1] CBS Logo

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

KEY EXECUTIVES

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

[3] Sumner M Redstone- Executive Chairman

[4] Joseph Ianniello- Chief Operating Officer

[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

[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

[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].

[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

[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

[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

[31]

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 CBS, cbscorporation.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 Ratings, tvseriesfinale.com, RT: 12/1/14

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

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

CBS Corps.

Posted on March 26, 2014 by Maggie O'Reilly

By Maggie O'Reilly

CBS Corporation

CBS Logo, photo courtesy of forbes.com

CBS Headquarters
51 W. 52nd Street
New York, NY 10019-6188
1-212-975-43211-212-975-4321

http://www.cbscorporation.com/

About CBS Corporation [1]

CBS Corporation is a mass media corporation, primarily operated in the United States. Originally founded as Viacom in 1971, the modern-day CBS Corporation is the result the 2005 split of Viacom into two publicly traded companies. With the split, CBS Corporation retained the rights to all CBS broadcast networks as well as pay-cable stations. Their current television assets include CBS, Showtime, and CBS Sports Network. They also have a 50/50 share of the CW with Time Warner’s Warner Bros division.

Key Executives [2]

Sumner M. Redstone, photo courtesy of CBS Corporate website

Sumner M. Redstone: Sumner M. Redstone serves as Chairman of the Board of both CBS Corporation and Viacom. He assumed these roles after the 2005 split of Viacom into two separate companies. Prior to the split, Redstone had served as Chairman of the Board of Viacom since 1987 and CEO of Viacom since 1996. Currently, he is the controlling shareholder of both companies.

Leslie Moonves, photo courtesy of CBS Corporate website

Leslie Moonves: Leslie Moonves is President and Chief Executive Officer of CBS Corporation. He was was named CEO of CBS Corporation upon its creation in 2005. Prior to this, he had served as CEO of CBS Television since 1998 and was briefly Co-President and Co-Chief Operating Officer of Viacom from 2004 to 2005.

Financials

CBS Corporation has been publicly traded on the New York Stock Exchange since January 3, 2006. On March 6th, 2014, their stock price hit an all time high, reaching $67.55. Since then, the stock price has been steadily decreasing. Their current stock price is $60.64.[3]

photo courtesy of nasdaq.com

In the 2013 fiscal year, CBS earned revenues of $15.3 billion with net earnings of
1.9 billion, a strong 19.4% increase from their 2012 net earnings. At the end of the 2013 fiscal year, CBS Corporation’s assets were valued at 26.4 billion while their debts are currently calculated at roughly 6.5 billion. [4]

Assets [5]

.CBS: The CBS broadcast network, formerly the Columbia Broadcasting System, first launched as a radio network in 1927. Currently, CBS is one of the “Big Four” television networks, competing with NBC, ABC, and FOX.

.Showtime: CBS Corporation’s premium-cable channel, Showtime, launched on July 1, 1976. The original Showtime channel has served as a flagship for Showtime Networks, which now consists of over 10 premium cable channels, including The Movie Channel, FLIX, and Smithsonian Networks.

The CW: The CW was launched on September 18, 2006. The CW is the result of merger between UPN (formerly operated by CBS) and the WB (formerly operated by Warner Bros). The CW’s target demographic skews a bit younger than CBS and Showtime networks.

CBS Sports: CBS Sports is sports-oriented cable channel that was originally launched as the National College Sports Network in 2002. In 2011, the channel was re-branded as CBS Sports Network. The channel currently airs the PGA tour, US tennis, NCAA basketball, and college football.

Top Rated Programming

The CBS Television Network, has been #1 in total viewers for 10 of the past 11 years. [6] This is largely due to CBS’s successful prime-time lineup. Currently, CBS airs television’s #1 drama, NCIS. During the first week of February 2014 sweeps, NCIS brought in an impressive 19.53 viewers. CBS also airs several other acclaimed television dramas, including NCIS: Los Angeles, Blue Bloods, and Person of Interest. [7]

Cast of NCIS, photo courtesy of nbcpressexpress.com

CBS is also home to television’s #1 sitcom, The Big Bang Theory. In the first week of February 2014 sweeps, The Big Bang Theory drew in 17.53 million viewer whereas ABC’s best performing sitcom, Modern Family, only attracted 9.87 million viewers. CBS also airs several other incredibly successful sitcoms, including 2 Broke Girls, Mike & Molly, and Two and a Half Men. [8] [9]

Cast of The Big Bang Theory, photo courtesy of nbcpressexpress.com

In the week of April 7th, 2014, it was reported by Nielsen that 7 of the weeks top 10 broadcasts aired on CBS, helping to further cement CBS as the top rated channel on television. [10]

CBS in the News

How I Met Your Mother Ends Legendary Nine Year Run

Cast of How I Met Your Mother, photo courtest of cbspressexpress.com

Cast of How I Met Your Mother, photo courtesy of cbspressexpress.com

CBS’s long running sitcom, How I Met Your Mother, came to an end on March 31st, 2014 after nine successful seasons. The series followed the lives of main character, Ted Mosby, and his group of friends living in Manhattan. During How I Met Your Mother’s nine season run, it received 28 Emmy Award nominations, of which it won 9. The series also turned several of its stars into household names, including Neil Patrick Harris and Jason Segel. The series finale was met with mixed reviews from critics and fans. While some praised the finale for tying up loose ends, others were left disappointed, believing that the writers disregarded nine seasons of character development. Despite the mixed reaction, How I Met Your Mother’s series finale was the highest rated episode of the series, drawing in 13.13 million total viewers. It was also the #1 18-49 broadcast during the week that it aired, with a 5.4 rating. [11] [12] [13] [14]

NCAA Basketball Tournament Draws In Big Numbers for CBS

NCAA Division I Championship Game, photo courtesy of CBS philadelphia

The NCAA Division I Men’s Basketball championship game aired on CBS on April 7th, 2014, drawing in an impressive 21.2 million viewers and a 7.2 rating in the 18-49 demo. However, the UConn vs Kentucky game did not beat the numbers of the 2013 championship game between Louisville and Michigan, which brought in 23.4 million viewers. The rest of the tournament games averaged 9.3 million viewers, which is a 3% increase over 2013 numbers. [15] [16]

David Letterman Announces Late Show Retirement, Stephen Colbert Named as Replacement

Long time Late Show host David Letterman announced his retirement from the program on April 3rd, 2014. Letterman, who has hosted the show since August 1993, will leave his position as host of the Late Show when his contract expires in 2015. The news of his retirement comes not long after the retirement of his foremost late night competitor, Jay Leno, who hosted his last episode of NBC’s The Tonight Show on February 6, 2014. Jay Leno has since been succeeded by the much younger Jimmy Fallon, who has been averaging an impressive 1.53 rating in viewers 18-49 since taking over. Comparatively, Letterman has been averaging a .56 rating in the same time period. [17] [18]

Stephen Colbert (left) and David Letterman (right), photo courtesy of yahoo.com

On April 10th, 2014, CBS announced that they plan to replace David Letterman with Stephen Colbert, who currently hosts The Colbert Report on Comedy Central. Interestingly, The Colbert Report has also been averaging a .56 rating among 18-49 year olds. Reactions to CBS’s decision to bring Stephen Colbert on as host of The Late Show have been mixed. While many agree that Colbert is definitely comedically competent enough to take over The Late Show desk, some wonder if CBS missed an opportunity to change the current trajectory of late night. [19] [20]

On The Horizon

CBS Renews Most of its Lineup
CBS recently renewed 18 of its current programs, including favorites like The Big Bang Theory, The Good Wife, Elementary, and Two and a Half Men. CBS also renewed several newcomers, including The Millers and Mom. [21]

current CBS schedule, courtesy of cbs.com

Thursday Night Football
In February, CBS won the bid to air Thursday night football this upcoming fall. This will certainly affect their current schedule, as their #1 sitcom, The Big Bang Theory, currently airs on Thursday nights. Nevertheless, CBS plans to broadcast eight Thursday night games this fall. [22]

Sources

[1] CBS Corp, About CBS, Retrieved April 15th, 2014

[2] CBS Corp, Executives, Retrieved April 15th, 2014

[3] Google Finance, CBS, Retrieved April 20th, 2014

[4] CBS Corp, SEC Filings 2014 10-k Annual Report, Retrieved April 15th 2014

[5] CBS Corp, “Our Portfolio” Retrieved April 15th, 2014

[6] CBS Corp, “Leslie Moonves” Retrieved April 15th, 2014

[7] TV by the Numbers, “Tuesday Final Ratings: ‘NCIS’, ‘Marvel’s Agents of S.H.I.E.L.D.’ & ‘The Originals’ Adjusted Up; ‘NCIS: Los Angeles’, ‘ The Goldbergs’. ‘Supernatural’ & ‘Trophy Wife’ Adjusted Down” Retrieved April 15th, 2014

[8] TV by the Numbers, “Thursday Final Ratings: ‘The Big Bang Theory’, ‘American Idol’, ‘Two and a Half Men’ & the Olympics Adjusted Up; ‘The Millers’ Adjusted Down” Retrieved April 15th, 2014

[9] TV by the Numbers, “Wednesday Final Ratings: ‘Super Fun NIght’ Adjusted Down”, Retrieved April 15th, 2014

[10] Nielsen, Top Ten, Retrieved April 20th, 2014

[11] TV by the Numbers, “TV Ratings Broadcast Top 25: ‘How I Met Your Mother’ Tops Week 28 With Adults 18-49; ‘The Big Bang Theory’ Leads Total Viewers” Retrieved April 18th, 2014

[12] Time, “How I Met Your Mother Watch: Mate and Switch”, Retrieved April 18th, 2014

[13] The Guardian, “How I Met Your Mother: the latest show to fail in the search for a perfect ending” Retrieved April 18th, 2014

[14] DailyMail, “SPOILER ALERT: A wedding, a funeral and a French horn… How I Met Your Mother delivers a legendary series finale” Retrieved April 18th, 2014

[15] Forbes, “March Madness Ratings and Revenue Keep Reaching New Heights” Retrieved April 20th, 2014

[16] CBS, “2014 NCAA Division I Men’s Basketball Championship Averaging 9.3 Million Total Viewers; Highest Viewership in 21 Years”, Retrieved April 20th, 2014

[17] The Wall Street Journal, “David Letterman Announces Retirement from CBS’s ‘Late Show'”, Retrieved April 20th, 2014

[18] TV by the Numbers, “Late Night TV Ratings For April 7-April 11, 2014”, Retrieved April 20th, 2014.

[19] CBS, “CBS ANNOUNCES STEPHEN COLBERT AS THE NEXT HOST OF THE “LATE SHOW”, Retrieved April 20th, 2014.

[20] USA Today, “Will real Colbert be a loser on ‘Late Show’?”, Retrieved April 20th, 2014

[21] The Hollywood Reporter, “CBS Renews 18 More Shows for 2014-15 Season”, Retrieved April 20th, 2014

[22] CBS Sports, “CBS to broadcast eight Thursday night football games in 2014”, Retrieved April 20th, 2014.

Call

Send SMS

Add to Skype

You’ll need Skype CreditFree via Skype

Principles & Practices

Website by the students of TRF235

Tag Archives: CBS Sports

CBS Radio

CBS Corp. (TV broadcast & cable properties only)

Link

CBS Corps.