51 W. 52nd Street
New York, NY 10019-6188
Key Executives: 
Sumner M. Redstone: Executive Chairman
Redstone currently serves as the chairman of both CBS Corporation and Viacom. He became the chairman of Viacom in June of 1987 and became the executive chairman of Viacom in January of 1996. In January of 2006 Viacom separated into tow publicly traded companies. After this split Redstone became the executive chairman in both companies and currently is the controlling shareholder of both companies.
Leslie Moonves: President, Cheif Executive Officer
After serving as the president of Warner Bros. Television, Moonves made the transition to CBS in 1995. After starting shows like “Everybody Loves Raymond” and “CSI: Crime Scene Investigation” Moonves and his team brought CBS out of the bottom of the ratings and was promoted to president and CEO of CBS Television in 1998. Currently Moonves oversees all of the aspects of the company including all of the television networks in affiliation with CBS.
Anthony G. Ambrosio: Executive Vice President, Human Resources and Administraion
Ambrosio joined the CBS team in March of 1985 and got promoted to his current position in May of 2000. He is in charge of all Human Resources functions for the company.
Joseph Ianniello: Executive Vice President and Chief financial Officer
Getting promoted from Deputy Chief Financial Officer in 2008 Ianniello oversees all of the financial operations that happen with the CBS Corporation.
The CBS Company
CBS Television Network: 
Established in 1928, CBS television network has over 200 tv stations and affiliates. Their programming includes CBS entertainment, CBS news and CBS sports. They started when founder william Paley bought 16 independent radio stations. Paley called this new company the Columbia Broadcast System. The CBS Television Netwok ranges from entertainment to news to sports. Today the CBS Television Network has the #1 scripted drama (NCIS), the #1 sitcom (Two and a Half Men), the #1 newsmagazine (60 Minutes), and the #1 daytime drama (The Young and the Restless).
CBS Television Stations: 
With 29 owned-and-operated stations, CBS Television Stations reach all over the United States. 16 of these stations are part of the CBS Television Network, eight of the stations are affiliates of The CW Network, three are independent stations, and the remaining two stations are MyNetwork TV affiliates.
CBS Television Studios: 
As one of the leading suppliers of primetime network programming in the television industry, CBS Television Studios produces the #1 and #2 scripted series, as well as six of the top ten most watched scripted series. The shows have earned them many Emmys over the years.
CBS Entertainment: 
CBS Entertainment acquires and develops entertainment programming. This includes primetime comedy and dramas, television movies and miniseries, reality shows, theatrical films, children’s programs, games shows, daytime dramas, and late-night programs.
CBS News: 
This devision if focused on news and information. CBS News is a 24 hours a day, seven days a week programming. They have interviews, reporting, investigations, analysis and breaking news to keep their viewer up to date on things happening in their communities and in the world.
CBS Sports: 
Covering sports year round, CBS sports attracts all sports fans. They broadcast the NFL, college basketball (including the highly watched NCAA Division I Men’s Basketball Championship , golf (including The Masters and PGA Championship), college football, tennis, track and field, auto racing and gymnastics. On the CBS Sports Network has 24 hour sports programing.
2012 Full year Results: Revenue: $14.09 Billion Adjusted OIBDA: $3.49 Billion Operating Income: $2.98 Billion Adjusted diluted earnings per share from continuing operations: $2.55 Diluted earnings per share from continuing operations: $2.48
CBS revenues increased 3% from $13.64 billion in 2011 to $14.09 billion 2012.
CBS Stock Information:
What is Happening Now?
TV Guide Network and TVGuide.com: 
It was announced on March 26, 2013 that CBS purchased 50% stake in TV Guide Network and TVGuide.com. The other 50% is owned by Lionsgate. The TV Guide Network is a netwok focused on entertainment that reaches over 80 million homes. Leslie Moonves, the President and Chief Executive Officer of the CBS Corporation is excited for the deal, “Lionsgate, led by my friend Jon Feltheimer, is a forward-thinking content company and a great partner for us here. We’re excited to bring CBS’s programming and production assets to the venture, and work with Lionsgate to rebrand and grow a channel that will be increasingly valuable to our carriage partners.” CBS plans to capitalize on this purchase by using its content brands and to gain access to the highly distributed basic cable network of the TV Guide Network.
Amazon Prime and CBS Expansion: 
It was announced on February 13, 2013 that Amazon.com and CBS Corporation were to expand their content licensing agreement. This new agreement allows Amazon Prime members to watch more CBS and SHOWTIME programming online at no extra charge. This agreement allows series to be streamed on Amazon Prime for the first time. Some shows that are now available to stream through this agreement are America’s Next Top Model, Jericho, Everybody Loves Raymond, Undercover Boss, Medium, Star Trek, and I Love Lucy.
CBS and Grey Television 
On March 19, 2013 CBS announced that they had signed an affiliation agreement with Gray Television. Their hope for this new affiliation agreement is to increase CBS’s servies to their viewers in central Nebraska. They will be adding an over-the-air, on cable and satellite television station, KNPL. They hope to launch the station on Sunday, September 1, 2013.