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CBS Corp (CBS.N)

CBS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CBS Corp Reports Q2 Adjusted Earnings Per Share $1.16
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - CBS Corp ::ORATION REPORTS SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.16.Q2 EARNINGS PER SHARE $1.17.Q2 REVENUE ROSE 10 PERCENT TO $3.81 BILLION.QTRLY ENTERTAINMENT REVENUE $2,741 MILLION VERSUS $2,402 MILLION.REMAIN ON TRACK TO REACH OUR GOAL OF 25 MILLION SUBSCRIBERS COMBINED BY 2022.QTRLY ADVERTISING REVENUE $1,424 MILLION VERSUS $1,327 MILLION.QTRLY AFFILIATE AND SUBSCRIPTION FEES REVENUE $1,113 MILLION VERSUS $989 MILLION.Q2 EARNINGS PER SHARE VIEW $1.12, REVENUE VIEW $3.71 BILLION -- REFINITIV IBES DATA.CBS ALL ACCESS AND SHOWTIME HELPED FUEL A 13% INCREASE IN AFFILIATE AND SUBSCRIPTION FEE REVENUE FOR QUARTER.  Full Article

CBS Sets Quarterly Dividend Of $0.18 Per Share
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - CBS Corp ::SETS QUARTERLY DIVIDEND OF $0.18 PER SHARE.  Full Article

CBS Corp Announces Partnership With Denise Di Novi And Nina Tassler's Patma Productions
Wednesday, 17 Jul 2019 

July 17 (Reuters) - CBS Corp ::CBS CORPORATION ANNOUNCES PARTNERSHIP WITH DENISE DI NOVI AND NINA TASSLER'S PATMA PRODUCTIONS.AS PART OF AGREEMENT, CBS HAS ACQUIRED AN OWNERSHIP STAKE IN PATMA..PATMA WILL CONTINUE TO OPERATE AS AN INDEPENDENT PRODUCTION COMPANY.TASSLER, DI NOVI WILL CONTINUE TO LEAD ALL OF PATMA'S OPERATIONS ALONG WITH RECENTLY ANNOUNCED NEW PRESIDENT OF THEIR VENTURE, JOAN BOORSTEIN.  Full Article

CBS And Viacom Set Aug. 8 As Informal Internal Deadline For Merger Talks-CNBC
Monday, 15 Jul 2019 

July 15 (Reuters) - :CBS AND VIACOM SET AUG. 8 AS INFORMAL INTERNAL DEADLINE FOR MERGER TALKS-CNBC.  Full Article

CBS Is Planning Offer For Sister Company Viacom - WSJ
Tuesday, 18 Jun 2019 

June 18 (Reuters) - :CBS IS PLANNING OFFER FOR SISTER COMPANY VIACOM - WSJ.REPRESENTATIVES OF CBS AND VIACOM HAVE ALREADY HAD PRELIMINARY DISCUSSIONS ABOUT THE OUTLINES OF A DEAL - WSJ, CITING A SOURCE.VIACOM CHIEF EXECUTIVE BOB BAKISH IS WIDELY BELIEVED TO BE IN POLE POSITION TO BECOME CEO OF THE COMBINED COMPANY - WSJ.  Full Article

CBS And Tegna Renew Affiliation Agreement
Thursday, 6 Jun 2019 

June 6 (Reuters) - CBS Corp ::CBS AND TEGNA RENEW AFFILIATION AGREEMENT.TEGNA INC - ANNOUNCED A COMPREHENSIVE, MULTI-YEAR DEAL THAT RENEWS STATION AFFILIATION AGREEMENTS FOR 11 TEGNA MARKETS NATIONWIDE.TEGNA INC - 11 MARKETS RENEWED COVER 10% PERCENT OF U.S. AUDIENCE AND NEARLY 11 MILLION HOUSEHOLDS..TEGNA INC - TEGNA CBS AFFILIATES ARE ALSO LOCALLY AVAILABLE TO SUBSCRIBERS OF CBS ALL ACCESS.  Full Article

CBS Prepares For Talks With Viacom, Which Are Expected To Begin Mid-June- CNBC
Thursday, 30 May 2019 

May 30 (Reuters) - :CBS PREPARES FOR TALKS WITH VIACOM, WHICH ARE EXPECTED TO BEGIN MID-JUNE- CNBC.  Full Article

Cbs Sets Quarterly Dividend Of $0.18/Share
Wednesday, 29 May 2019 

May 29 (Reuters) - CBS Corp ::SETS QUARTERLY DIVIDEND OF $0.18PER SHARE.  Full Article

CBS And Lions Gate Expect To Continue Sale Talks Of Starz In The Coming Weeks - CNBC, Citing Sources
Tuesday, 21 May 2019 

May 21 (Reuters) - :CBS AND LIONS GATE EXPECT TO CONTINUE SALE TALKS OF STARZ IN THE COMING WEEKS - CNBC, CITING SOURCES.  Full Article

CBS Corp Reports Q1 Adjusted Earnings Per Share $1.37
Thursday, 2 May 2019 

May 2 (Reuters) - CBS Corp ::ORATION REPORTS FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.37.Q1 EARNINGS PER SHARE $4.21.Q1 REVENUE ROSE 11 PERCENT TO $4.2 BILLION.IN TWO WEEKS WE'LL BE UNVEILING A WHOLE NEW LINEUP OF HIT SHOWS ON CBS TELEVISION NETWORK.QTRLY ENTERTAINMENT REVENUE $3,176 MILLION VERSUS $2,753 MILLION.QTRLY ADVERTISING REVENUES $2,044 MILLION VERSUS $1,733 MILLION.QTRLY AFFILIATE AND SUBSCRIPTION FEES REVENUE $1,111 MILLION VERSUS $979 MILLION.IN Q1 2019, A GAIN OF $549 MILLION ON SALE OF CBS TELEVISION CITY & CHARGES RELATING TO A RESTRUCTURING PLAN INITIATED DURING QUARTER.IN QUARTER, RESTRUCTURING CHARGES INCLUDES $108 MILLION ($81 MILLION, NET OF TAX) AT ENTERTAINMENT, CABLE NETWORKS, PUBLISHING, LOCAL MEDIA.TOTAL NUMBER OF SUBS ACROSS TRADITIONAL MVPDS, VIRTUAL MVPDS & DIRECT-TO-CONSUMER SERVICES ONCE AGAIN "GREW STRONGLY" DURING THE QUARTER.  Full Article

Deals of the day-Mergers and acquisitions

Aug 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: