2017 News Releases

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03/17/17CBS Corporation To Report First Quarter 2017 Results On Thursday, May 4
NEW YORK, March 17, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the first quarter of 2017 after the market closes on Thursday, May 4, 2017. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate website, www.cbscorporation.com. The Company will then conduct a teleconference call at 4:30 PM, ET. The call is open to the general public. The domestic conference call number is (800... 
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03/02/17Entercom Communications And CBS Radio Announce Pricing Of Term Loan In Connection With Merger
NEW YORK, March 2, 2017 /PRNewswire/ -- Entercom Communications Corp. (NYSE: ETM) and CBS Radio Inc. ("CBS Radio") today announced that CBS Radio has established pricing for a seven-year, $500 million senior secured term loan B to be issued in connection with their previously announced merger. The loan will have an interest rate of LIBOR plus 2.75%, with no LIBOR floor, and will be issued at par. The new term loan will be issued to refinance Entercom's capital structure, with proceeds used t... 
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02/27/17CBS Corporation Chairman And Chief Executive Officer Leslie Moonves To Participate In The Deutsche Bank 2017 Media & Telecom Conference
NEW YORK, Feb. 27, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, Chairman and Chief Executive Officer, will participate in a question-and-answer session at the Deutsche Bank 2017 Media & Telecom Conference in Palm Beach, Fla., on Tuesday, March 7, 2017. The session will begin at 8 AM ET. An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors/News & Events section of the CBS Cor... 
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02/22/17CBS Corporation Chairman and Chief Executive Officer Leslie Moonves To Participate In The Morgan Stanley Technology, Media & Telecom Conference
NEW YORK, Feb. 22, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, Chairman and Chief Executive Officer, will participate in a question-and-answer session at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, Calif., on Monday, February 27, 2017. The session will begin at 11:15 AM PT. An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors/News & Events section of... 
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02/15/17CBS Corporation Reports 2016 Fourth Quarter And Full Year Results
Fourth Quarter Operating Income of $484 Million; Adjusted Operating Income Increases to $733 Million Fourth Quarter Diluted EPS from Continuing Operations of $.63; Adjusted Diluted EPS Increases to $1.11 Full Year Diluted EPS from Continuing Operations Up 9% to a Record $3.46 Full Year Adjusted Diluted EPS Up 24% to a Record $4.11 CBS Radio Now Presented in Discontinued Operations NEW YORK, Feb. 15, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results ... 
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02/02/17CBS Corporation and Entercom Announce Merger of CBS Radio with Entercom to Create Preeminent Radio Platform
Deal Creates Scale and Reach Across the U.S., with a Nationwide Footprint of 244 Stations, Including 23 of the Top 25 Markets NEW YORK & BALA CYNWYD, Pa.--(BUSINESS WIRE)--Feb. 2, 2017-- Entercom Communications Corp. (NYSE:ETM) and CBS Corporation (NYSE:CBS.A and CBS) today announced that the companies have entered into an agreement by which Entercom will combine with CBS Radio in a tax-free merger. The transaction will create a preeminent radio plat... 
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01/26/17CBS Corporation Announces Quarterly Dividend
NEW YORK, Jan. 26, 2017 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.18 per share. The dividend is payable on April 1, 2017, to shareholders of record on March 10, 2017. About CBS Corporation CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company ... 
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01/04/17Hulu Inks Agreement With CBS Corporation to Add Leading Networks to Upcoming Live TV Service
CBS Corp. Joins 21st Century Fox, The Walt Disney Company and Turner Networks In Hulu's New Live TV Offering SANTA MONICA, Calif., Jan. 4, 2017 /PRNewswire/ -- Hulu today announced a comprehensive, new agreement with CBS Corporation to carry America's most-watched broadcast network, CBS, as well as popular sports and entertainment channels CBS Sports Network and POP, with the potential to add additional networks in the future. All networks in the deal will be available to stream live, with mu... 
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