2013 News Releases

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12/02/13CBS Corporation President and Chief Executive Officer Leslie Moonves to Participate in the UBS 41st Annual Global Media and Communications Conference
NEW YORK, Dec. 2, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the UBS 41st Annual Global Media and Communications Conference in New York City on Tuesday, December 10, 2013. The session will begin at 3:30 PM, 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 th... 
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11/26/13CBS Corporation Announces Quarterly Dividend
NEW YORK, Nov. 26, 2013 /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 $.12 per share. The dividend is payable on January 1, 2014, to shareholders of record on December 11, 2013. 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 Com... 
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11/13/13Lawrence P. Tu Named Senior Executive Vice President And Chief Legal Officer Of CBS Corporation
Will Oversee All Legal Matters Related to CBS Corporation and its Divisions Extensive Background in Finance, Technology and Media; Served as Clerk for Justice Thurgood Marshall on the United States Supreme Court NEW YORK, Nov. 13, 2013 /PRNewswire/ -- Larry Tu has been named Senior Executive Vice President and Chief Legal Officer of CBS Corporation, it was announced today by Leslie Moonves, President and Chief Executive Officer, CBS Corporation. Tu, who joins CBS after many years at Dell I... 
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11/11/13CBS Corporation President And Chief Executive Officer Leslie Moonves To Participate In The Guggenheim Securities 2013 TMT Symposium
NEW YORK, Nov. 11, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the Guggenheim Securities 2013 TMT Symposium in New York City on Thursday, November 14, 2013. The session will begin at 11:45 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 Corporati... 
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11/06/13CBS Corporation Reports Third Quarter 2013 Results
Revenues of $3.6 Billion, Up 11% OIBDA of $941 Million, Up 4% Operating Income of $828 Million, Up 5% Diluted EPS of $.76, Up 19% NEW YORK, Nov. 6, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported the Company's best-ever third quarter results across key metrics, including revenues, OIBDA (operating income before depreciation and amortization), operating income, and diluted earnings per share. "CBS's third quarter proves once again why content is king," sa... 
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11/04/13CBS Corporation President and Chief Executive Officer Leslie Moonves To Participate in the RBC Capital Markets 2013 Technology, Internet, Media and Telecommunications Conference
NEW YORK, Nov. 4, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the RBC Capital Markets 2013 Technology, Internet, Media and Telecommunications Conference in New York City on Wednesday, November 13, 2013. The session will begin at 8:00 AM, ET. An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investo... 
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10/29/13CBS Corporation Chief Operating Officer Joseph Ianniello To Participate In The Wells Fargo Securities Tech, Media & Telecom Conference
NEW YORK, Oct. 29, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Joseph Ianniello, Chief Operating Officer, will participate in a question-and-answer session at the Wells Fargo Securities Tech, Media & Telecom Conference in New York City on Tuesday, November 12, 2013. The session will begin at 8:00 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 Corporat... 
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10/28/13CBS Corporation and Netflix Announce Streaming Video On Demand Deal For Landmark Showtime Series “Dexter®”
America’s Favorite Serial Killer Arrives on Netflix in the U.S. on Halloween   Beverly Hills, Calif., October 28 – Netflix and CBS Corporation announced today a content licensing agreement in which all eight seasons of the SHOWTIME drama “Dexter” will become available for Netflix members in the United States.  Beginning on Halloween (Oct. 31, 2013), the first four seasons of the award-winning series will be available to watch instantly; seasons 5-8 will begin on Jan. 1, 2014.&nbs... 
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10/01/13Platinum Equity Completes Acquisition of CBS Outdoor's European Business
LONDON--(Marketwired - Oct 1, 2013) - Platinum Equity and CBS Corporation (NYSE: CBS.A) (NYSE: CBS) announced today that an affiliate of Platinum Equity has acquired the assets of CBS Outdoor International ("CBSO International"), which is among the largest out-of-home media and billboard businesses in Europe. The transaction was first announced in July when Platinum Equity made an irrevocable binding offer to acquire the assets. CBSO International CEO Antonio Alonso said he l... 
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09/12/13Amazon And CBS Corporation Renew Content Licensing Agreement For The Second Season Of "UNDER THE DOME"
LOS ANGELES and SEATTLE, Sept. 12, 2013 /PRNewswire/ -- CBS Corporation and Amazon.com, Inc. announced today that the companies have renewed their content licensing agreement for season two of the hit CBS series UNDER THE DOME.  The serialized drama from Steven Spielberg's Amblin Television, based on Stephen King's bestselling novel of the same name, will return for its second season on the CBS Television Network in summer 2014. Prime Instant Video will remain the exclusive online subscriptio... 
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09/09/13Jeremy Male Named Chief Executive Officer Of CBS Outdoor Americas
New Chief Executive of Outdoor Group, Formerly Executive Board Member and CEO of UK and Northern Europe for JCDecaux, Has Vast Experience in Global Outdoor Marketplace Wally Kelly Named President and Chief Operating Officer of the Division NEW YORK, Sept. 9, 2013 /PRNewswire/ -- Jeremy Male, an executive with enormous experience in the global outdoor business, has been named to the position of Chief Executive Officer of CBS Outdoor Americas, it was announc... 
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09/05/13CBS Corporation President And Chief Executive Officer Leslie Moonves To Participate In The Bank Of America Merrill Lynch 2013 Media, Communications & Entertainment Conference
NEW YORK, Sept. 5, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the Bank of America Merrill Lynch 2013 Media, Communications & Entertainment Conference in California on Wednesday, September 11, 2013.  The session will begin at 11:10 AM, PT. An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors... 
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09/04/13CBS Corporation To Report Third Quarter 2013 Results On Wednesday, November 6
NEW YORK, Sept. 4, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the third quarter of 2013 after the market closes on Wednesday, November 6, 2013. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate Web site, 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 i... 
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09/02/13CBS Corporation And Time Warner Cable Reach Content Carriage Agreement
Deal Includes Retransmission Consent for CBS Owned Stations and Carriage of Showtime, CBS Sports Network and Smithsonian Channel Programming to Resume by 6 PM ET Today NEW YORK, Sept. 2, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) and Time Warner Cable and Bright House Networks have reached an agreement for carriage of CBS owned stations on Time Warner Cable systems across the country, as well as Showtime Networks, CBS Sports Network and Smithsonian Channel, it was announced... 
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08/22/13CBS Corporation And Verizon Reach Content Carriage Agreement
Three-Year Deal Includes Retransmission Consent for CBS Owned Stations on Verizon FiOS TV NEW YORK, Aug. 22, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) and Verizon Communications Inc. (NYSE: VZ) have reached a new agreement for continued retransmission of CBS owned stations and wider distribution of CBS Sports Network on Verizon's FIOS TV in multiple markets across the country, it was announced today by both companies. Terms of the agreement were not disclosed. "We are very... 
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07/31/13CBS Corporation Reports Second Quarter 2013 Results
Revenues of $3.7 Billion, Up 11% OIBDA of $952 Million, Up 5% Operating Income of $838 Million, Up 6% Diluted EPS of $.76, Up 12% NEW YORK, July 31, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported its highest ever quarterly profits for the second quarter ended June 30, 2013. "CBS's remarkable momentum continues to build," said Sumner Redstone, Executive Chairman, CBS Corporation. "This is a Company built for long-term success, and I know Les and his team... 
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07/25/13CBS Corporation Increases Authorization Of Its Share Repurchase Program To $6 Billion
NEW YORK, July 25, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has expanded its share repurchase program to a total availability of $6 billion, an increase of $5.1 billion. Since the share repurchase program was initiated in January 2011, through the end of the second quarter of 2013, CBS has returned $3.75 billion of value to its shareholders. In addition, the Board has approved a quarterly dividend on the Company's stock of $.12 pe... 
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07/16/13Platinum Equity Makes Irrevocable Binding Offer of $225 Million for CBS Outdoor International
LOS ANGELES, CA and NEW YORK, NY -- (Marketwired) -- 07/16/13 -- Platinum Equity and CBS Corporation (NYSE: CBS.A) (NYSE: CBS) announced today that an affiliate of Platinum Equity has made an irrevocable binding offer to acquire the assets of CBS Outdoor International ("CBSO International"). The proposed transaction represents a total value of approximately $225 million and is subject to completion of works council consultation and other conditions. CBSO International is a leading outdoor media... 
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07/08/13CBS And Netflix Announce Extension Of Multiyear Licensing Agreement For Library Content In The U.S.
NEW YORK and BEVERLY HILLS, Calif., July 8, 2013 /PRNewswire/ -- CBS Corporation [NYSE: CBS.A and CBS] and Netflix, Inc. [Nasdaq: NFLX] today announced an extension of its multiyear licensing agreement for select CBS library content streamed instantly to Netflix customers. Under the revised deal, new titles such as "L.A. Complex," "4400," and "CSI: NY" will be available to Netflix subscribers. Terms of the deal were not disclosed. "We are very pleased to build on this long-term partnership t... 
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06/05/13Joseph Ianniello Named Chief Operating Officer Of CBS Corporation
NEW YORK, June 5, 2013 /PRNewswire/ -- Joseph Ianniello has been named Chief Operating Officer of CBS Corporation (NYSE: CBS.A and CBS), it was announced today by Leslie Moonves, the Company's President and Chief Executive Officer.  In this new role, Ianniello will continue to oversee all financial operations and work closely with Moonves and senior management to maximize the monetization of the Company content, including oversight of negotiations for digital streaming, retransmission consent fe... 
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06/03/13CBS Corporation To Report Second Quarter 2013 Results On Wednesday, July 31
NEW YORK, June 3, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the second quarter of 2013 after the market closes on Wednesday, July 31, 2013. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate Web site, 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 (... 
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05/31/13CBS Corporation Wholly Acquires TV Guide Digital, Including TVGuide.com and TV Guide Mobile
Joins CBS Interactive's Industry-Leading Portfolio of Brands, Including CBS.com, CBSSports.com, CBSNews.com, CNET, GameSpot, TV.com, Last.fm and More TVGN Cable Network to Continue as Joint Venture Between CBS Corporation and Lionsgate SAN FRANCISCO, May 31, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced it has wholly acquired TV Guide Digital, which includes the popular TVGuide.com and TV Guide Mobile properties.  Under the terms of the deal, CBS Corporation ac... 
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05/29/13CBS Corporation Executive Vice President And Chief Financial Officer Joseph Ianniello To Participate In The Bank Of America Merrill Lynch Global Telecom & Media Conference
NEW YORK, May 29, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Joseph Ianniello, Executive Vice President and Chief Financial Officer, will participate in a question-and-answer session at the Bank of America Merrill Lynch Global Telecom & Media Conference in London on Tuesday, June 4, 2013. The session will begin at 3:20 PM, BST (10:20 AM, ET). An audio webcast of the session can be accessed here. A replay of the audio webcast will be available in the Investors/N... 
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05/23/13CBS Corporation Announces Quarterly Dividend
NEW YORK, May 23, 2013 /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 $.12 per share. The dividend is payable on July 1, 2013, to shareholders of record on June 10, 2013. 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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05/13/13CBS Corporation Executive Vice President and Chief Financial Officer Joseph Ianniello To Participate In The 14th Annual B. Riley & Co. Investor Conference
NEW YORK, May 13, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Joseph Ianniello, Executive Vice President and Chief Financial Officer, will participate in a question-and-answer session at the 14th Annual B. Riley & Co. Investor Press Conference on Wednesday, May 22, 2013. The session will begin at 10:30 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 the CBS Co... 
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05/01/13CBS Corporation Reports First Quarter 2013 Results
Revenues of $4 Billion, Up 6% OIBDA of $916 Million, Up 15% Operating Income of $800 Million, Up 18% Diluted EPS of $.73, Up 24% NEW YORK, May 1, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported its strongest ever quarterly results, including revenue that exceeded $4 billion for the first time since CBS became a stand-alone Company in 2006. "CBS has started the year with a terrific first quarter," said Sumner Redstone, Executive Chairman, CBS Corporation. ... 
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03/26/13CBS And Lionsgate Enter 50/50 Partnership On Highly Distributed Entertainment Cable Network
CBS Acquires 50% Stake in TVGN and TVGuide.com NEW YORK, March 26, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) and Lionsgate (NYSE: LGF) announced today that the companies have entered into a 50/50 partnership for the highly distributed entertainment cable network TVGN and the website TVGuide.com.   The basic cable network, available in more than 80 million homes, will continue to be entertainment-focused, with a specific rebranding and programming strategy to be announced at a... 
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02/28/13CBS Corporation To Report First Quarter 2013 Results On Wednesday, May 1
NEW YORK, Feb. 28, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the first quarter of 2013 after the market closes on Wednesday, May 1, 2013. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate Web site, 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 (... 
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02/27/13CBS Corporation President and Chief Executive Officer Leslie Moonves to Participate in Deutsche Bank's 2013 dbAccess Media, Internet & Telecom Conference
NEW YORK, Feb. 27, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at Deutsche Bank's 2013 dbAccess Media, Internet & Telecom Conference in Palm Beach, Fla., on Monday, March 4, 2013. The session will begin at 6:30 PM, 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... 
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02/19/13CBS Corporation President and Chief Executive Officer Leslie Moonves To Participate In The Morgan Stanley Technology, Media & Telecom Conference
NEW YORK, Feb. 19, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) announced that Leslie Moonves, President and Chief Executive Officer, will participate in a question-and-answer session at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Tuesday, February 26, 2013. The session will begin at 11:00 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 the... 
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02/14/13CBS Corporation Reports Record Results For The 2012 Fourth Quarter And Full Year
Fourth Quarter Revenue of $3.7 Billion, Up 2% Fourth Quarter Adjusted OIBDA of $866 Million, Up 6% Fourth Quarter Operating Income of $726 Million, Up 12% Fourth Quarter Adjusted Diluted EPS of $.64, Up 14%; Diluted EPS of $.62, Up 19% NEW YORK, Feb. 14, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results for the fourth quarter and full year ended December 31, 2012. "CBS has turned in another quarter of exceptional performance, capping off another te... 
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02/14/13CBS Corporation Announces Plans For A $1 Billion Accelerated Share Repurchase
NEW YORK, Feb. 14, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it plans to repurchase an additional $1 billion of its Class B common stock in 2013, nearly doubling the Company's commitment for the year. CBS plans to initiate the accelerated share repurchase (ASR) transaction during the first quarter. "Our plan to repurchase an additional $1 billion shares of CBS stock this year demonstrates both the confidence we have in our future and the commitment we h... 
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01/29/13CBS Corporation Announces Quarterly Dividend
NEW YORK, Jan. 29, 2013 /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 $.12 per share. The dividend is payable on April 1, 2013, to shareholders of record on March 11, 2013. 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 Comp... 
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01/16/13CBS Corporation Announces Two Strategic Initiatives For Its Outdoor Segment
The Company Begins the Conversion of Its Outdoor Americas Business Into a Real Estate Investment Trust (REIT) CBS Will Also Pursue a Divestiture of Its Outdoor Business in Europe and Asia NEW YORK, Jan. 16, 2013 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced a pair of strategic initiatives regarding its CBS Outdoor operating segment, which is comprised of two businesses -- one in the Americas and the other in Europe and Asia. For the Outdoor Americas division, th... 
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