CBS
CBS (formerly the Columbia Broadcasting System) is a television broadcast network owned by ViacomCBS. In addition to the broadcast network, CBS operates more than a dozen local stations across the country as well as CBS News, CBS Sports and cable channels CBS Sports Network, Smithsonian Channel and Pop Network. Prior to its merger with Viacom, CBS also operated the premium multiplex movie services Showtime and The Movie Channel.
DOJ green-lights Paramount-Warner Bros merger; California AG says deal not done
The Justice Department gave an unconditional sign-off to Paramount's acquisition of Warner Bros Discovery, but California regulators said the deal is far from closing.
New “60 Minutes” producer Nick Bilton fires Scott Pelley from CBS News
CBS News has fired long-time correspondent Scott Pelley, just one day after a heated confrontation with newly-minted "60 Minutes" EP Nick Bilton.
After selling TV stations, Byron Allen buys $91.3 million mansion in Aspen
Byron Allen likes to buy nice things, and his latest big-ticket purchase is a mansion in one of Colorado's premiere resort towns.
CBS reverses copyright crusade over Colbert’s guerilla public access appearance
Paramount says it will stop issuing copyright infringement notices against YouTube accounts that shared Stephen Colbert's public access appearance.
KOVR becomes latest CBS-owned station to launch virtual reality studio
CBS News & Stations has launched its latest augmented-virtual reality (AR/VR) news studio at its CBS-owned station in Sacramento
Paramount grows revenue 2 percent during Q1; Paramount Plus adds 2 million customers
Paramount's streaming and studio businesses offset ongoing losses in its traditional TV media unit during Q1.
EARNINGS REPORT
Warner Bros shareholders approve acquisition by Paramount
The deal still faces potential regulatory hurdles from federal and state officials.
Network affiliates to FCC: Sports antitrust exemption should apply to broadcast TV only
Affiliates argue that streaming platforms' exclusive sports rights deals force fans to pay for games previously available free on broadcast TV and reduce networks' investment in local news.
FIRST ON THE DESK
CBS CEO says late night deal with Byron Allen is “temporary”
The network made a one-year deal with Allen for "Comics Unleashed," but is still exploring ways to develop and distribute its own low-budget late night programming.
California CBS stations to host gubernatorial debate
Three Paramount-owned local television stations in California will broadcast a debate involving the state's candidates for governor.
FIRST ON THE DESK
Justice Department probes NFL deals with streaming services
The DOJ has opened an antitrust investigation into the NFL’s media rights deals with broadcasters and streaming platforms.
CBS gives “Late Show” time slot to Byron Allen
Paramount's broadcast network CBS will hand over the 11:35 p.m. Eastern Time slot to Byron Allen in mid-May upon the closure of its "Late Show" franchise.