Advertising helps lift CBS fourth-quarter profit

Thu Feb 14, 2013 4:11pm EST

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Feb 14 (Reuters) - CBS Corp reported higher profit for the fourth quarter, boosted by gains in advertising revenue and an increase in affiliate and subscription fees.

CBS said on Thursday it recorded $414 million in adjusted net earnings for October through December, up from $377 million a year earlier. Adjusted earnings per share reached 64 cents, the company said.

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