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CBS Corp (CBS)

CBS on New York Consolidated

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29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

CBS says CBS All Access, Showtime OTT streaming services surpassed 2 mln subscribers - Conf Call
Thursday, 28 Jul 2016 04:15pm EDT 

CBS Corp : Says cbs all access and showtime ott streaming services have surpassed 2 million subscribers - Conf call Further company coverage: [CBS.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Cbs Corp Q2 earnings per share $0.93
Thursday, 28 Jul 2016 04:05pm EDT 

CBS Corp : During quarter, retransmission consent and reverse compensation grew 44% and remain on track to surpass $1 billion in revenue this year . Cbs corporation reports second quarter 2016 results . Q2 earnings per share $0.93 . Q2 earnings per share view $0.86 -- Thomson Reuters I/B/E/S . Q2 revenue $3.29 billion versus I/B/E/S view $3.21 billion .Over-The-Top streaming services, cbs all access and showtime ott, continue to exceed expectations, anticipate a significant lift next year.  Full Article

Cbs Corp increases dividend and share repurchase program
Thursday, 28 Jul 2016 07:58am EDT 

CBS Corp : CBS corporation increases dividend and share repurchase program . Board also voted to increase company's share repurchase program to a total availability of $6 billion . Quarterly dividend to rise 20 percent .To raise company's quarterly dividend by 20 percent, from 15 cents to 18 cents per share.  Full Article

Apple says Apple music will be global home of CBS's new Carpool Karaoke series
Tuesday, 26 Jul 2016 04:01pm EDT 

Apple Inc : Host for new series and a premiere date will be announced later, with production slated to begin soon . Each week, a new episode will become available exclusively to Apple Music subscribers . Apple Music will be global home of CBS television studio's new Carpool Karaoke series through exclusive first-window licensing agreement . New Carpool Karaoke series for Apple Music will be produced by cbs television studios and Ben Winston's production company, Fulwell 73 Further company coverage: [AAPL.O] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Apple buys new "carpool karaoke" series from CBS -CNBC
Tuesday, 26 Jul 2016 03:49pm EDT 

Apple Buys New "Carpool Karaoke" Series From Cbs Based On The Popular Late Night Segment; Series To Stream On Apple Music : Cnbc.  Full Article

Netflix, CBS Studios announces international agreement for "Star Trek" TV series
Monday, 18 Jul 2016 09:00am EDT 

Netflix Inc :Netflix, CBS Studios International announced international licensing agreement for new "Star Trek" television series.  Full Article

TerraCross Championship extends agreement with CBS Sports Network for 2016, 2017
Thursday, 14 Jul 2016 07:59am EDT 

CBS Corp :Announces it has extended its agreement with CBS Sports Network for 2016 and 2017 seasons.  Full Article

Twitter and CBS News announce live streaming partnership
Monday, 11 Jul 2016 09:00am EDT 

Twitter Inc : Twitter and CBS News announce live streaming partnership for Republican and Democratic National Conventions .Twitter and Cbs News announce partnership to stream CBSN's live coverage from Republican and Democratic National Conventions on Twitter.  Full Article

CBS Radio Inc files for IPO of up to $100 mln - SEC filing
Friday, 8 Jul 2016 04:29pm EDT 

CBS Radio Inc: Files for IPO - SEC filing . Files for IPO of up to $100 million - SEC filing . CBS currently intends to dispose of all of shares of common stock that it indirectly will own upon completion of IPO .Will continue to be controlled by CBS following IPO.  Full Article

CBS Corp announces pricing of debt offering of $700 mln of 2.90 pct senior notes due 2027
Wednesday, 6 Jul 2016 03:23pm EDT 

CBS Corp : CBS Corporation announces $700 million senior notes offering . Says announced the pricing of a debt offering of $700 million of 2.90 pct senior notes due 2027 .Intends to use net proceeds for repurchase of shares of CBS's outstanding common stock, repayment of short-term borrowings among other things.  Full Article

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Delaware judge proposes October trial over removal of Viacom directors

A Delaware judge on Friday ruled that Sumner Redstone's lawyers must defend in a trial his move to oust five directors from Viacom Inc's board and suggested that he wants to get a better picture of the 93-year-old media mogul’s mental capacity.