CBS chief digging Leno’s move to primetime

May 7, 2009

CBS Chief Executive Les Moonves doesn’t sound particularly worried about NBC’s decision to put Jay Leno in the 10:00 pm timeslot five nights a week. In fact, he sounds a bit giddy about the whole thing.

Redstone swears by fish, vodka…and married women

April 30, 2009

Media mogul Sumner Redstone credits fish, Grey Goose vodka and plain hard work for giving him “the health of a 20-year-old.” 

March Madness: The great CBS experiment

March 19, 2009

Get your brackets filled out, hand over a few bucks to the office pool manager, and settle in for some March Madness. The NCAA basketball tournament starts today.

Les Moonves: No price cuts here!

March 3, 2009

CBS’s stock may be in the tank (now under $4 a share),  but Chief Executive Les Moonves is still pretty darn optimistic. That may be because his network — home to the “CSI” franchise, “Survivor,” and “The Mentalist” — is the only one of the big four that’s been pulling in more prime-time viewers. For months it has been crushing ABC, NBC, and Fox in the ratings game.

Redstone debt crunch could be easing, despite income loss

February 19, 2009

Here’s the latest on Sumner Redstone: On CBS’s earnings call he reiterated that negotiations with lenders regarding National Amusements’ debt situation were moving forward.

All eyes on CBS dividend

February 18, 2009

CBS reports its quarterly earnings later today and expectations are… well… low. That’s not surprising to anyone who has watched a parade of bad numbers coming out of the other big media companies this quarter. Viacom. Time Warner. Walt Disney. News Corp. There were few positive notes in any of them.

More see pressure building on CBS dividend

January 28, 2009

CBS has made a big deal about its dividend. Just three months ago, Chief Executive Les Moonves made clear his commitment to the quarterly payout to shareholders, who, by the way, have seen the stock fall nearly 75 percent in the last 12 months. Yep, 75 percent.

CBS wants to talk about your money

January 28, 2009

The financial crisis might have sapped more than its share of 401(k)s, but it’s providing the news business with all sorts of programming ideas.

Television ratings in deep freeze

December 24, 2008

Since we’re coming up on year’s end, it’s worth a quick review of the television season so far. It has stunk. There. That’s about all you need to know.

Now this is Hollywood entertainment

December 16, 2008

The divisions are deepening out in Hollywood – and we’re not talking about the standoff between the Screen Actors Guild and major studios. No, we’re talking about Tom Hanks vs Mel Gibson, George Clooney vs Martin Sheen. Actor against actor, start against star. Good stuff.