Last $53.61 USD
Change Today -0.41 / -0.76%
Volume 1.7K
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As of 12:14 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

cbs corp-class a voting (CBS/A) Key Developments

CBS Corporation Announces Launch of CBS All Access

CBS Corporation announced the launch of CBS All Access, a new digital subscription video on demand and Nielsen-measured live streaming service for the CBS Television Network. CBS All Access will offer subscribers thousands of episodes from the current season, previous seasons and classic shows on demand, as well as the ability to stream local CBS Television stations live in 14 of the largest US markets at launch. CBS All Access is available beginning at CBS.com and on mobile devices through the CBS App for iOS and Android. The service allows to watch more CBS programming online and on mobile devices, while introducing yet another monetization window for the company's content. CBS All Access will be available on other major connected devices in the coming months. Non-subscribers will continue to have access to the most recent current episodes of CBS programming on CBS.com, select CBS Audience Network partner sites and through the CBS App. Programming will be available the day after the shows air on TV, with an eight-day delay on mobile devices for primetime series only.

CBS Corporation Presents at Digital Media Thought Leaders Conference, Oct-09-2014

CBS Corporation Presents at Digital Media Thought Leaders Conference, Oct-09-2014 . Venue: The Paley Center for Media, Manhattan, New York, New York, United States.

CBS Corp. Seeks Acquisition

CBS Corporation (NYSE:CBS) will look for potential acquisitions if they are accretive.

CBS Corporation and Media General Sign Deal to Renew All Affiliation Agreements

CBS Corporation and Media General, Inc. announced a comprehensive deal that renews all of Media General's existing station affiliation agreements. These agreements strengthen its important partnership with CBS and enable its to continue providing its viewers with high-quality network programming. The agreement includes renewals for the following Media General affiliates: WRBL in Columbus, Ga.; WBTW in Florence, S.C.; WNCT in Greenville, N.C.; WHLT in Hattiesburg, Miss.; WJTV in Jackson, Miss.; WJHL-TV in Johnson City, Tenn.; KLFY in Lafayette, La.; WLNS-TV in Lansing, Mich.; WKRG-TV in Mobile, Ala.; KELO in Sioux Falls, S.D. (including its satellites KDLO in Florence, S.D. and KPLO in Reliance, S.D.); KCLO in Rapid City, S.D.; and WSPA-TV in Spartanburg, S.C.

Mallory Musallam Files Class Action Lawsuit Against CBS Broadcasting and CBS Corp

Mallory Musallam filed a class action lawsuit last week against CBS Broadcasting, CBS Corp., and the late night host's Worldwide Pants, for compensation for the time she worked as an intern on the show, as well as compensation for everyone else who ever interned there without pay. Musallam's suit claims she worked full 40-hour weeks without ever receiving any 'academic or vocational training' while at the Late Show. The suit comes as ICM Partners is fighting off a similar class action suit of its own, and filed a motion to dismiss the action last week. But last year, a federal judge found interns working on Darren Aronofsky's Black Swan were actually employees under the definition of the Fair Labor Standards Act and New York Labor Law.

 

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CBS/A:US $53.61 USD -0.41

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Company Last Change
British Sky Broadcasting Group PLC 861.50 GBp +2.00
DISH Network Corp $61.99 USD +0.99
Liberty Global PLC $44.87 USD +0.98
Omnicom Group Inc $69.99 USD +0.60
Viacom Inc $71.51 USD +0.04
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Industry Analysis

CBS/A

Industry Average

Valuation CBS/A Industry Range
Price/Earnings 17.1x
Price/Sales 2.0x
Price/Book 3.4x
Price/Cash Flow 11.1x
TEV/Sales 1.3x
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