or


[02/24/10 - 11:52 AM]
CBS Corporation Announces New, Five-Year Employment Agreement with President and Chief Executive Officer Leslie Moonves
"I have the privilege of working with the greatest team of people in this or any other business," said Moonves.

[via press release from CBS]

CBS CORPORATION ANNOUNCES NEW, FIVE-YEAR EMPLOYMENT AGREEMENT WITH PRESIDENT AND CHIEF EXECUTIVE OFFICER LESLIE MOONVES

New Agreement Supersedes Prior Contract and Extends Employment through February 2015

CBS Corporation (NYSE: CBS and CBS.A) announced today a new employment agreement with President and Chief Executive Officer Leslie Moonves. The agreement supersedes the prior contract, which was to conclude in 2011, and extends his employment with the CBS Corporation through February 22, 2015.

"This is, above all, great news for every shareholder of CBS," said Sumner Redstone, Executive Chairman and Founder, CBS Corporation. "Leslie is a superb executive who has led CBS to a position of unparalleled leadership in the industry. This agreement not only secures the future of the Company for many years to come, it also further aligns and strengthens the interests of the chief executive with those of our shareholders. I look forward to working with Leslie as we capitalize on all of the opportunities that lie ahead."

"I have the privilege of working with the greatest team of people in this or any other business," said Moonves. "I am very gratified that my relationship with the Company will continue as we build on the strong foundation we have laid for ongoing growth and success."

Under the terms of the agreement, Moonves' salary remains at its current level. As before, he will continue to be eligible for an annual performance-based bonus and will receive significant equity-based compensation that ties the value of the agreement to the performance of the Company's stock. The Company has also provided incentives for Moonves to continue his relationship with the Company at the end of the employment term.

For more information regarding the agreement, please see the Company's Annual Report on Form 10-K to be filed with the Securities and Exchange Commission, which attaches a copy of the employment agreement.

About CBS Corporation

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW � a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime Networks and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Television Studios, CBS Studios International and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment) and motion pictures (CBS Films). For more information, log on to http://www.cbscorporation.com/.





  [february 2010]  
S
M
T
W
T
F
S
 


· SHOWATCH
(series past and present)
· DEVWATCH
(series in development)
· MOVIEWATCH
(tv movies and mini-series)





[08/21/17 - 01:05 PM]
Netflix Renews "Friends from College" for a Second Season
With interwoven and oftentimes complicated relationships with one another, "Friends from College" is a comedic exploration of old friendships, former romantic entanglements and balancing adult life with nostalgia for the past.

[08/21/17 - 12:40 PM]
ESPN Films' 30 for 30 Series Continues with "Year of the Scab" on September 12
On Tuesday, September 12, ESPN Films' award-winning "30 for 30" documentary series will continue with a feature-length film on the group of men who replaced the Washington Redskins team during the 1987 NFL players strike.

[08/21/17 - 11:44 AM]
TV One's "Rickey Smiley for Real" Garners Second Consecutive Week of Growth Among Women 18-49 and 25-54
TV One further spins the numbers for Tuesday, August 15.

[08/21/17 - 10:38 AM]
CBS News to Broadcast President Trump's Primetime Address Tonight
Anthony Mason will anchor the coverage beginning at 9:00/8:00c.

[08/21/17 - 10:12 AM]
Pro Football Hall of Famer Eric Dickerson Joins FOX Sports
"We couldn't be more excited to add Eric's voice to our programming slate," said Whit Albohm.

[08/21/17 - 09:33 AM]
VH1 Greenlights "RuPaul's Drag Race All Stars" for a Third Season and Brings Back the Emmy(R)-Nominated "Untucked" Aftershow for the Regular Series
"The world is calling out to see more of these beautiful queens and I am going to give them every bit of it they can handle," said executive producer and host RuPaul.

[08/21/17 - 09:29 AM]
More Southern Home Renos on the Way as HGTV Renews "Flip or Flop Atlanta" for Second Season
HGTV has picked up 14 episodes of the series for a sophomore season.

[08/21/17 - 09:06 AM]
TLC and Investigation Discovery Partner to Present "Chandra Levy: An American Murder Mysyery"
The three-hour special event premieres Monday, September 4 at 8:00/7:00c on TLC.

[08/21/17 - 08:26 AM]
Sunday's Broadcast Ratings: CBS, "Big Brother" Hold Off Competition
The Eye wins the night among total viewers as well as adults 18-49.

[08/21/17 - 08:12 AM]
Oxygen Media Searches for Answers in a New Six-Part Event Series "The Disappearance of Maura Murray" Beginning Saturday, September 30 at 9PM ET/PT
Oxygen Media dives head first into the unnerving suspicion and conspiracies surrounding one of the most prominent cold cases of the social media age.

[08/21/17 - 08:05 AM]
Video: Teaser for the Netflix Original Series "Marvel's The Punisher"
After exacting revenge on those responsible for the death of his wife and children, Frank Castle (Jon Bernthal) uncovers a conspiracy that runs far deeper than New York's criminal underworld.

[08/20/17 - 08:31 AM]
Saturday's Broadcast Ratings: CBS, NBC Split Demo Crown
NASCAR on the Peacock and a rebroadcast of its Princess Diana special on the Eye lead the evening.

[08/19/17 - 08:37 AM]
Friday's Broadcast Ratings: CBS Gets Another Bump from "Big Brother" Special
The Eye edges the competition in both total viewers and adults 18-49.

[08/18/17 - 11:18 PM]
Development Update: Friday, August 18
Updates include: D.J. Nash sells projects to ABC, CBS; Kevin Falls brings "The Unrequited" to NBC; and Steven Lilien, Bryan Wynbrandt set up "God Friended Me" at CBS.

[08/18/17 - 12:05 PM]
Walkers Are Invading AMC for "The Walking Dead" Multi-Weekend Marathon Event Beginning Sunday, August 20 at 9:00 A.M. ET/PT
Plus: look for "The Walking Dead: Season 8 Preview Special" on Sunday, September 10.