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Yahoo! Inc., the subject of all kinds of M&A hoopla, is outsourcing its Internet radio business to CBS Radio, which is building something of a streaming behemoth second only to YouTube Inc. Early next year, CBS Radio will power Yahoo! Music's Launchcast Radio, combining 300 stations with CBS assuming sales...
Posted on December 3, 2008 4:48 PM
How does CBS CEO Les Moonves see the Internet? Moonves went digital in a hurry in May, paying $1.8 billion for Cnet Networks Inc. and coming down firmly on the "buy"-side of a build-versus-buy decision.Tuesday Wired quoted an interesting remark he made at a conference: "The future of the Internet...
Posted on September 24, 2008 4:25 PM
Netflix Inc. continues to grow its Web of partners to facilitate the viewing of content online. While the company makes its money delivering DVDs, it has been building its video-streaming business that allows subscribers to download and view movies and television programs on their computers or mobile devices. Netflix on...
Posted on September 23, 2008 9:59 AM
CBS Corp. says it will sell about 50 radio stations serving midsize markets. Courtney Thompson of investment bank Media Services Group wonders what took it so long. "It's like the Pareto law," says Thompson. "About 80% of the revenue comes from 20% of the market." That's why CBS will concentrate...
Posted on July 31, 2008 4:16 PM
Monday was day 1 for CBS Corp.'s $1.8 billion acquisition of Cnet Networks, and it got underway with a letter to employees from CBS chief executive Quincy Smith and former Cnet CEO Neil Ashe. In it, the executives outlined the organizational structure and leadership of the newly merged businesses and...
Posted on July 1, 2008 3:04 PM
When you think of growth opportunities for an old-media company, you may think of all things digital. But don't forget outdoor advertising in the developing world. CBS Corp. hasn't. It just acquired International Outdoor Advertising Group for $110 million in cash, gaining what it calls an "entry point and leadership...
Posted on April 24, 2008 12:55 PM
CBS Corp. is putting more heft behind its CBS Interactive project. As part of a restructuring, Bryon Rubin is leaving his CBS corporate development and mergers and acquisitions role to become EVP and CFO of CBS Interactive, responsible for financial strategy and working with Michael Marquez, VP of strategy and...
Posted on April 18, 2008 3:40 PM
To prosper on the web, content companies need a strategy for building up the leverage they can wield against distributors.
Posted on October 15, 2007 8:46 AM
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