CBS, the number one broadcast network, is having a monster year. Propelled by hits like NCIS and Two and a Half Men, the company continues to rake in TV advertising dollars. Despite the ongoing structural shift in ad dollars from print to online, TV ad spending remains very strong and continues to grow. CBS is also benefiting from lucrative retransmission fees, which it receives from cable and satellite networks for its content. As a content owner, CBS is well-positioned to capitalize on emerging streaming and on-demand trends, such as Netflix, both at home and internationally.
CBS: +49.71 percent
February 29, 2012 at 440 × 307 in Mid-Year Media Stock Review: Content Trumped Tech in First Half of 2011