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Les Moonves

Earnings
CBS’ Moonves: We’re Not Just Counting On Netflix

May 3, 2011 5:16 PM

Although the agreement between CBS (NYSE: CBS) Corp.‘s Showtime network and Netflix (NSDQ: NFLX) is set to expire this summer, CEO Les Moonves said the two companies are in talks to expand the deal internationally, particularly into Latin America. While Moonves described himself as happy with the current arrangement with…

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Posted In: Advertising, Media & Publishing, TV, Broadcast, Cable & Telecom, Money, Earnings, Social Media, Video, Companies, CBS, CBS Interactive, Last.fm, les moonves

CBS CEO Moonves’ Pay Jumped To $57 Million In 2010

Apr 15, 2011 7:00 PM

CBS (NYSE: CBS) CEO Leslie Moonves’ total compensation in 2010 jumped to a staggering $57.7 million, up from $43 million in 2009, according to the company’s latest proxy statement. That’s still below the huge $67.7 million payday he received in pre-recession 2007, but from the footnotes in the filing it…

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Posted In: Money, Companies, CBS, les moonves

CBS’ Moonves: Still Cautious About Hulu, Bullish On TV Everywhere

Nov 5, 2010 1:20 AM

CBS Interactive (NYSE: CBS) display ad sales rose 17 percent, reflecting the wider turnaround in advertising media companies have been enjoying this year, even as economic uncertainty persists. Although CBS itself didn’t have syndication boost it had from the sales of five major shows in Q309, which caused total revenues…

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Posted In: , les moonves

Moonves Confirms That CBS Might Bring Content To Hulu Plus

Sep 22, 2010 5:30 PM

Hulu has had recent discussions with CBS (NYSE: CBS) about bringing CBS content to the new Hulu Plus subscription service, and CBS CEO Les Moonves described that possibility at the Goldman Sachs Communacopia Conference as “interesting” and one that remains under consideration. “It makes a lot more sense to us…

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Posted In: Advertising, Media & Publishing, TV, Companies, Apple, CBS, Hulu, hulu plus, les moonves

CBS Extends Moonves’ Contract Till 2015; Same Salary But Performance Targets

Feb 24, 2010 2:42 PM

CBS (NYSE: CBS) Corp believes Les Moonves is the guy to lead and protect the TV net revenues in face of digital erosion, so much so that it has extended his CEO contract until 2015, and has incentivized him to renew after that, it announced today. Moonves’ contract was slated…

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Posted In: Companies, CBS, les moonves

@Paley Center: Bewkes On Justifying CNN’s Low Ratings

Nov 18, 2009 2:47 PM

I am at the Paley Center in midtown Manhattan, for their big yearly powwow on the future of global media and entertainment, listening to Katie Couric interview Jeff Bewkes and Les Moonves. Among the other questions, an audience member asked about the low ratings of CNN, compared to Fox and…

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Posted In: Companies, CBS, Time Warner, Turner, cnn, jeff bewkes, les moonves

Moonves: ‘Early Signs’ Of Improving Ad Market; No Impact From ABC-Hulu

May 7, 2009 10:07 PM

Add *CBS* CEO Leslie Moonves to the growing of media execs seeing signs of hope as the second quarter of 2009 hits the midpoint. Moonves told analysts on the company’s Q1 earnings call that CBS (NYSE: CBS) is “seeing early signs of improvement in the advertising market place both locally…

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Posted In: Advertising, Media & Publishing, TV, Social Media, Video, Companies, CBS, CBS Interactive, CNET, Hulu, NBC Universal, News Corp., fred reynolds, les moonves, tv.com

Earnings
Earnings: CBS Swings To $55 Million Loss For Q1; Plays Up Interactive

May 7, 2009 3:17 PM

It’s not usually a good sign when your earnings report starts with a vote of confidence from the boss and is followed by an explanation about why the same quarter last year was so good. CBS Corp. (NYSE: CBS) lost $55.3 million, or $0.8 per share, in the first quarter,…

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Posted In: Media & Publishing, TV, Cable & Telecom, Money, Earnings, Companies, CBS, CBS Interactive, CNET, les moonves, sumner redstone

CBS CEO Moonves Raves About TV.com; Hulu Who?

Feb 18, 2009 5:20 PM

During the CBS Q4 earnings call, CEO Leslie Moonves offered TV.com’s relaunch as an example of how CBS Interactive is doing post-CNET Networks acquisition: “It’s clearly going to be a very, very big player in what is clearly a fast-growing category.” The numbers sound great—TV.com has added thousands of video…

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Posted In: Media & Publishing, TV, Technologies / Formats, Broadband, Companies, CBS, CBS Interactive, Hulu, NBC Universal, News Corp., les moonves

@ UBS Media Week: Moonves: CBS Wouldn’t Buy CNET In This Market; ‘Highly Doubt’ Any Acquisitions

Dec 10, 2008 11:58 AM

CBS (NYSE: CBS) CEO Leslie Moonves raved about the value of the CNET acquisition and the integration since the merger with CBS Interactive, but told investors he wouldn’t make the same deal today. “The CNET deal was in May.…Life was very different. We would not be doing that acquisition today.”…

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Posted In: Companies, CBS, CBS Interactive, CNET, les moonves

@ Mixx: Moonves: Why Pay $1.8 Billion For CNET? So We Could Take Money Away From Newspapers

Sep 23, 2008 8:58 AM

After a quick introduction for their Q&A session at the Interactive Advertising Bureau’s Mixx conference, IAB head Randall Rothenberg asked *CBS* CEO Leslie Moonves something he’s been asked a lot lately: Why spend $1.8 billion on *CNET*? —From old media to new instantly: Moonves: We are a content company. Some…

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Posted In: Advertising, Entertainment, Marketing, Media & Publishing, TV, Companies, CBS, les moonves, randall rothenberg

Communacopia: CBS’ Moonves: Why Watch Live Sports Online When You Can Watch Your HDTV?

Sep 17, 2008 2:36 PM

After going over the new fall shows, Les Moonves, CBS Corp.‘s (NYSE: CBS) president and CEO, offered words of praise for DVRs and TiVo (NSDQ: TIVO), claiming that video-on-demand hasn’t hurt ad dollars. Speaking at Goldman Sachs’ Communacopia conference, Moonves said he was also surprised by how the demand for…

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Posted In: Entertainment, Movies, DVD, Media & Publishing, TV, Cable & Telecom, VOD, Companies, CBS, communacopia, les moonves

Earnings
CBS: Moonves: CNET On Target; Immediately Accretive; $1 Billion Interactive Revenue In Three Years

Jul 31, 2008 7:46 AM

After having listened to several of these so far this quarter, conference call intros are getting pretty predictable: The economy is weak, but business is holding up, and don’t forget to look at all that cash we’re throwing off. CBS (NYSE: CBS) CEO Les Moonves explained that the company is…

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Posted In: Money, Earnings, Companies, CBS, CBS Interactive, CNET, les moonves

Interview: Leslie Moonves, CEO, CBS: Choice Between CNET, Weather Channel Wasn’t ‘That Blatant’

Jun 30, 2008 2:26 PM

While others deal with the integration of CNET (NSDQ: CNET) Networks into CBS Interactive (NYSE: CBS), CBS CEO Leslie Moonves has to keep selling the strategy and the acquisition to his own grumbling shareholders. He told paidContent this afternoon he still believes the new CBS Interactive will have $1 billion…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, CBS, CBS Interactive, CNET, les moonves

Exclusive
CBS-CNET: Interview: Leslie Moonves, CEO, CBS: ‘Right Opportunity, Right Time, Right Price’

May 15, 2008 6:50 AM

Just got off the phone with CBS CEO Leslie Moonves in his first interview following the announcement that CBS (NYSE: CBS) will acquire CNET (NSDQ: CNET) for $1.8 billion in cash. Moonves said CBS had looked at CNET for more than a year but initiated discussions only six-eight weeks ago.…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Exclusive, Companies, CBS, CBS Interactive, CNET, les moonves

Filings Watch: Exec Salaries: Moonves’ 28 Percent Raise; Martha Stewart’s $2.06 Million; Akamai

Apr 13, 2008 5:26 PM

From the filings and stories, executive salary watch for some media companies:—MSLO: Martha Stewart, founder of Martha Stewart Living Omnimedia (NYSE: MSO), received $2.06 million in compensation for 2007 while company CEO Susan Lyne received a little over $1 million as the company returned to profitability, reports AP, citing the…

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Posted In: Companies, CBS, akamai, les moonves, martha stewart, mslo, wenda harris millard

@ UBS Media Week: Les Moonves, CEO, CBS; Digital Future Bright, But No Need for Shades (Yet)

Dec 4, 2007 4:08 PM

Networks executives have been slammed over their apparent doublespeak when it comes to digital media. How can digital represent such a boon, but there still not be any extra money to pay the striking writers? A month into the strike, it looks like they may be getting better at threading…

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Posted In: Entertainment, Media & Publishing, TV, Companies, CBS, CBS Interactive, les moonves

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