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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, NBC Universal, News Corp., fred reynolds, hulu, les moonves, tv.com

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

The Second Life Hype Has Fizzled—Is Twitter Next?

Feb 20, 2009 11:17 AM

Second Life is still a vibrant virtual world—with over 12.2 million registered users and more than 54,000 online the last time I logged in—but you wouldn’t know it from the media coverage (or lack thereof) lately. It wasn’t always this way, as MediaShift’s Mark Glaser recounts, in a post covering…

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Posted In: Advertising, Entertainment, Gaming, Media & Publishing, Social Media, Companies, CNET, Reuters, second life

Hulu’s Statement On Pulling Video From CBS Interactive’s TV.com: ‘Exercising Contractual Rights’

Feb 18, 2009 2:18 PM

Tuesday at 12:01 a.m. Pacific, Hulu pulled all of its video from TV.com, the recently relaunched CBS Interactive site.  A CBS Interactive spokeswoman told us this morning that no reason was given. Hulu’s terse statement suggests that both parties are aware of the rationale and that’s about all: “Hulu has…

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

More Info On CBS Interactive Reorg From Internal Memo, Including The Merging Of Some Units

Dec 11, 2008 10:12 PM

We reported first on the CBS Interactive (NYSE: CBS) reorg and layoffs last night, and since then, it has been confirmed by the company, and some other bits of info have been trickling out. Now, from the internal memo sent out earlier today by CEO Quincy Smith (posted here at…

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Posted In: Companies, CBS, CBS Interactive, CNET

Last.fm Lays Off Around 20 Staff, Part Of CBS/CNET Integration

Dec 11, 2008 4:31 PM

Last night, Last.fm staff in London were celebrating their Christmas party at a venue complete with hot tub. Through today’s hangover, they heard about 20 percent are being disposed of as parent CBS Interactive (NYSE: CBS) restructures in a cost-cutting move. CBS, which splashed out $280 million in May 2007…

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Posted In: Entertainment, Music, Companies, CBS, CBS Interactive, CNET, Countries, Europe, last.fm, layoffs

CBS Interactive Confirms CBSNews.com/CNET Newsroom Combo; No Word On Layoffs

Dec 11, 2008 11:20 AM

CBS Interactive (NYSE: CBS) is confirming paidContent’s earlier story that it is merging the newsrooms belonging to CBSNews.com and CNET into one. However, an emailed statement offered no specifics on layoffs or how the websites would be altered. The CBSI statement obliquely states the integration process between the two now…

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Posted In: Media & Publishing, Companies, CBS, CBS Interactive, CNET, cbsnews.com

CBS Interactive To Merge CBSNews.com and CNET Newsrooms; Some Layoffs

Dec 11, 2008 1:18 AM

CBS Interactive (NYSE: CBS), under pressure to cut costs after what now seems like an even more costly acquisition of CNET, is announcing some more restructuring tomorrow, we have learned from reliable sources late tonight, and as part of it, will be merging CBSNews.com and CNET newsrooms. Not clear: if…

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Posted In: Companies, CBS, CBS Interactive, CNET

@ 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

Industry Moves: Patrick Keane Out Of CBS Interactive Position

Dec 9, 2008 12:47 PM

Patrick Keane, the former Googler who was the EVP and CM at CBS Interactive (NYSE: CBS), has been transitioning out of his position, and hasn’t been in office in the last month, sources have confirmed, following an earlier report from Mediamemo. He was brought in early last year by Quincy…

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Posted In: Industry Moves, Companies, CBS, CNET, patrick keane

CBS Cuts Six People From Yet-To-Launch Music Site; More Layoffs To Come?

Nov 11, 2008 4:54 PM

CBS Interactive (NYSE: CBS), the digital arm of CBS which incorporates *CNET* now, is laying off six editorial employees for a planned music site called Juke, which never launched (news was first reported by Idolator). The site was in works before CBS bought CNET Networks, and as the integration happened,…

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Posted In: Companies, CBS, CNET, layoffs

Dem VP Pick Biden’s Tech Policy: Pro-Copyright Friend Of RIAA, MPAA; Net Neutrality Skeptic?

Aug 24, 2008 11:11 PM

Over the weekend, U.S. Sen. Joe Biden, who pulled out of the 2008 race for the Democrat’s presidential slot when voters gave him the cold shoulder, moved back in as Barack Obama’s choice. So where does he stand when it comes to tech policy? He didn’t respond to the questions…

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Posted In: Legal, Regulatory, Media & Publishing, Companies, CNET, joe biden

Broadband Content Bits: Katie Couric; MRC-MommyCast; Metacafe; Comcast-Metro; Entourage-iTunes

Aug 14, 2008 11:54 PM

—Katie Couric anchoring *CBS* web specials: Katie Couric will anchor live web exclusives from the 2008 Democratic and Republican National Conventions, scheduled to air right after the primetime coverage she will anchor on CBS (NYSE: CBS). The 15-to-30 minute webcasts for CBSNews.com and CNET.com will feature a behind-the-scenes look at…

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Posted In: Entertainment, Media & Publishing, TV, VOD, Social Media, Video, Technologies / Formats, Broadband, Companies, Apple, CBS, CNET

CNET: We’re Gettin’ It Done, Under CBS

Aug 13, 2008 5:24 PM

CBS Interactive (NYSE: CBS), the don’t-call-us-CNET (NSDQ: CNET), has reported some Comscore (NSDQ: SCOR) numbers on its first month under the CBS brand after the integration of CBS Interactive and CNET Networks, and at least on the traffic side, all this integration and TV-and-radio callout seems to be helping: —…

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Posted In: Companies, CBS, CBS Interactive, CNET

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

Shelby Bonnie’s Taking A Swing At Online Media, Again

Jul 28, 2008 12:26 PM

Shelby Bonnie’s CNET (NSDQ: CNET) chapter officially closed for good earlier this year, as the company he led for six years was sold to CBS (NYSE: CBS). Now he is back with his new online media startup Whisky Media, a publisher of vertical sites focused on different topics. We wrote…

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Posted In: Companies, CNET, shelby bonnie, whisky media

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

Interview: CEO Quincy Smith, President Neil Ashe, CBS Interactive; Filling In Gaps, Cross Promotion

Jun 30, 2008 12:38 PM

Now that the merger is complete, it’s time for CBS Interactive (NYSE: CBS) to get onto the business of “changing the world,” in the words of newly named division President Neil Ashe. As we wrote earlier, the unit is dividing into specific verticals. Among them: News & Technology, headed by…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, CBS, CBS Interactive, CNET, neil ashe, quincy smith

Updated: CBS’s New New Interactive Unit: Quincy As CEO; Ashe As President; More Changes

Jun 30, 2008 11:34 AM

CBS (NYSE: CBS) has announced a reorg of its interactive unit, after completing the big acquisition deal of CNET: the newly expanded and integrated CBS Interactive division will have Quincy Smith as its CEO, and Neil Ashe, the former CEO of CNET (NSDQ: CNET), as its president. The newly expanded…

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Posted In: Industry Moves, Companies, CBS, CBS Interactive, CNET, neil ashe, quincy smith

CNET’s New ‘Pipeless’ Logo

Jun 23, 2008 7:38 PM

CNET (NSDQ: CNET), in the process of being bought by CBS (NYSE: CBS), has launched a new logo for the company, without its vertical pipe, and has also redesigned its main CNET.com site. Besides the spiffier logo and the updated look, part of the redesign also includes “re-engineering the back-end…

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Posted In: Companies, CBS, CNET

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