Leslie Moonves

Last week, CBS boss Leslie Moonves told ad buyers his network was at the "center" of the media universe. On Tuesday, he proved why. CBS wrapped the 2012-13 TV season with a commanding victory in every single ratings category, according to Nielsen....

  If viewers are losing interest in broadcast TV, what can lure them back? Executives hope they have an answer: stars. Lifting the curtain on their 2013-14 schedules at the "upfronts" in New York this week, the networks behaved like smartphone-...

NEW YORK (AP) — CBS on Wednesday revealed a few nips and tucks it is planning next season for what is already network television's most successful schedule, including adding a comedy with Robin Williams playing an unorthodox advertising executive...

NEW YORK -- Wrapping up a season in which it will finish first in both viewers and the crucial adults 18-49 demographic that advertisers favor, CBS unveiled a fall television schedule with four new comedies and two dramas. For CBS, the win in adults 18-...

Sony Corp. stock soared in afternoon trading after New York hedge fund Third Point proposed that the electronics and media giant make an initial public stock offering of up to 20% of its entertainment arm. That unit, known as Sony Entertainment Inc.,...

Can the return of Michael J. Fox, agent Jack Bauer and "Ironside" help vanquish the flesh-eating zombies that are threatening to take a bite out of television broadcasters' fortunes? ABC, CBS, Fox and NBC are unveiling their fall lineups this week...

New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a letter...

(Repeats Sunday item to widen distribution) By Lisa Richwine and Liana B. Baker May 12 (Reuters) - U.S. broadcast networks head into their biggest ad-selling season this week, competing with streaming services like Netflix, battling online players for...

May 10 (TheWrap.com) - If online video is poised to replace television, advertisers haven't gotten the message. Starting Monday, thousands of ad buyers will settle into some of New York City's most ornate auditoriums to watch the major networks present...

Economists are forecasting slow growth in advertising spending for the remainder of 2013 amid encouraging signs from the U.S. labor market. Media companies are doing their best to grab a bigger slice of the pie. This week, Wall Street cheered Viacom...

May 01 (TheWrap.com) - Broadcaster CBS Corp reported higher profit for the first quarter Wednesday, helped by advertising during February's Super Bowl broadcast and a jump in revenue from cable channels. Net earnings for the January through March...

The lights didn't go out on CBS Corp. during the first quarter. The Super Bowl -- which was marred by a third-quarter power outage that dimmed the lights in the New Orleans Superdome -- helped the broadcasting giant rake in more than $4 billion in...