Key terms
About PARAM.GLOBAL 15/45
Sector
Consumer Services
Industry
Broadcasting
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CBS Corporation is a mass media company that creates and distributes content across a variety of platforms to audiences around the world. The company operates businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. The company owns the most-watched television network in the U.S. and one of the world’s largest libraries of entertainment content, making its brand, ‘the Eye’, one of the most recognized in business. The company’s operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS Corporation's entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming content, including series, specials, news, and public affairs; produces and distributes theatrical motion pictures; and operates online content networks for information and entertainment. Its cable networks segment owns and operates multiplexed channels; offers subscription program services comprising theatrical feature films, original series, documentaries, sports-related programming, and special events as well as the CBS Sports Network, a 24-hour cable program service that provides college sports and related content. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats. The local broadcasting segment owns 30 broadcast television stations; 126 radio stations in 27 U.S. markets and related online properties; and local websites in various U.S. markets, which combine the company's television and radio local media brands online to provide the latest news, traffic, weather, and sports information as well as local discounts, directories, and reviews. CBS Corporation owns the most-watched television network in the U.S. and one of the world’s largest libraries of entertainment content, making its brand, ‘the Eye’, one of the most recognized in business. The company’s operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS’s businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. CBS Corporation was founded in 1986 and is headquarters in New York, United States.
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