CBS Station Revenue Up 17% in Q4
CBS Television Stations reported a 17% increase in revenues during the fourth quarter of 2012.
Local broadcasting revenues, which include both television and radio stations, were $787 million compared to $721 million for the same quarter last year, an increase of 9%. The company as a whole reported $3.7 billion in revenues for the quarter, a slight increase of 2% from the year-ago quarter.
“CBS has turned in another quarter of exceptional performance, capping off another terrific year,” CBS corporation executive chairman Sumner Redstone said in a statement. “Our results today speak to the strength of our strategy — producing and distributing great content and monetizing it over and over again.”



CBS has signed the “Queen Latifah Show” to air on all of its 16 CBS owned and operated stations beginning in 2013, 

Nadine Cheung
Editor, The Job Post
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