or


[02/24/10 - 11:52 AM]
CBS Corporation Announces New, Five-Year Employment Agreement with President and Chief Executive Officer Leslie Moonves
"I have the privilege of working with the greatest team of people in this or any other business," said Moonves.

[via press release from CBS]

CBS CORPORATION ANNOUNCES NEW, FIVE-YEAR EMPLOYMENT AGREEMENT WITH PRESIDENT AND CHIEF EXECUTIVE OFFICER LESLIE MOONVES

New Agreement Supersedes Prior Contract and Extends Employment through February 2015

CBS Corporation (NYSE: CBS and CBS.A) announced today a new employment agreement with President and Chief Executive Officer Leslie Moonves. The agreement supersedes the prior contract, which was to conclude in 2011, and extends his employment with the CBS Corporation through February 22, 2015.

"This is, above all, great news for every shareholder of CBS," said Sumner Redstone, Executive Chairman and Founder, CBS Corporation. "Leslie is a superb executive who has led CBS to a position of unparalleled leadership in the industry. This agreement not only secures the future of the Company for many years to come, it also further aligns and strengthens the interests of the chief executive with those of our shareholders. I look forward to working with Leslie as we capitalize on all of the opportunities that lie ahead."

"I have the privilege of working with the greatest team of people in this or any other business," said Moonves. "I am very gratified that my relationship with the Company will continue as we build on the strong foundation we have laid for ongoing growth and success."

Under the terms of the agreement, Moonves' salary remains at its current level. As before, he will continue to be eligible for an annual performance-based bonus and will receive significant equity-based compensation that ties the value of the agreement to the performance of the Company's stock. The Company has also provided incentives for Moonves to continue his relationship with the Company at the end of the employment term.

For more information regarding the agreement, please see the Company's Annual Report on Form 10-K to be filed with the Securities and Exchange Commission, which attaches a copy of the employment agreement.

About CBS Corporation

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW � a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime Networks and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Television Studios, CBS Studios International and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment) and motion pictures (CBS Films). For more information, log on to http://www.cbscorporation.com/.





  [february 2010]  
S
M
T
W
T
F
S
 


· SHOWATCH
(series past and present)
· DEVWATCH
(series in development)
· MOVIEWATCH
(tv movies and mini-series)





[12/18/18 - 01:56 PM]
MTV's New Docuseries "Made in Staten Island" Premieres January 14
The coming-of-age series follows eight Staten Islanders as they battle each other, and the odds, to step out from the shadows and change the reputation of the island.

[12/18/18 - 11:09 AM]
Investigation Discovery Puts the "New" in New Year with "ID's Premiere New Year" Special Marathon
The lineup includes series premieres of "Deadly Secrets," "Killing Time," "American Nightmare," and "Hometown Homicide."

[12/18/18 - 11:04 AM]
Conan O'Brien Debuts New 30-Minute Format Show Starting January 22, Ushering in a New Era of Multi-Platform Comedy with Team Coco
"My three-month absence can only mean one thing - radical cosmetic surgery. Tune in January 22nd for a true freak show," added O'Brien.

[12/18/18 - 11:04 AM]
Cooking Channel Showcases the Best Meals on Wheels in New Series "Food Truck Nation"
Chef and food truck aficionado Brad Miller takes viewers on a journey to find the latest and greatest food trucks in the new series.

[12/18/18 - 11:02 AM]
Renowned Actor and Producer George Takei Joins AMC's Anthology Series "The Terror" as Consultant and Series Regular
Additional casting includes Kiki Sukezane, Miki Ishikawa, Shingo Usami and Naoko Mori.

[12/18/18 - 10:09 AM]
VH1's New Series "Grown & Sexy" Premieres Friday, January 4th
The talking-head style series will feature irreverent commentary and sketches from today's top celebrities and comedians.

[12/18/18 - 10:04 AM]
Hulu's 2019 Winter Programming Slate
Newly announced: Patricia Arquette, Joey King, Chloe Sevigny, AnnaSophia Robb and Calum Worthy star in "The Act," premiering Wednesday, March 20.

[12/18/18 - 10:00 AM]
NBC Announces Midseason Premiere Dates for Four Returning and Two New Series
Look for new dramas "The Enemy Within" (Monday, February 25) and "The Village" (Tuesday, March 12) in the coming months.

[12/18/18 - 09:54 AM]
New Season of "Kindred Spirits" Featuring Powerhouse Paranormal Investigators, Amy Bruni and Adam Berry, Premieres on Travel Channel with All-New Haunted Stories
In season three, Bruni and Berry enter America's darkest locations demanding answers to the most chilling, haunted mysteries.

[12/18/18 - 09:01 AM]
A&E Chronicles the Journey of a 28-Year-Old Mother of Two Living with Dissociative Identity Disorder in "Many Sides of Jane"
"Many Sides of Jane" premieres on Tuesday, January 22 at 10:00/9:00c.

[12/18/18 - 09:00 AM]
"Van Helsing" Renewed for Fourth Season by Syfy
Jonathan Walker will serve as showrunner for the new season.

[12/18/18 - 08:57 AM]
Award-Winning Science Channel Series Returns to Shed More Light on the Cosmos - "How the Universe Works" Premiering January 8 at 10PM ET/PT
Science Channel's longest-running and most popular space series is rocketing back after the new year to shed new light on a host of new celestial mysteries.

[12/18/18 - 08:13 AM]
Monday's Broadcast Ratings: NBC, "The Voice" Cruise to Victory
The Peacock easily takes home top honors in total viewers and adults 18-49.

[12/18/18 - 07:41 AM]
Saints-Panthers on ESPN Delivers Second-Best "Monday Night Football" Overnight Rating of the Season and Is Up 40 Percent Year-Over-Year
ESPN spins the numbers for Monday, December 17.

[12/18/18 - 07:00 AM]
"Chilling Adventures of Sabrina" Conjures Up New Episodes
Netflix has ordered 16 more episodes of "Chilling Adventures of Sabrina," which will air in two parts (parts 3 & 4).