Word: cbs
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...CBS completed its purge of its rookie studio analysts yesterday, hiring veterans Craig James and Jerry Glanville to boost its struggling "NFL Today" studio show...
Being on the cover of TIME or having yourself rendered in paraffin at Madame Tussaud's Wax Museum of London could be considered a benchmark for fame and infamy. Appearing in both spots could be a benchmark for making the TIME 100. Since last April, TIME, in conjunction with CBS News, has been saluting this century's most influential men and women with the TIME 100, a series of special issues profiling 20 leaders in five categories...
...step in. After Gibson moved on too, the show was left with a new team, Lisa McRee and Kevin Newman, who had little following or chemistry. The show's viewership has fallen further and further behind Today's; in the most recent weekly ratings, GMA even dropped behind CBS's perennially third-ranked This Morning...
...billion in annual revenue. That may not be "material" legally, but it's information an investor ought to be able to get. By the way, the prospectus neglects to warn of a possible hit on Infinity's outdoor-advertising business stemming from a tobacco settlement limiting billboard cigarette ads. CBS takes the rosy view that new clients will sign up at higher rates than tobacco companies, which had long-term leases. So it's a good thing. But until that actually happens, the lost tobacco revenue is a risk investors should be told about...
First, what is Stern's value as a corporate asset? Not much, according to CBS, which bought Infinity in 1996 and sold 17% of it in a public offering earlier this month. Nowhere is Stern mentioned in a 183-page prospectus that is supposed to be the best source for valuing a newly traded stock. The bottom line is that Stern's continued success "is not a material issue" to the health of Infinity, says CBS spokesman Gil Schwartz. O.K. We all know that Stern's image is larger than his impact. Yet he's easily the company's most...