CBS Will Now Show Radio Revenue


In a document filed with the SEC, CBS Corporation said it’s changing the way it manages its television and radio operations. This is all in anticipation of the company spinning off its radio division. The way the company had been reporting, Local Broadcasting, will now be reported as Local Media and Radio. The end result will mean investors will finally get a serious look at radio revenue, something they’ve never really been able to see before because radio has always been clumped in with local TV. You can actually get a look at some of the revenue numbers HERE.


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