CBS Corporation reported total revenues of $3B and operating income of $753M, up 1%, for the third-quarter of the year.
CBS Corporation President/CEO Les Moonves said: “I’m particularly pleased with the gains we’re seeing in network advertising, including underlying ad growth in the third quarter and even better pricing here in the fourth. Plus, having sold less inventory in the upfront, we stand to benefit throughout this television season as we sell our #1 network in a very robust scatter marketplace.”
