Why is Moonves Bullish on Ad Market?

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Leslie-MoonvesThe advertising environment remains strong and the upfront should reflect big increases in both Cost Per Thousand and volume.


That’s according to CBS Corporation CEO Les Moonves.

He says he hasn’t seen advertising “this strong in many, many years,” noting that sales in the third and fourth quarters of 2015 and the current quarter are “unbelievably” strong.

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