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CBS CEO Leslie Moonves Earned $32 Million in 2008


According to a proxy report filed on Friday, CBS Corp. CEO Leslie Moonves' overall compensation, including stock and option awards, for 2008 was valued at about $32 million. That's down from the reported $36.8 million in 2007. His salary and bonus totaled $13 million, also down from $23.8 million a year earlier.

Moonves' base pay tumbled to $3.5 million from $5.3 million in 2007. His bonus shrank to $9.5 million in 2008 after the company's stock took a nose dive and lost 70% of its value last year. Moonves has said that he will not take a pay raise this year.

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Latest Radio Stories

Federal Judge Freezes Nielsen Network Policy
Nielsen
Nielsen
A federal judge has granted Cumulus Media a sweeping preliminary injunction against Nielsen, sharply limiting how the ratings provider can price and sell its national radio ratings product while an antitrust case moves forward. In a December 30 order, Judge Jeannette A. Vargas of More

Broadcasters Seek to Reopen FM Translator Relocation Rules
Federal Communications Commission
Federal Communications Commission
A coalition of more than 20 broadcast companies has filed a Petition for Rule Making asking the Federal Communications Commission to reinstate and expand expired rules that allowed AM radio stations greater flexibility in acquiring and relocating FM translators. The filing seeks to amend Section More

Westwood One Launches ''Nightly With Jade & Tyler''
''Nightly With Jade & Tyler''
''Nightly With Jade & Tyler''
Westwood One is adding a new nighttime offering to its national CHR lineup with the debut of "Nightly With Jade & Tyler," launching Monday, January 5. The five-hour program will air Monday through Friday from 7-midnight, featuring today's current hit music alongside entertainment and More
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KGAY Moves to 103.1 as Sunny 106.5 Launches in Palm Springs
KAY Radio Palm Springs CA
KAY Radio Palm Springs CA
KGAY Radio is entering its eighth year with a stronger signal and a new spot on the dial. As of New Year's Day, KGAY Radio has officially moved to 103.1 FM via co-owned KMEE-FM, expanding coverage across Palm Springs, the Coachella Valley, and surrounding communities while upgrading to an HD digital signal. More

More FM Launches Throwback Top 40 for East Texas
More FM
More FM
A new online radio station focused on hit music from the past three decades is launching at the start of the new year, aiming to fill a programming gap for East Texas listeners. More FM officially debuts January 1 at 12am CT, serving Tyler, Longview, and surrounding communities with a Throwback Top 40 More

Alyssa DiTomasso Joins WNGC Athens Morning Show
Alyssa DiTomasso
Alyssa DiTomasso
Cox Media Group has added Alyssa DiTomasso to the morning lineup at WNGC-FM (106.1), with her debut set for Monday, January 5. DiTomasso joins the Athens, GA Country outlet from Audacy's WSTR (Star 94_ in Atlanta, where she served as both a producer and on-air host. She will co-host mornings alongside Adam More

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