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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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CBS News Radio to Shut Down After Nearly 100 Years
CBS News Radio
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CBS News will shut down its long-running radio news service, CBS News Radio, on May 22, ending a nearly century-old operation as part of broader cuts within the division. The decision was announced Friday in a memo from CBS News editor-in-chief Bari Weiss and president Tom Cibrowski, who said the move More

Maryland Media One Launches Seaboard Networks
Seaboard Networks
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Maryland Media One has launched Seaboard Networks, a new radio programming and syndication company offering 24/7 turnkey formats and syndicated content to stations across the country. The company will focus on developing and distributing both music-driven and More

Veteran Radio Voice Jock Blaney Dies
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Frank "Jock" Blaney, a longtime radio broadcaster, producer and voice artist whose career spanned decades in Wyoming and beyond, has passed away, according to reports circulating among radio industry colleagues. Blaney began his career shortly after high school in Sheridan, WY, working at KROE before More
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Murphy, Sam & Jodi Win 9th LAB Morning Show Honor
Murphy, Sam & Jodi
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Premiere Networks-syndicated "Murphy, Sam & Jodi" has earned a 2026 Prestige Award from the Louisiana Association of Broadcasters (LAB) in the "Best Morning Show Large Market" category, marking the program's ninth consecutive win in that category. In addition to the top morning show honor, the program More

Yung Joc Morning Show Debuts on Hot 98.7 St. Louis
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Superadio Networks and Core Radio Group have announced that syndicated Yung Joc & The Streetz Morning Takeover will debut in St. Louis on Audacy's KEZK-HD2 (Hot 98.7) beginning Monday, March 23. Hosted by hip-hop artist and media personality Yung Joc, the show features a mix of music, celebrity More

Radio Trust Stands Out in AI-Driven Media Era
Katz Radio Group
Katz Radio Group
As artificial intelligence continues to reshape the media landscape, a new challenge is emerging for both consumers and advertisers: trust. According to a new post from Katz Radio Group, the rapid rise of AI-generated content -- from articles and images to voices and ad campaigns -- More

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