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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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Norsan Media to Acquire KGSR-FM in Austin for $3.5M
Norsan Media
Norsan Media
Norsan Media has agreed to acquire KGSR-FM (93.3) in Austin, TX, from Waterloo Media for $3.5 million. The station operates with 100,000 watts and serves the Austin market with a Classic Hip Hop format branded as Vibe 93.3. Following the transaction, Waterloo Media will retain ownership of several More

Red Apple Expands Lee Harris Leadership Role
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Red Apple Media has promoted Radio Hall of Famer Lee Harris to Senior Vice President of News & Programming. Harris joined Red Apple Media six weeks ago as Vice President of News for the Worldwide News Network. In his new role, he will also oversee programming strategy and content development for WABC Radio More

Rep. Tom Emmer Pushes for AM Radio Protection Bill
Rep. Tom Emmer (R-MN)
Rep. Tom Emmer (R-MN)
House Majority Whip Tom Emmer (R-MN) is renewing his support for the AM Radio for Every Vehicle Act, emphasizing the medium's critical role in public safety, local information, and community service. Appearing on the National Association of Broadcasters' AirTime podcast, Emmer, a former broadcaster, More
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Jackson Named Brand Manager of Chattanooga's KISS FM
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Dave Jackson
Audacy has named Dave Jackson Brand Manager of WKXJ-FM (105.5 KISS FM) in Chattanooga, where he will oversee the CHR outlet's content strategy, talent, operations and branding. Jackson will continue in his current roles as Brand Manager of WFBC (B93.7_, The Block and Magic Upstate in Greenville, SC. More

Podcast Listening Climbs 386% Since 2016
Edison Research at SSRS
Edison Research at SSRS
Americans are spending more time with podcasts than ever before, with total weekly podcast consumption increasing 386% over the past decade, according to new data from Edison Research's Share of Ear study conducted with SSRS. The research shows U.S. consumers age 13 and older now spend 812 million hours More

Power4+ HBCU Esports League Unveils Name, Logo
Power4 Plus HBCU
Power4 Plus HBCU
PlayVS and Urban One have officially unveiled the name and logo for their new national HBCU esports competition, the Power4+ HBCU Esports League, while announcing that 25 historically Black colleges and universities have already committed to participate in its inaugural season beginning in February 2027. More

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