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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

Andy Cohen's ''Radio Andy'' Extends SiriusXM Deal
Andy Cohen
Andy Cohen
SiriusXM has signed producer, TV and radio host Andy Cohen to a three-year contract extension that keeps his exclusive Radio Andy channel on the platform. Cohen will continue to co-host the daily live "Andy Cohen Live" with John Hill weekdays at 10am ET. The renewal coincides with the channel's 10-year More

MacLachlan Launches Weekly Podcast for Duran Network
What Are We Even Doing?
What Are We Even Doing?
Actor Kyle MacLachlan is entering the podcast space with "What Are We Even Doing?", a weekly series produced with iHeartRadio's Elvis Duran Podcast Network. The show debuts Thursday, September 18 with model/actor and Library Science co-founder Kaia Gerber as the first guest. Each episode finds the "Twin More

iHeartMedia Names Dee Doers Area President for MidNorth
Dee (Devon) Doers
Dee (Devon) Doers
iHeartMedia appoints Dee (Devon) Doers as Area President for the company's MidNorth Area, which includes Minnesota, North Dakota and Wisconsin, effective immediately. In the role, Doers will oversee operations across six markets: Rochester, MN; Bismarck, Minot, Dickinson and Grand Forks, ND; and Eau Claire, More
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Connoisseur/Portland OR Ups Salisbury to Content Dir.
Dylan Salisbury
Dylan Salisbury
KUPL (98.7 The Bull)/Portland, OR is shifting its programming leadership as Connoisseur Media promotes Dylan Salisbury to Content Director for the Country outlet, adding to his existing role as Content Director of Live 95.5. Salisbury will oversee both stations and report to Ross MacLeod, Connoisseur More

Study: Westwood One NFL Delivers 64M Season Reach
Cumulus Media | Westwood One Audio Active Group
Cumulus Media | Westwood One Audio Active Group
A new Cumulus Media | Westwood One Audio Active Group analysis finds the NFL on Westwood One delivers powerful cumulative reach for marketers across the season, highlighted by a first-of-its-kind Nielsen "panel unification" of 80,000 Portable People Meter (PPM) panelists. Commissioned by Cumulus Media | More

Q101 Inducted into Illinois Rock & Roll Hall of Fame
WKQX-FM (Q101) Chicago
WKQX-FM (Q101) Chicago
WKQX-FM (Q101) Chicago's Alternative station, has been inducted into the Illinois Rock & Roll Hall of Fame by the Illinois Rock & Roll Museum on Route 66. The ceremony took place Sunday, September 14, at the historic Rialto Square Theatre in Joliet. Q101 entered the Hall in the Radio More

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