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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

Urban One Posts Lower Q2 Revenue, Narrows Loss
Urban One
Urban One
Urban One reported lower second-quarter revenue as advertising softness continued across several business segments, though the company significantly reduced its net loss and said revenue trends improved sequentially from the first quarter. For the quarter ended June 30, Urban One More

Country Radio Hall of Fame Honors Seven Leaders
Country Radio Hall of Fame
Country Radio Hall of Fame
Seven influential country radio broadcasters and programmers were inducted into the Country Radio Hall of Fame on Monday during the 2026 Country Radio Broadcasters (CRB) induction ceremony at the Virgin Hotel Nashville. The event recognized air personalities Chris Carr, Michael More

Ellen K Signs Multi-Year Extension with KOST 103.5
Ellen K (photo credit: iHeartMedia)
Ellen K (photo credit: iHeartMedia)
iHeartMedia Los Angeles has signed veteran air personality Ellen K to a new multi-year contract extension, ensuring she will continue hosting the "Ellen K Morning Show" on KOST 103.5, the AC outlet's morning program. The agreement continues Ellen K's long-running success in Los Angeles while extending More
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Jon Marks Moves to Mornings at 97.5 The Fanatic
Jon Marks
Jon Marks
Beasley Sports/Talk WPEN-FM (97.5 The Fanatic) in Philadelphia will debut a new weekday lineup on Monday, August 17, highlighted by the promotion of Jon Marks to the station's morning drive show. Marks, who currently hosts the station's midday program, will team with Andrew Salciunas from 6-10am following More

98 Jamz Bowling Green Adds ''Back In The Day Replay''
''Back In The Day Replay''
''Back In The Day Replay''
Radio Resources has expanded the reach of its nationally syndicated weekend program, The Back In The Day Replay with Paco Lopez, with the addition of Seven Mountains Media's 98 Jamz in Bowling Green. Hosted by veteran radio personality Paco Lopez, the three-hour weekly show features classic Hip Hop and More

Beasley Sells Charlotte, Las Vegas FMs to EMF
Beasley Media Group
Beasley Media Group
Beasley Media Group has entered into a definitive asset purchase agreement to sell CHR WNKS-FM (KISS 95.1) in Charlotte, NC, and the Alternative KXTE-FM signal in Las Vegas to Educational Media Foundation (EMF), with both transactions expected to close in mid-October pending FCC approval. As part of the More

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