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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

NRB Urges FCC to Keep TV Ownership Caps, Ease AM Limits
National Religious Broadcasters (NRB)
National Religious Broadcasters (NRB)
The National Religious Broadcasters (NRB) is urging the Federal Communications Commission to reject further consolidation of television station ownership while adopting a more flexible approach to AM radio ownership, according to comments filed in the FCC's 2022 Quadrennial Regulatory Review. In its More

Kazeem Famuyide Joins The Kid Mero on HOT 97 Mornings
Kazeem Famuyide
Kazeem Famuyide
MediaCo is adding another prominent New York voice to its morning strategy at WQHT-FM (HOT 97) in New York. Kazeem Famuyide announced via social media that he will begin co-hosting alongside The Kid Mero on HOT 97 Mornings with Mero, starting tomorrow. "I've listened to HOT 97 my entire life. I was born More

NAB Urges FCC to Scrap Outdated Local Ownership Caps
National Association of Broadcasters (NAB)
National Association of Broadcasters (NAB)
The National Association of Broadcasters (NAB) has filed reply comments with the Federal Communications Commission urging the agency to modernize local radio and television ownership rules it says no longer reflect today's media marketplace. In its filing in the FCC's 2022 Quadrennial Regulatory Review, More
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Urban One Sets 10-for-1 Reverse Stock Split
Urban One
Urban One
Urban One said its board has approved a 10-for-1 reverse stock split covering all classes of its common stock, including the publicly traded Class A and Class D shares. Stockholders had previously authorized the move on June 18, 2025, granting the board discretion on the final ratio. More

Alex Siciliano to Exit NAB Communications Role
Alex Siciliano
Alex Siciliano
National Association of Broadcasters Senior Vice President of Communications Alex Siciliano will depart the organization at the end of next week after deciding to pursue another professional opportunity. In a note shared with industry contacts, Siciliano said it had been an honor to work on behalf of More

97.9 WRMF's KVJ Show Unveils ''Captain Crust''
Captain Crust and Princess Pepperoni
Captain Crust and Princess Pepperoni
Jason Pennington and Virginia Sinicki of 97.9 WRMF West Palm Beach's KVJ Show have turned their on-air camaraderie into a community give-back, creating a superhero duo -- Captain Crust and Princess Pepperoni -- and launching a grassroots initiative called "The Power of Pizza." The campaign aims to More

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