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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

FCC Updates Radio Rules, Streamlines Processes
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
The Federal Communications Commission has adopted a sweeping update to its broadcast rules, making a series of changes that primarily streamline radio regulation, modernize filing procedures, and eliminate outdated requirements. The Report and Order, released March 25, updates Parts 1, 73, 74 and 76 of More

Zoe Burdine-Fly Retires from Connoisseur Media
Zoe Burdine-Fly
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Connoisseur Media has announced the retirement of Senior Vice President Zoe Burdine-Fly, concluding a radio career that spans more than four decades. Burdine-Fly was a member of the company's leadership team and worked closely with staff across multiple markets during her tenure. Her experience includes more More

Q99.7 Atlanta Debuts New Morning Show Lineup
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Joe Breezy, Daena ''DK'' Kramer, and Cort Freeman
CHR WWWQ-FM (Q99.7) Atlanta will launch a new morning program, "The Q Morning Crew," beginning Monday, March 30. The show will air weekdays from 6-10am, replacing the longtime "The Bert Show," which had been a fixture on the station for 25 years. The new program More
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Marlins, Audacy Partner for WQAM Broadcasts
Miami Marlins
Miami Marlins
The Miami Marlins have entered into a new multi-year radio broadcast and streaming agreement with Audacy, making Sports WQAM the flagship home for Marlins baseball across South Florida. Under the partnership, WQAM will air all regular season games, including live play-by-play coverage, along with pregame and More

Beasley, Blaylock Named to FL Broadcast Hall
Florida Association of Broadcasters (FAB)
Florida Association of Broadcasters (FAB)
The Florida Association of Broadcasters (FAB) will honor two longtime industry leaders, Caroline Beasley and Jeannie Blaylock, as the 2026 inductees into the Florida Broadcasters Hall of Fame. The pair will be recognized during the 2026 Florida Broadcasters Hall of Fame Gala and More

Sports Streaming Paywalls Spark Fan Backlash
National Association of Broadcasters
National Association of Broadcasters
A growing shift of live sports to streaming platforms is drawing backlash from fans and raising concerns in Washington, as policymakers weigh the impact on access to games traditionally available on free broadcast outlets. In a blog post by Grace Whaley, Director of Communications and Social Media for More

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