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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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BIA Raises 2026 Local Ad Forecast to $186.1 Billion
BIA Advisory Services
BIA Advisory Services
BIA Advisory Services has raised its 2026 U.S. Local Advertising Forecast to $186.1 billion, an increase of $1.6 billion from its April projection of $184.5 billion, with higher political advertising and continued mobile growth driving the revision. BIA's April forecast had projected $184.5 billion in total More

Scott Masteller to Retire from 97.5 The Fanatic
Scott Masteller
Scott Masteller
Beasley Media Group has announced that Scott Masteller, Program Director of WPEN-FM (97.5 The Fanatic) in Philadelphia, will retire December 31, concluding a radio career spanning more than 45 years. Masteller joined The Fanatic more than three years ago and has played a key role in the sports station's More

Beasley Deploys Futuri AI Platform Companywide
Beasley Media and Futuri
Beasley Media and Futuri
Beasley Media Group has deployed Futuri's TopLine Enterprise AI revenue intelligence platform across all of its markets under a multiyear agreement aimed at enhancing the company's sales process and providing local advertisers with more data-driven marketing strategies. The companywide rollout gives More
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Mollie Watson Joins Warm 98 for Afternoon Drive
Mollie Watson
Mollie Watson
Cumulus Media has named Cincinnati radio veteran Mollie Watson as afternoon host and Account Executive at AC WRRM-FM (Warm 98) in Cincinnati. Watson moves to Warm 98 after 16 years with WKRQ-FM (Q102), where she most recently hosted middays. She can now be heard on WRRM weekdays from 3-7pm. A Cincinnati More

Miranda Khan Joins KCMO for Afternoon Talk Show
Miranda Khan
Miranda Khan
KCMO (Talk Radio 95.7 FM) in Kansas City has named veteran broadcaster and Kansas City native Miranda Khan as host of a new weekday afternoon program, "Miranda's Right." The show launches Monday, September 14, and will air weekdays from 4-7pm, expanding KCMO's lineup of live and local programming. The More

Senate Sets Sept. 17 Hearing for FCC Nominee
Danielle Thumann Severs
Danielle Thumann Severs
The Senate Commerce Committee will hold a nomination hearing September 17 for Danielle Thumann Severs, President Donald Trump's nominee to fill a vacant seat on the Federal Communications Commission. The hearing is scheduled for 10:30am ET in the Russell Senate Office Building. Trump formally submitted More

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