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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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Cumulus Revenue Falls 9.7% in Second Quarter
Cumulus Media
Cumulus Media
Cumulus Media reported second quarter 2026 net revenue of $167.9 million, down 9.7% from $186.0 million a year ago, as declines in its broadcast radio business continued to weigh on results. The company posted a net loss of $9.2 million, compared with a loss of $12.8 million in the year-ago quarter. Adjusted More

Cumulus Cuts Hit More Veteran Radio Personalities
Cumulus Media Cuts
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Cumulus Media's nationwide workforce reductions continue to claim veteran radio personalities, with departures reported in Norfolk, Syracuse and Columbia, MO. In Norfolk, Brandon "Shaggy" Stokes says he is no longer with CHR WNVZ (Z104), ending a 25-year run with the station. More

2026 National Edward R. Murrow Winners Announced
Edward R Murrow Awards
Edward R Murrow Awards
The winners of the 2026 National Edward R. Murrow Awards have been announced, recognizing outstanding achievements in broadcast and digital journalism. The annual honors recognize reporting that informs communities, holds those in power accountable and demonstrates excellence in More
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Saga Q2 Revenue Falls 6.5% to $26.4 Million
Saga Communications
Saga Communications
Saga Communications reported second quarter 2026 net revenue of $26.4 million, down 6.5% from $28.2 million in the same period a year ago. Station operating income fell 50.6% to $3.0 million. Station operating expenses increased 5.4% to $23.4 million, or 3.9% excluding non-cash More

Texas Radio Hall of Fame Names 2026 Inductees
Texas Radio Hall of Fame
Texas Radio Hall of Fame
The Texas Radio Hall of Fame has announced its Class of 2026, with voting members selecting 20 radio professionals for induction, including honorees in the organization's new "Small Markets/Big Voices" category. The Class of 2026 includes Doug Abernethy, Brenda Adriance-Fox, "Lisa Lisa" Bonnani, Bruce More

Nick Rivers Joins Beasley Charlotte as Assistant PD
Nick Rivers
Nick Rivers
Beasley Media Group has named Nick Rivers Assistant Program Director for Country WSOC-FM (Country 103.7) and AC WKQC-FM (K104.7) in Charlotte, effective August 24. Rivers will also host afternoon drive on Country 103.7, filling the opening created by Charlie & Debbie's recent move to mornings. Rivers More

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