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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

Connoisseur Media Sells Four in Minnesota to Hometown
Connoisseur Media
Connoisseur Media
Connoisseur Media has agreed to sell four stations serving Austin and Albert Lea, MN, to Hometown Broadcasting of Austin and Albert Lea, LLC. The deal includes KAUS-AM and KAUS-FM in Austin and KATE-AM and KCPI-FM in Albert Lea. The transaction is subject to FCC approval and is expected to close in early More

Ken Levine Set as Keynote Presenter at Conclave 45
Ken Levine
Ken Levine
Veteran radio personality, television writer, producer, director, and Major League Baseball broadcaster Ken Levine will serve as a keynote presenter at Conclave 45: The Last Conclave in Bloomington, MN. Levine will take the stage Thursday, September 17, at 8:30am, during the final day of the three-day radio More

Ohana Media Group Names Cat Okegawa VP/GM in Alaska
Cat Okegawa
Cat Okegawa
Ohana Media Group has promoted Cat Okegawa to Vice President and General Manager of its Alaska operations, effective September 1. Okegawa will oversee the company's six-station cluster, including KBYR-AM (700), KBBO-FM (92.9), KFAT-FM (92.9), KXLW-FM (96.3), KMBQ-FM (99.7) and KRAK-FM (102.1). In her new More
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Katz: AM/FM Still Dominates In-Car Audio Listening
Katz Radio Group
Katz Radio Group
Despite the growing number of audio choices available in connected vehicles, AM/FM radio continues to capture the majority of listening time in the car, according to a new Katz Radio Group Sound Answers analysis. Citing Edison Research's Q1 2026 Share of Ear study, Katz reports More

Danny Meyers, Meghan Lane Ink New Hubbard Deals
Danny Meyers and Meghan Lane
Danny Meyers and Meghan Lane
Hubbard Radio South Florida has signed personalities Danny Meyers and Meghan Lane to new multi-year agreements, keeping the duo on two of the company's West Palm Beach stations. Meyers and Lane will continue to host afternoon drive on WRMF (97.9 WRMF) and mornings on WEAT (Sunny 107.9). More

PodcastOne Adds Spiner, Frakes Podcast
PodcastOne
PodcastOne
PodcastOne has acquired the exclusive sales and distribution rights to "Dropping Names...and Other Things with Brent & Jonny," the entertainment podcast hosted by actors Brent Spiner and Jonathan Frakes. The "Star Trek: The Next Generation" veterans and longtime friends use the More

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