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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

NAB Urges FCC to Scrap Outdated Local Ownership Caps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

Urban One Sets 10-for-1 Reverse Stock Split
Urban One
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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
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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
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97.9 WRMF's KVJ Show Unveils ''Captain Crust''
Captain Crust and Princess Pepperoni
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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

Podcast Explores Roald Dahl's Hidden Life as Spy & Writer
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iHeartPodcasts and Imagine Entertainment have announced the launch of "The Secret World of Roald Dahl," a new documentary podcast series examining the little-known personal history of one of the world's most famous children's authors. The series, from iHeartPodcasts and Imagine Entertainment, premieres More

Local Radio Drives $437B, Supports 909K U.S. Jobs
Wood & Poole Economics and BIA
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A new economic study finds that free, local radio remains a powerful engine of the U.S. economy, generating $437 billion in annual GDP and supporting more than 909,000 jobs nationwide, underscoring radio's role as essential infrastructure in communities across the country. The analysis, conducted by More

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