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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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Townsquare Q3 Revenue Rises 3.9%, Suspends Dividend
Townsquare Media
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Townsquare Media reported third-quarter net revenue of $110.9 million, up 3.9% from $106.8 million a year earlier, as digital advertising growth and political spending offset weakness in its subscription digital marketing business. The company also announced it is suspending its quarterly More

Xperi Q3 Revenue Rises 2.2%, AutoStage Expands Reach
Xperi
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Xperi reported third-quarter revenue of $114 million, up 2.2% from $111.6 million a year earlier, as growth in advertising and related revenue helped double its Media Platform revenue. The company also expanded its DTS AutoStage broadcaster services and reported additional automotive More

Audio, Video Podcasts Serve Different Listener Needs
Edison Research at SSRS
Edison Research at SSRS
Audio and video podcasts play complementary roles in consumers' routines, with 70% of monthly podcast consumers reporting that they both listened to audio-only podcasts and watched video podcasts in the past month, according to new research from Edison Research at SSRS, SiriusXM Media and Publicis Media. More

Chicago's 93.9 LITE FM Sets Christmas Flip for Nov. 5
WLIT (93.9 LITE FM) in Chicago
WLIT (93.9 LITE FM) in Chicago
iHeartMedia's WLIT (93.9 LITE FM) in Chicago will begin around-the-clock holiday music November 5 at 3pm, marking its 26th year as Chicago's Christmas station. Station personalities Melissa Forman, Producer Jim, Robin Rock and Mick Lee, along with Edison the Reindeer, will host a More

CT40 Sets Holiday Specials With Fitz, Lauren Alaina
Country Top 40 with Fitz
Country Top 40 with Fitz
"Country Top 40 with Fitz" and syndication partner Skyview Networks have announced two holiday specials, including a Christmas program co-hosted by country artist Lauren Alaina and a countdown of the biggest country songs of 2026. "Deck the Hits with Lauren and Fitz" will be available for the weekend of More

MaxxKonnect Acquires FCCInfo.com, Keeps Searches Free
MaxxKonnect
MaxxKonnect
The MaxxKonnect Group has acquired FCCInfo.com from Cavell, Mertz & Associates, assuming ownership and operation of the FCC database and mapping service used by broadcast engineers, consultants and station operators. Financial terms were not disclosed. MaxxKonnect plans to More

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