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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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Dr. Laura Program President Geoff Rich Dies
Geoff Rich
Geoff Rich
Geoff Rich, President of Take On The Day, LLC and a longtime leader behind The Dr. Laura Program, died suddenly Wednesday night in Los Angeles. Rich was a serial entrepreneur who co-created Radio Today and played a key role in guiding The Dr. Laura Program through Take On The Day, LLC, where he served as More

SBS Enters Forbearance Deal With Majority Bondholders
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS)
Spanish Broadcasting System (SBS) has entered into a temporary forbearance agreement with holders of a majority of its outstanding 9.750% Senior Secured Notes due 2026 after the notes reached maturity on March 1. The Miami-based company said it has been engaged in discussions More

Rumba 97.7 to Air Revolution Home Games in Spanish
WZRM (Rumba 97.7) Boston
WZRM (Rumba 97.7) Boston
The New England Revolution and iHeartMedia Boston have announced a new media partnership naming WZRM (Rumba 97.7 FM) as the Spanish-language broadcast home for all 17 Revolution home games during the 2026 Major League Soccer season. The broadcasts will be available on Rumba 97.7 FM More
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Erik Bradley Named Brand Manager of 98.7 The Spot
Erik Bradley
Erik Bradley
Audacy has appoinnted Erik Bradley Brand Manager of KSPF-FM (98.7 The Spot) in Dallas. In the role, Bradley will oversee the station's content strategy, talent, operations and branding for the classic hits outlet. Bradley will continue to hold several other positions within Audacy, including Brand Manager of More

Lotus Names Adams GM, Connell Ops Director in Seattle
Andrew Adams and Jeff Connell
Andrew Adams and Jeff Connell
Lotus has appointed Andrew Adams as General Manager of its Seattle cluster and Jeff Connell as Director of Operations & Brand Management. Adams will oversee the company's three Seattle stations, including KVI-AM, KNWN AM-FM, and KPLZ-FM. According to Chief Operating Officer Jim Kalmenson, More

Urban One Reports Q4 Revenue Decline, Wider Loss
Urban One
Urban One
Urban One reported lower revenue and a wider loss in the fourth quarter of 2025, reflecting weaker advertising demand and the absence of political advertising seen in the prior year. For the three months ended December 31, 2025, the Silver Spring, MD-based media company posted net More

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