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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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Max Media Promotes McKay, Hoyt in Coastal Virginia
Barry McKay
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Max Media has announced a pair of programming promotions affecting two of its Coastal Virginia stations, Country WGH (97.3 The Eagle) and AC WTWV (92.9 The Wave) in Norfolk-Virginia Beach. Barry McKay (pictured) has been elevated from his midday role on 97.3 The Eagle to Program Director/Brand Manager More

Programmatic Audio Buying Doubles Since 2022
Cumulus Media and Westwood One
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A new study highlighted by Westwood One shows programmatic audio advertising has surged to record levels, with adoption among agencies and advertisers more than doubling over the past four years. According to research from Advertiser Perceptions, 82% of agencies and advertisers now buy audio More

Red Apple Launches Global Audio News Network
Worldwide News Network
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Red Apple Media has announced the launch of The Worldwide News Network, a new global audio news platform aimed at delivering real-time reporting to listeners in the U.S. and internationally. The company has named Lee Harris as Vice President of News for WABC Radio and the new network. Harris, a 2024 More
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NYPR Names Sharma, Christner, Cohen to Leadership
New York Public Radio
New York Public Radio
New York Public Radio has appointed three executives to its leadership team, naming Ru Sharma as Chief People Officer, Emily Christner as Chief Growth and Engagement Officer, and Patti Cohen as Senior Vice President of Analytics, Insights and Research. The appointments are More

Orbyt Media Launches Imaging Blueprint in Canada
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Orbyt Media has launched Imaging Blueprint AC/Classic Hits in Canada, expanding its portfolio of radio imaging and production services. The AC-focused format is now available nationwide on a cash or barter basis and has made its Canadian debut on iHeartRadio Canada's MOVE Radio More

Pebbles Exits WBQT (HOT 96.9) Mornings to Grow Brand
Peebles
Peebles
Pebbles is stepping away from her role on the WBQT (HOT 96.9) morning show in Boston, ending a long run as a key voice on Beasley Media Group's outlet to focus on expanding her Positively Pebbles brand. The move shifts her away from daily on-air duties, though she will continue to engage audiences More

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