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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

Radio Hall of Fame Opens 2026 Nomination Process
Radio Hall of Fame
Radio Hall of Fame
The Museum of Broadcast Communications has announced that the Radio Hall of Fame Nominating Committee will begin accepting suggestions for the 2026 induction class starting Sunday, February 1. The nomination window will remain open through Tuesday, March 31 at 11:59pm PT. More

FCC Codifies Foreign Ownership Review Rules
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
The Federal Communications Commission (FCC) has formally codified its foreign ownership review requirements, aiming to preserve national security safeguards while providing clearer, more consistent guidance for foreign investment in FCC-licensed entities. Adopted by Report and Order on January 29, the More

105.1 The Fan Named New Radio Home of Portland Timbers
KRSK-FM (105.1 The Fan) Portland OR
KRSK-FM (105.1 The Fan) Portland OR
KRSK-FM (105.1 The Fan) has been named the new flagship radio home of the Portland Timbers under a new partnership with Audacy in Portland, OR. As part of the agreement, Timbers matches will air across the FAN Sports Network on 105.1 FM and 1080 AM, with many games simulcast on both More
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K-LOVE Closes on Purchase of Two Milwaukee FM Stations
K-Love
K-Love
K-LOVE, Inc. has completed the acquisition of 16kW AC WLDB-FM (93.3) and 8.8 kW Alternative WLUM-FM (102.1) from Milwaukee Radio Alliance, LLC for $4 million. The seller, Milwaukee Radio Alliance, LLC (MRA), is a Wisconsin-based limited liability company led by acting CEO Diane Sutter. MRA continues to More

FOX Sports Radio Sets 26th Annual Super Week Coverage
FOX Sports Radio
FOX Sports Radio
FOX Sports Radio will deliver wall-to-wall Super Week coverage beginning Monday, February 2, as the network marks its 26th year of programming tied to the NFL's biggest event. FOX Sports Radio will offer 24/7 coverage before, during, and after the Big Game in Santa Clara, CA, featuring interviews with More

''The Real Story'' Expands to Weekdays on AM 560 The Answer
Jeanne Ives and Amy Jacobson
Jeanne Ives and Amy Jacobson
Salem Media has announced that "The Real Story," hosted by Jeanne Ives, will expand to a weekday time slot on WIND-AM (AM 560 The Answer) in Chicago. The program will air Monday through Friday from 11am-12pm CT beginning February 2, with longtime Chicago broadcaster Amy Jacobson joining as co-host. Since More

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