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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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Amber Lee Exits Cumulus Topeka After Nearly 12 Years
Amber Lee
Amber Lee
Amber Lee, Operations Manager for Cumulus Media Topeka, has exited the company after nearly twelve years as her position was eliminated. Lee joined Cumulus Topeka in January 2014, overseeing the six-station cluster that includes Majic 107.7 KMAJ-FM, V100, 99.3 The Eagle, 102.9 Cat Country, AM 1440 KMAJ and More

APMG to Pay $86K Over Unauthorized EAS Tone Broadcasts
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
American Public Media Group (APMG) will pay an $86,400 penalty and implement new compliance safeguards after the Federal Communications Commission resolved an investigation into the improper broadcast of Emergency Alert System (EAS) tones across hundreds of public radio outlets. The FCC Enforcement More

iHeartMedia Shares Spike as Meme-Stock Fever Hits IHRT
iHeartMedia
iHeartMedia
iHeartMedia became the latest radio broadcaster to be swept into a wave of social-media-fueled trading on Thursday, with shares jumping as much as 11.5% in afternoon trading amid heavy attention from online investor groups. According to TradingView, iHeartMedia (IHRT) saw a sharp burst of volume as More
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Kaplar to Step Down, O'Rielly Named Media Institute CEO
The Media Institute
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The Media Institute announced that longtime President and CEO Richard T. Kaplar will step down on January 31, 2026, concluding a 44-year tenure with the nonprofit organization that advocates for First Amendment principles and communications policy. The Institute's More

Stingray, BYD Launch New In-Car Audio Platform
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Stingray, which recently announced its acquisition of TuneIn, has unveiled a new co-branded in-car entertainment platform for automakers, debuting as BYD Audio by Stingray through a partnership with electric vehicle manufacturer BYD. The new infotainment service integrates Stingray's More

Fred Child Named CEO of All Classical Radio
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Fred Child
All Classical Radio in Portland, OR has named broadcaster and arts advocate Fred Child as its next President and CEO, effective January 2. Child will relocate from New York City to take the role, succeeding Suzanne Nance, who stepped down earlier this year after a decade leading the organization. Since July, More

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