CBS Q1: Radio, cable up; TV down on Super Bowl

By on May, 8 2014 with Comments 0

CBSCBS Corp. saw an overall down Q1, with revenues at $3.86 billion, vs. $4.04 billion in Q1 2013, which included more than $280 million from CBS’s broadcast of Super Bowl XLVII. However, the company scored record profits of $468 million in the quarter, vs. $443 million in Q1 2013. Net earnings for the quarter were $.78 per diluted share, compared with $.73 per diluted share, for Q1 2013.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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