The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( Trefis) -- CBS (CBS - Get Report) reported its fourth-quarter 2011 earnings last week. While the revenue showed a decline compared to Q4 of 2010, the profits increased as the company continued to benefit from its cost control measures and additive effect of improved content monetization. The revenue declined due to lack of political ad spending and syndication revenues from CSI that were present in Q4 2010.
CBS Well Positioned for 2012
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