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The FCC received thousands of complaints following a May 1 'The Late Show With Stephen Colbert' episode where the comedian suggested Trump and Putin are having a sexual relationship.
5G will allow the telecom giant to provide a streaming service to rival AT&T's DirecTV Now, but Verizon does not have a launch date for it yet.
Under the terms of the agreement, Moonves' salary remains at its current level.
CBS said this afternoon that it had agreed to a contract extension with Les Moonves
The dividend is payable on July 1 to shareholders of record on June 9.
The CBS CEO struck back at President Trump on Wednesday, charging that his news division is producing anything but 'fake news.'
CBS at its upfront event wooed ad buyers with a 'Star Trek Discovery' clip, Stephen Colbert sang a show tune, and Leslie Moonves emphasized his network is still No. 1.
The new shows include a prequel to its hit show 'The Big Bang Theory'.
The Murdoch family is currently looking for a new programming executive to run Fox News..
AOL chief Tim Armstrong compared Verizon's potential in digital brand advertising to Facebook's place in social media and Google's standing in search.
The sports giant is turning to digital platforms to offset declines in pay-TV subscribers, but can the move to mobile reignite growth at Disney's largest single business?
ITV plc, Britain's biggest listed free-to-air broadcaster, cautioned on slowing advertising revenues in the first half of the year, heaping further pressure on European media stocks.
New Deal Expands CBS' Network-Affiliate Partnership for Live Television Distribution across New Digital Platforms
Analysts, bankers and journalists are more keyed up about acquisition activity than Verizon is, McAdam said on a call with analysts.
The move could be read in one of two ways, analysts say.
With the FCC's approval of content deals that leverage wireless networks, look for the telecoms to become bigger players in sports and other content.
Stocks break higher in the afternoon session thanks to a rebound in the price of crude oil and as investors assess a solid jobs report for April.
Stocks post slight gains on Friday as a rebound in crude prices fuels a rally in the energy sector.
Media stocks were mostly rising on Friday, putting a brave face on a sector that was battered this week amid concerns that pay-TV subscribers and advertisers are moving online faster.
I'm keying on a range-bound thesis plus the elevated implied volatility.
The Dow drops on Friday after IBM sinks and a solid April jobs report shores up the chances of a move from the Federal Reserve next month.
CBS's first-quarter earnings results, which topped analyst estimates, underscored the importance of owning a broadcast network and sports television rights.
Stock futures move higher on Friday after the nonfarm payrolls report shows more jobs added to the U.S. economy in April than economists expected.
Wall Street struggles for direction on Thursday afternoon after the GOP scores a narrow victory in vote on health care in the House.
Stocks move mostly lower on Thursday after the House passes a bill to repeal and replace the Affordable Care Act.