CBS OverviewCBS Corporation
is one of the world’s biggest mass media companies having their headquarters in Manhattan, New York, United States. The company is owned by National Amusements who have 80% shares. The annual revenue of this media company is more than US$ 14 billion. They have divided their operations into many different divisions, such as CBS Entertainment, CBS Publishing, CBS Local Broadcasting, and CBS Cable Networks. The company has operations in the United States and Australia. The company was established on 8 January 1886 as Westinghouse Electric. Presently, they are involved in many different kinds of works such as movie production, cable television, publishing, internet, record label, and broadcasting operations.
There is a long list of assets owned by the company in the various industries across the world. It includes CBS News, The CW Plus, CW Seed, CBS Animation, CBS All Access, CBS Television Distribution, Game Rankings, Game Bomb, Metacritic, Smart Planet, Tech Republic, Download.com, Chowhound, ZDNet, and MP3.com. In addition to that, they own lots of publishing companies that include Cash Money Content, Howard Books, Marble Arch Press, Karen Hunter Publishing, MTV Books, Beach Lane Books, Paula Wiseman Books, and Scribner.
CBS Important Details
The main competitors of the company are The Walt Disney Company, Time Warner, and Comcast. They trade publicly on the New York Stock Exchange. When it comes to revenue, they are the fourth largest entertainment company in the world. The total assets owned by CBS Corporation is more than US$ 23.76 billion.