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CBS CBS Corporation $56.28 $21.16B N/A
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Lions Gate still wants to sell Starz to CBS — then might have to merge with MGM to stay relevant https://www.cnbc.com/2019/05/21/lionsgate-still-wants-to-sell-starz-to-cbs-mgm-deal-logical-follow-up.html May 21, 2019 - CBS plans to renew talks for Starz with Lions Gate, according to people familiar with the matter. Then Lions Gate could pursue a deal with MGM.
Ex-manager of CBS credit union admits stealing $40M from members to gamble and buy expensive cars http://www.nydailynews.com/news/national/ny-cbs-credit-union-manager-pleads-guilty-20190520-q33rpm7ijnhfhlaoivgtzuxyaa-story.html May 20, 2019 -

While he was in charge of a credit union for CBS employees, Edward Rostohar was gambling, traveling by private jet, driving around in a Porsche and other luxury cars, and buying expensive watches, Tiffany jewelry and homes in the U.S. and Mexico.

After more than 20 years of indulgence, the California...

CBS Makes a $5 Billion Bid for Lions Gate's Starz https://www.fool.com/investing/2019/05/18/cbs-makes-a-5-billion-bid-for-lions-gates-starz.aspx?source=iedfolrf0000001 May 18, 2019 - The cable and streaming unit is sparking interest from potential suitors.
Lions Gate's Starz rejected CBS's $5 billion offer about two months ago, sources say https://www.cnbc.com/2019/05/17/lionsgate-shares-soar-on-report-that-cbs-wants-to-buy-starz.html May 17, 2019 - Shares of Lionsgate were halted due to volatility on Friday afternoon after rumors that CBS had made an informal offer to buy Starz from the media company spiked the stock nearly 15 percent.
CBS will utilize more technology this weekend at PGA Championship http://www.latimes.com/sports/la-sp-pga-notes-20190517-story.html May 17, 2019 -

Better golf through technology? For CBS viewers, yes.

The network will employ several new technologies this weekend for the third and fourth rounds of the PGA Championship at Bethpage Black, including one that will give the audience a top down view of the action.

Not only will there be the traditional...

Lions Gate spikes on report of CBS informal offer for Starz https://seekingalpha.com/news/3465092-lions-gate-spikes-report-cbs-informal-offer-starz?source=feed_news_all May 17, 2019 - Lions Gate has been halted for volatility after a spike (LGF.A +6.7%, LGF.B +7.6%) as The Information reports CBS (CBS +0.6%) made an informal offer to acquire the Starz cable channel. Such a purchas
TV networks to advertisers: Hey, we'll have streaming services, too https://www.cnbc.com/2019/05/17/tv-networks-pitch-brand-safety-streaming-to-advertisers-at-upfronts.html May 17, 2019 - Major TV networks presented to advertisers this week at upfront presentations as they try to elbow out disruptors.
CBS News’ Steve Kroft, longtime ‘60 Minutes’ correspondent, is retiring http://www.latimes.com/business/hollywood/la-fi-ct-steve-kroft-cbs-retires-20190517-story.html May 17, 2019 -

Steve Kroft, the longest tenured correspondent on the CBS newsmagazine “60 Minutes,” is retiring at the end of the current season, the network announced Friday.

Kroft, 73, will have his final segment on the program this Sunday. He first joined “60 Minutes” in 1989, becoming part of the correspondent...

Shari Redstone Was the Surprise Star of the CBS Party at the Plaza https://www.nytimes.com/2019/05/15/business/media/shari-redstone-cbs-upfront.html?partner=rss&emc=rss May 16, 2019 - At the gathering after the presentation at Carnegie Hall, well-wishers lined up to greet the head of CBS’s parent company, who hadn’t attended in years.
CBS Unveils Its New Lineup After a Season of Crisis https://www.nytimes.com/2019/05/15/business/media/cbs-lineup-new-season-upfronts.html?emc=rss&partner=rss May 15, 2019 - A possible merger with Viacom is back in play for the most-watched network, after it was affected by claims of misconduct at its executive wing, news division and prime-time shows.

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