CBS Touts Success of Subscription Products in Q2 Report

Amidst allegations of sexual misconduct by CBS chairman and CEO Les Moonves, CBS Corporation (NYSE: CBS.A and CBS) reported $3.47 billion in revenue, a

Amidst allegations of sexual misconduct by CBS chairman and CEO Les Moonves, CBS Corporation (NYSE: CBS.A and CBS) reported $3.47 billion in revenue, a 6 percent increase year-over-year. The company also reported net earnings from continuing operations of $400 million, or $1.05 diluted earnings per share. In an August 2 news release, Moonves said streaming video services CBS All Access and Showtime OTT are exceeding the company's expectations....

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Filed in Auto-renew Subscription, Business Operations, Business Services, Consumer Services, Entertainment and Streaming, FInance, News, Revenue and Sales

Dana E. Neuts

Dana Neuts is Subscription Insider's Editorial Director, covering our daily subscription news as well as member features, case studies, premium content, and reports. Dana is also a writer, editor, marketer and communications professional. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!