CBS Revenue Up 11% on Higher Fees for Content - News Summed Up

CBS Revenue Up 11% on Higher Fees for Content


CBS Corp.’s revenue rose 11% in the fourth quarter as the media company pulled in more money from pay-TV distributors, content licensing and its own direct-to-consumer streaming services. The content gains were more than enough to overcome a slight decline in advertising revenue from the same period a year ago, which was particularly strong due to the 2016 presidential election.


Source: Wall Street Journal February 15, 2018 21:54 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */