Les Moonves: Broadcast Will Persevere in Looming NFL Rights Battle Against Big Tech
'The tech giants all want to be involved in the NFL,' said CBS boss Les Moonves. 'It's the best product in television. ... [But] I think the NFL still believes in the sanctity of broadcasting.' (Patrick T. Fallon/Bloomberg)
The U.S. ad business lost jobs in May for the sixth month in a row. The overall economy added 139,000 jobs, showing modest but relatively steady growth despite worries about tariffs, inflation and recession.