CBS profit falls as spending on streaming ramps up

Signage is displayed at the CBS Corp. Television City studio complex in Los Angeles, California. (Patrick T. Fallon/Bloomberg)

November 12, 2019 03:29 PM

CBS Corp. reported lower profit as the company invests more in original programming for its streaming services, including a new deal for the Champions League soccer tournament.

Featured Stories

Latest News

Cookies may stay, but advertisers still deserve better measurement

Marketing winners and losers of the week

How brands are botching DE&I—and what to do instead

Agency news you need to know this week

Staying current is easy with newsletters delivered straight to your inbox.

See More in Media

How Revolt is changing its business model, and what it means for its upfront strategy

Why Liquid Death’s chief media officer pays special attention to the upper funnel

Warner Bros. Discovery restructures ad sales division under new ad chiefs

Addressable TV advertising 2025: From add-on to must-have

Staying current is easy with newsletters delivered straight to your inbox.