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CBS Columbia Blunder System

T

TheLaffer

Guest
CBS's net profits rose to $781 million in the last quarter, a rise of 4 percent from a year ago, but of that amount $292 million came from its sale of Paramount Parks, its theme park unit. Total revenue slipped 1 percent to $3.5 billion from $3.6 billion. Radio sales dropped precipitously.
Operating income of CBS Radio slumped 20 percent to $219.6 million. (After the quarter ended, CBS Radio slashed 100 jobs.) The company also reported lower revenue from sales of DVD compilations of its programs.


It’s only the beginning kids :D
 
TheLaffer said:
Operating income of CBS Radio slumped 20 percent to $219.6 million. (After the quarter ended, CBS Radio slashed 100 jobs.) The company also reported lower revenue from sales of DVD compilations of its programs.


It’s only the beginning kids :D
Click to expand...

Don't worry...they are bringing back the CBS Records label.
 
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