Posts Tagged ‘cbs’

CBS Corp. Sets Plans for Outdoor IPO, Divestiture

March 17, 2014  |  Variety  |  No Comments

CBS has formally launched the IPO process for its outdoor advertising unit. As expected, the Eye said Monday it has filed a prospectus with the Securities and Exchange Commission that calls for it to sell 20 million shares in its domestic outdoor advertising unit. The IPO shares are expected to price between $26 and $28,... Read more

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Bazinga! CBS Renews The Big Bang Theory Through 2016-17

March 12, 2014  |  Media Week  |  No Comments

Nerds rejoice: CBS has renewed The Big Bang Theory for another three years, ensuring that Leonard, Sheldon and the rest of the gang will be yukking it up through the 2016-17 broadcast TV season. The duration of the pickup is not a shocker; when CBS last renewed Big Bang back in January 2011, it was for a three-season run. Now in its seventh season, Big Bang is broadcast’s top-rated scripted series, averaging a 5.3 in the adults 18-49 demo, per Nielsen live-plus-same-day data. (The Walking Dead is far and away the highest-rated show on the tube, averaging a whopping 6.7 in the dollar demo through the first 13 episodes of its fourth season on AMC.) With massive deliveries of advertiser-friendly viewers comes premium unit costs. According to media buyers, the average price of a 30-second spot in Big Bang during the upfront was a cool $326,260, making the show network TV’s most valuable scripted real estate . “Comedy is a big part of our schedule, and The Big Bang Theory is the biggest comedy force on television,” said Nina Tassler, chairman, CBS Entertainment, by way of announcing the renewal.

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Fox Cancels Raising Hope

March 10, 2014  |  Media Week  |  No Comments

Fox on Monday said “nope” to a fifth season of Raising Hope . The network will air a two-part series finale on Friday, April 4, thereby bringing an end to the peripatetic Greg Garcia comedy. Since debuting in September 2010, Raising Hope has occupied no fewer than six different time slots. In its first three seasons, Hope ping-ponged across Fox’s Tuesday night schedule before being shifted to Thursday for its Season 3 finale … which aired a full month after its most recent original broadcast date. When Fox in advance of this season moved Hope to Fridays, the writing was on the wall for the daffy family comedy. Fox stacked back-to-back episodes of Hope for five weeks, whereupon it was paired with the freshman sitcom Enlisted . Season-to-date, Hope is averaging 2.16 million live-plus-same-day viewers and an anemic 0.7 in the adults 18-49 demo.

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A Look at What the Broadcast TV Networks Have in Store for 2014-15

March 10, 2014  |  Media Week  |  No Comments

“Time is a flat circle. Everything we’ve ever done or will do, we’re gonna do over and over and over again.” —Rustin Cohle While his musings have more to do with Nietzsche than Nielsen, True Detective’s nihilist ex-cop just as easily could have been inveighing against the infernal hamster wheel that is broadcast TV’s development process. Two-thirds of the way through another unremarkable season, the pilots designed to replace the failures of 2013-14 are a familiar stew of cop shows, bland comedies and spinoffs. And yet, hope springs eternal … Poised to win its first seasonal ratings crown in 10 years, NBC is still struggling with its Thursday night comedy lineup. All three newcomers have been shuttered, but with 19 sitcom pilots in the hopper, the Peacock has plenty of options. The twin comedy suns that light NBC’s corner of the universe are represented in Tina Fey’s Tooken and Amy Poehler’s Old Soul ; along with a Craig Robinson vehicle and Rob Lowe’s turn as a tennis hustler. These are the only projects that deviate from the cookie-cutter relationship comedy template. On the drama front, the resurrected CBS pilot Babylon Fields could bring NBC’s Wednesday 8 p.m. slot back from the dead. Speaking of CBS , the Eye Network once again has few weak spots to shore up, as it is expected to renew the vast majority of its lineup. (As CBS Corp. CEO Les Moonves said last week, “The problem with our new development is, where do you put it all?”) Having secured the rights to the new Thursday Night Football package , CBS has a powerful new vehicle with which to promote its ailing Monday 10 p.m. slot. Look for Vince Gilligan’s Battle Creek and an untitled Wall Street drama from Taylor Elmore (Justified) and John Cusack to help level the playing field. Fox entertainment chairman Kevin Reilly has made good on his promise to scrap the insanely inefficient custom that is pilot season, jumping straight into seven series orders. Among these are the Batman prequel Gotham, which could make for a nice fit on Monday nights with the returning Sleepy Hollow , and the Rainn Wilson detective strip, Backstrom. Seth MacFarlane, John Mulaney and Fey have comedies in the works for next season when Fox will have as many as six-and-a-half hours to fill each week.

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Nina Tassler Upped to Chairman, CBS Entertainment

February 20, 2014  |  Media Week  |  No Comments

Veteran CBS hit-maker Nina Tassler has been promoted to chairman of CBS Entertainment, inking a new deal with the network that extends through 2017. In her new role, Tassler will lead CBS’ programming across prime time, late night and daytime, while spearheading programming development in all genres. Tassler’s promotion comes as CBS commits to a slate of summer originals like the returning thriller

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CBS Lands Tony Gonzalez as NFL Today Analyst

February 18, 2014  |  Media Week  |  No Comments

CBS Sports is making some big moves at its signature pro football studio show, signing 10-time All-Pro tight end Tony Gonzalez as an NFL Today analyst. Beginning this fall, Gonzalez joins NFL Today veterans James Brown, Bill Cowher and Boomer Esiason in CBS’ New York studios. With Gonzalez in the lineup, CBS has elected not to renew the contracts of long-time NFL Today contributors Dan Marino and Shannon Sharpe. In a statement issued Tuesday afternoon, CBS Sports chairman Sean McManus acknowledged that Marino and Sharpe would not return for the 2014-15 NFL campaign. “As they pursue other professional opportunities, we thank Dan and Shannon for their hard work and dedication,” McManus said. “We wish them nothing but the best.” Marino put in 12 years behind the NFL Today desk, while Sharpe has been a fixture on the pre-game show since 2004.

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Moonves: Big Bang Theory Will Move to Accommodate NFL Games

February 13, 2014  |  Media Week  |  No Comments

In a bid to accommodate the hulking bruiser that is the National Football League, Leonard, Sheldon, Penny and the rest of The Big Bang Theory crew next fall will be moving out of the Nerdvana of Thursday night for a slot earlier in the week. Speaking to investors during CBS Corp.’s fourth quarter earnings call, CEO Les Moonves confirmed that broadcast’s No. 1 scripted show would temporarily step aside to make way for the network’s new eight-game NFL package . “What we will do with our Thursday night is, we have some big shows, such as The Big Bang Theory … and we’re not going to wait until November to launch that,” Moonves said. “That’s going to be on the air on some other night, which will grow the ratings and the rates on some other night.” (That answers one question .) Moonves added that the sophomore drama Elementary is also likely to shift to another night, and while he did not offer a specific target destination, the smart money’s on Monday. Such a move would be a homecoming of sorts for Big Bang, which in its first three seasons occupied various time slots during the night before moving to the Thursday anchor position in fall 2010. CBS could also use a boost from Elementary, which if nothing else might stanch the bleeding in the network’s Monday 10 p.m. slot. In a rare stumble, two new CBS dramas have faltered in that position; the serialized thriller Hostages averaged just 5.16 million live-plus-same-day viewers and a 1.2 rating among adults 18-49, while successor Intelligence is faring only slightly better against NBC’s The Blacklist. While no decisions have been made on its Thursday freshman comedies The Millers and The Crazy Ones, CBS is all but certain to cancel the long-in-the-tooth Two and a Half Men. Now in its eleventh season, the Chuck Lorre sitcom has plummeted 44 percent in the demo and features one of TV’s priciest casts. (Leads Ashton Kutcher commands on the order of $700,000 per episode for his work on Men, while Jon Cryer rakes in $600,000 for any given show.) After acknowledging that the competition for the new Thursday night NFL show case was “pretty fierce,” Moonves suggested that CBS was really the only proper fit for the league’s purposes. “At the end of the day, it really wasn’t about money,” he said. “The NFL was more interested in establishing their Thursday night and being in partnership with a brand, a company, a network that would do a better job of establishing that into the future.” Moonves went on to note that much as it does already on Sunday afternoons, football will serve as a powerful promotional vehicle for CBS’ fall schedule. He then added that the network hopes to extend the deal beyond the single year for which CBS is contracted. (The NFL has the right to add a second season of Thursday Night Football at its discretion.) “I am extremely pleased to have this.

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CBS Beats Street Estimates With Q4 Earnings, Touts Focus As ‘Pure Content’ Company

February 12, 2014  |  Variety  |  No Comments

CBS has delivered what it billed in Wednesday’s earnings announcement as the company’s highest-ever fourth quarter and full-year results. The Eye topped Wall Street estimates for earnings per share (78 cents, up 22%) and revenue ($3.9 billion, up 6%) on the strength of content licensing and distribution revenues, even as advertising coin remained relatively flat... Read more

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Most News Organizations Are Using Security Contractors to Help Keep Their Teams Safe in Sochi

February 10, 2014  |  Media Week  |  No Comments

With the Winter Olympics underway, the governments of several countries (including the U.S.) have battened down the hatches in case of violence, attracting both sports and political coverage to Sochi. U.S. counterterrorism officials have cited “specific threats of varying degrees of credibility that we’re tracking,” and news organizations must report on breaking news while protecting workers from the ever-present threat of violence. NBC and CBS didn’t comment, citing safety concerns; ABC did not return a request for comment. But all news organizations mentioned are believed to use outside security contractors on such assignments. The Sochi Olympics are a rare junction of geopolitics and feel-good sports coverage—NBC will be trying to get its money’s worth out of the $4.38 billion contract to air the games until 2020, but every news division will be on high alert for the promised terrorist attacks. There are also virtual impediments to coverage—Homeland Security is warning watchers that opportunistic hackers are likely to set up fake versions of news sites to acquire personal information, and Russian intelligence is monitoring social media, email and telephone traffic so closely that it’s been described as “the NSA on steroids.” “The news organizations have had enough practice making themselves secure, particularly around the 2005-2006 period,” said TV news analyst Andrew Tyndall.

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4 Burning Questions About CBS’ New NFL Package

February 6, 2014  |  Media Week  |  No Comments

In securing the rights to the National Football League’s new Thursday night franchise , CBS effectively pulled the rug out from under its broadcast competition. While it’s no secret that NBC has been having a rough time of it on the crucial night, Fox isn’t faring all that well on fall Thursdays, either. (While its 8 p.m. time slot remains a quandary, ABC’s battery of the indefatigable Grey’s Anatomy and the smash hit Scandal make it bulletproof, especially among female viewers.) Those who were absolutely convinced that NBC would spend its way to a rights win remain perplexed by how the Peacock let itself get outflanked by CBS. But according to sources with insight into the auction, CBS’ offer, which was estimated to be around $275 million, actually did not overshadow its rivals—in fact, one suitor suggests that NBC’s bid was the highest of the five. Instead, the network’s dominance on Thursday nights and its willingness to shoulder the load on the production costs for all 16 games (this includes the eight telecasts that will run on NFL Network in the second half of the season) gave CBS the edge. And while the impact of erecting another broadcast NFL tent pole will be significant, CBS faces some uncertainty as it plans its fall schedule. Here are five of the biggest questions facing the network as of today: 1) What’s going to happen to The Big Bang Theory? It’s a ratings monster and generates tremendous amounts of ad sales revenue , but the endearingly nerdy sitcom’s 8 p.m. start time is likely to overlap CBS’ pre-game show. (NFL Network’s Thursday Night Football games kick off at 8:29 p.m. ET.) So, while CBS could just as soon bench The Big Bang Theory until Nov. 6, it’s more likely to shift the show to Monday night in the slot currently occupied by the departing How I Met Your Mother

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