Sunday, March 2, 2008

Moonves: New Media

"On a conference call with analysts last Tuesday, Moonves said that CBS will likely grow through acquisition, most likely in the new media and outdoor advertising space.

CBS has usually used its cash reserves to pay dividends to shareholders. While that remains the priority — and Moonves said the dividend could possibly rise again this year — he said there is plenty of powder in the broadcaster's arsenal to fund a deal or two."

"Last season was about the aftermath of a nuclear attack in our small little town," says Barbee. "Season 2 is about the country and saving a system of government and a way of life. It's about occupation, resistance and then revolution."

- Carol Barbee - Baltimore Sun

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