Top 10 Media & Broadcasting companies in the World 2015

Posted in Top Brand Lists, Total Reads: 5734

8. CBS

CBS (Columbia Broadcasting System) was founded by Mr. Sumner M. Redstone in 1986. The current CEO of the company is Leslie Moonves.

It is headquartered in New York, U.S. CBS corp. operates as a mass media company and reaches millions of subscribers through various channels. The company is involved in four major segments which are Entertainment, Cable Networks, Publishing and Local Broadcasting. The entertainment segment involves content like videos, films, short-movies, gaming and application etc. The cable networks division is solely responsible for all the lively arts (i.e. symphony, dance, theatre, opera, etc. The publishing division looks after the publication of various news articles and magazines. Local broadcasting involves the distribution of internet services across various regions covered by the company for broadcasting. CBS employs approximately 22,940 employees and ranks fourth in the industry around the world in terms of overall profits earned.

Sales: $14.1 B

Profits: $3 B

Assets: $24.1 B

Market Value: $30.4 B