Moonves Optimistic About Advertising

Jan 7, 2009  •  Post A Comment

CBS CEO Les Moonves told an investor conference he is hopeful that automotive advertising as hit rock bottom, Bloomberg reports. “The minute there’s a slight improvement in the market, and there will be, CBS is going to get the bulk of that revenue,” Moonves said. Moonves also said CBS hopes to reach a deal soon with Cablevision Systems similar to one announced Tuesday with Time Warner Cable that pays more for programming on CBS and its Showtime unit.
—Jon Lafayette

One Comment

  1. “has hit” not “as hit”. 🙂

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