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CBS Corporation to Acquire SignStorey, a Leading Nationwide Provider of In-Store Programming, Advertising Content

COMPANY TO BE RENAMED “CBS OUTERNET”

09.06.2007 -- CBS Corporation (NYSE: CBS and CBS.A) announced today that it has entered into a definitive agreement to acquire SignStorey, Inc., a leader in the distribution of video programming and advertising content to retail stores.

The purchase price is $71.5 million in cash. SignStorey will be renamed “CBS Outernet” upon closing of the deal and is expected in the fourth quarter of 2007, pending regulatory review.    » read more »

Jack Romanos to Retire as President and CEO of Simon & Schuster

09.06.2007 -- Jack Romanos, President and Chief Executive Officer of Simon & Schuster, Inc., announced today that he will retire from that post, effective Dec. 31, 2007. Romanos will continue to serve in an advisory capacity to CBS Corporation President and CEO Leslie Moonves through 2009.

Carolyn K. Reidy, currently President of Simon & Schuster’s Adult Publishing Division, will assume the role of President and Chief Executive Officer upon Romanos’ retirement.    » read more »

CBS Corporation Increases Quarterly Dividend by 14%, Announces $1.6 Billion Stock Repurchase Program

09.04.2007 -- CBS Corporation (NYSE: CBS and CBS.A) today announced that its Board of Directors has authorized an increase in the quarterly dividend by 14% from 22 to 25 cents per share. The dividend is payable on October 1, 2007 to stockholders of record as of September 14, 2007.

In addition, the Board has approved a $1.6 billion stock repurchase program which the Company will implement via an accelerated share repurchase transaction.    » read more »

George Lucas Debuts Emmy-Winning "The Adventures Of Young Indiana Jones" on DVD Oct. 23

First of Three Volumes of "The Adventures Of Young Indiana Jones" Unearths Treasure Trove of Interactive Materials That Bring 20th-Century History to Life

SAN FRANCISCO, Aug 27, 2007 -- The Emmy(R)-award winning series THE ADVENTURES OF YOUNG INDIANA JONES makes its long-awaited DVD debut on Oct. 23 with an unprecedented array of all-new bonus materials, which allow viewers to dig deeper into the real-life events behind young Indy's globe-trotting coming-of-age.    » read more »

CBS Corporation to Report Third Quarter 2007 Earnings on Thursday, November 1, 2007

08.22.2007 -- CBS Corporation (NYSE:CBS.A and CBS) announced today that it will report results for the third quarter of 2007 on Thursday, November 1, 2007. The Company will conduct a teleconference call at 4:30 PM, ET, following the release of its earnings announcement. The call is open to the general public.    » read more »

New York Homemaker Wins $25,000 in the First-Ever Jeopardy! Google Daily Challenge

CULVER CITY, CA (August 21, 2007) - Shirley Seaman, a 29-year-old mother of five from Greenfield Center, N.Y., is $25,000 richer thanks to the first-ever Jeopardy! Google Daily Challenge. The winner of the grand prize sweepstakes, Seaman was one of nearly 150,000 registered users testing her Jeopardy!    » read more »

Don Imus: Controversial US Radio Host Don Imus Back in The News

15 August 2007 -- It's been a turbulent week for Don Imus. While the controversial radio host reached an August 14 settlement with his former employer, CBS Radio, he also faces a lawsuit from a member of the Rutgers University women's basketball team.

The settlement allows the 67-year-old shock jock to return to broadcasting at a different station, four months after making a racist and sexist remark about the Rutgers team members. It also pre-empts Imus' threatened $120 million breach-of-contract lawsuit against CBS. Terms of the settlement were not disclosed.    » read more »

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