NEW YORK (Reuters) - CBS Corp Chief Executive Leslie Moonves is optimistic about 2011 advertising trends and expects the brisk pacing of ad revenue growth to continue in the first quarter.
Jan. 17 (Bloomberg) -- CBS Corp. jumped in extended trading after saying it will convert its outdoor advertising division into a real estate investment trust and seek a buyer for the European and Asian parts of the business.
He receives a pay package in 2010 that's nearly 34% bigger than the previous year's. CBS' revenue climbed 8% last year, buoyed by a resurgence in TV advertising.CBS Corp.
CBS (CBS)
Q4 2010 Earnings Call
February 16, 2011 4:30 pm ET
Executives
Sumner Redstone - Founder and Executive Chairman
Leslie Moonves - Chief Executive Officer, President and Director
Adam Townsend - Executive Vice President of Investor Relations
Joseph Ianniello - Chief Financial Officer and Executive