VIACOM EXECS HIGHEST PAID IN U.S. MEDIA

The three highest-paid media executives in 2010 all worked for companies controlled by Sumner Redstone’s National Amusements, the Los Angeles Times observed today (Monday) citing figures by Redwood City, CA., executive compensation research firm Equilar Inc. The three are Viacom CEO Philippe Dauman, who drew the largest compensation package of any U.S. executive: $84.5 million; […]

CBS’S PROFITS A REAL EYE-OPENER

The return of advertisers to the TV market helped CBS boost its revenue 25 percent in the first quarter. (With ad sales from the Super Bowl excluded, the figure would have been “in the high single digits,” the company said.) CBS, which, unlike most media conglomerates, depends on ad sales for more than 60 percent […]

MOONVES HINTS RIVAL HULU MAY BE FAILING

CBS chief Les Moonves said Wednesday that “there has been some rumblings about some dissatisfaction” among the partners in Hulu, who include the Fox broadcast network, NBC, and ABC. During a conference call with investors, Moonves indicated that CBS has no intention of joining the online video property, second (behind YouTube) as the most popular […]