CBS Corporation

CBS Corporation is a global mass media company that creates, distributes, and monetizes content across various platforms. It owns the most-watched television network in the U.S., CBS Television Network, and has a vast library of entertainment content. The company's operations span multiple media sectors, including cable networks (Showtime, CBS Sports Network, Smithsonian Networks), publishing (Simon & Schuster), local broadcasting (television and radio stations), film (CBS Films), and digital media (CBS Interactive). CBS Corporation also manages the worldwide DVD and Blu-ray businesses for the company, distributing current hits and classic series from its extensive library. Founded in 1986, the company is headquartered in New York, United States.

Stephen Burke

COO

Past deals in Radio

TargetSpot

Series B in 2008
TargetSpot is the largest internet radio advertising network in the United States, specializing in connecting brands and local businesses with online listeners through interactive advertising solutions. The company offers a software-as-a-service platform that allows advertisers to create targeted campaigns based on geography, listening preferences, and demographics. This enables the delivery of impactful audio, display, and pre-roll video advertising across a diverse range of online audio properties. TargetSpot collaborates with over 85 distribution partners, including notable names such as CBS RADIO and Entercom. Based in New York City, TargetSpot is also focused on the evolving digital audio landscape, providing tools and products that facilitate the management and monetization of various audio assets, including music, radio, podcasts, and smart speakers. The company is backed by investors like Union Square Ventures and Bain Capital Ventures.

CSTV Networks

Acquisition in 2005
CSTV Networks, Inc., known as CBS Sports Network, is a prominent operator of a sports television channel that focuses on college sports. The network broadcasts a variety of men’s and women’s sports, including live games and programming centered around college football and basketball. With a commitment to showcasing college athletics 24 hours a day, CSTV Networks reaches over 21 million households through cable and satellite distribution. Additionally, the company operates sports radio stations and offers online broadcasts, complementing its television presence with a digital platform that includes around 215 official college athletic websites. CSTV Networks also features an online store that sells sports apparel, accessories, and gear. Originally founded as College Sports Television, the company rebranded in 2005 to reflect its broader programming focus.

American Radio Systems

Acquisition in 1997
American Radio Systems (ARS) is the fifth largest radio broadcasting company in the United States with 98 radio stations (including pending transactions) located in 19 predominately top 50 markets, including several major markets where CBS has existing radio and television stations.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.