CBS Corporation is a prominent mass media company that creates and distributes content across various platforms globally. Established in 1986 and headquartered in New York, it operates the most-watched television network in the United States and boasts one of the largest libraries of entertainment content worldwide. The company encompasses a wide range of media and entertainment sectors, including cable, publishing, radio, local television, film, and outdoor advertising. Its entertainment segment produces and distributes a diverse array of programming, including news, sports, and theatrical motion pictures. CBS also manages multiple cable networks, including Showtime Networks and CBS Sports Network, and oversees Smithsonian Networks, which focuses on educational programming. Additionally, CBS Corporation's publishing segment, Simon & Schuster, produces adult and children's books in various formats. The local broadcasting division operates numerous television and radio stations across the U.S., offering a combination of news, weather, sports, and entertainment content. Through its extensive portfolio, CBS Corporation remains a key player in the media landscape.
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., doing business as CBS Sports Network, operates a sports television channel. It televises men’s and women’s sports, live games, and live programming, such as college football, college basketball, and others. The company also operates sports radio stations; broadcasts television programs online; and sells sports apparel, accessories, and gear through its online store. CSTV Networks, Inc. was formerly known as College Sports Television and changed its name to CSTV Networks, Inc. in 2005.
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.
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