Q1 sales at CBS gained 12 percent from a year...
Q1 sales at CBS gained 12 percent from a year earlier to $3.9 billion, the company said. Licensing agreements with digital distributors along with syndication deals boosted sales. Ad sales also gained 5 percent from a year earlier on the…
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strength of its network primetime and sports lineups, it said. Sales at its local broadcasting group were $622 million, about the same as a year earlier. Profit increased about 80 percent from a year ago on higher operating income, and a one-time gain on the early extinguishment of debt.