CBS Corporation

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.

Stephen Burke

COO

Past deals in Broadcasting

Network Ten

Acquisition in 2017
Network Ten is one of Australia’s leading entertainment and news content companies, with assets across free-to-air television, online and digital platforms. Our corporate vision is simple: “We create innovative and authentic multi-platform content that entertains and engages the young at heart.”

Syncbak

Series C in 2013
Syncbak, Inc. is a live broadcast network and distribution company that specializes in providing a comprehensive platform for live streaming and content management. Established in 2009 and headquartered in Cedar Rapids, Iowa, with an additional office in New York, Syncbak offers services such as live stream transcoding, rights management, cloud-based DVR, and geo-location services. Its all-in-one OTT resource, SyncTalk, enables the streaming of live broadcast television to mobile devices. The company supports various segments of the broadcasting industry, including television networks, broadcast groups, TV stations, and content producers. Syncbak's technology powers successful OTT solutions, including CBS All Access and live TV for platforms like Hulu and fuboTV, facilitating features such as dynamic ad insertion and stream monitoring to enhance viewer experiences.

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.

Spot Runner

Series B in 2006
Spot Runner, Inc - Founded in 2003 with the world's first TV advertising platform for local advertisers.

King World Productions

Acquisition in 2000
King World Productions engages in the production and distribution of television programming in the United States, Canada, and other foreign countries; and related operations, as of May 31, 1999. Formerly, the company was a subsidiary of CBS Corporation.

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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