CBS Corporation: Holdings

holdings

As of June 2006 CBS Corporation holdings encompassed -

Television

The television arm comprises

the CBS and UPN television networks
the Company's 39 owned broadcast television stations
television production and syndication businesses, including CBS Paramount Television and King World Productions
cable networks Showtime and CSTV, among other program services.

In January 2006 CBS announced a 50/50 joint venture with Warner Bros. Entertainment to form the new CW broadcast network, expected to be launched in Fall 2006.

UPN plans to cease broadcasting its network schedule at the conclusion of the 2005/2006 broadcast season in September 2006

Radio

The Radio arm owns and operates 179 radio stations in 40 US markets through CBS Radio

Outdoor

The Outdoor segment displays advertising on media, including billboards, transit shelters, buses, rail systems, in-car, station platforms and terminals, mall kiosks, masts and stadium signage principally through CBS Outdoor

Publishing

The publishing arm includes Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner and Free Press

Parks

Paramount Parks is primarily engaged in ownership and operation of five theme parks and a themed attraction in the US and Canada.

In January 2006 CBS announced its intention to divest Paramount Parks and to complete the divestiture in the second half of 2006. It was subsequently announced that the parks had been acquired by Cedar Fair

An indication of CBS holdings prior to absorption and then spin-off by Viacom is provided in the preceding page of this profile.

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