Moonves: 35 Smaller CBS Stations On Block
May 18, 2006 at 11:19 AM (PT)
CBS CEO LES MOONVES reiterated the company's plans to sell some of its small market radio stations WEDNESDAY at the network's Upfront presentation for advertisers in NEW YORK.
THESTREET.COM reports that MOONVES said that the company will sell 35 stations to focus on larger markets. He also said that the company has attracted interest for its PARAMOUNT theme parks division and a sale of that business could come later this year.