CBS Group: Holdings
Holdings
As of June 2006 CBS Corporation holdings encompassed -
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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.
An indication of CBS holdings prior to absorbtion and then spin-off by Viacom is provided in the preceding page of this profile.
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