The global revenue of the CBS Corporation in the third quarter of 2019 was 3.3 billion U.S. dollars. The U.S. media conglomerate headquartered in New York City tends to generate between three and four billion dollars in revenue per quarter, with the biggest contributor being the company's entertainment segment. This segment includes CBS Television Network, CBS Films, and CBS Interactive, the latter of which operates streaming service CBS All Access. Data on the corporation's net earnings shows that CBS generally has a quarterly net income of between four and five hundred million U.S. dollars.
Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019
(in billion U.S. dollars)
Figures for quarters other than Q3 2019 come previous quarterly reports. Figures have been rounded. On April 2, 2014, CBS Outdoor Americas Inc. (“Outdoor Americas”), which was previously a subsidiary of CBS Corporation (the "Company" or "CBS Corp.") and has been renamed Outfront Media Inc., completed an initial public offering through which it sold approximately 19% of its common stock and on July 16, 2014, CBS Corp. disposed of its approximately 81% ownership of Outdoor Americas through a tax-free split-off. For 2014, net earnings from discontinued operations, net of tax, includes a gain on the disposal of Outdoor Americas of $1.56 billion, or $2.78 per diluted share. On September 30, 2013, the Company completed the sale of its outdoor advertising business in Europe, which included an interest in an outdoor business in Asia (“Outdoor Europe”) for $225 million. Outdoor Europe has been presented as a discontinued operation in the Company’s consolidated financial statements. In 2014, in connection with the early redemption of $1.07 billion of its debt, the Company recorded a pretax loss on early extinguishment of debt of $352 million ($219 million, net of tax), or $.39 per diluted share.
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CBS. (November 12, 2019). Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/
CBS. "Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019 (in billion U.S. dollars)." Chart. November 12, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/
CBS. (2019). Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/
CBS. "Revenue Generated by Cbs Corporation from 1st Quarter 2010 to 3rd Quarter 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Nov 2019, https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/
CBS, Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/ (last visited August 24, 2024)
Revenue generated by CBS Corporation from 1st quarter 2010 to 3rd quarter 2019 (in billion U.S. dollars) [Graph], CBS, November 12, 2019. [Online]. Available: https://www.statista.com/statistics/205929/quarterly-revenue-of-the-cbs-corporation/