CBS

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Fishburne Joins CSI Cast
 Fishburne Joins CSI Cast 

Fishburne Joins CSI Cast

(Newser) - Laurence Fishburne, who starred in Boyz in the Hood and The Matrix, will return to TV this fall, joining the cast of CSI. Fishburne will replace William Petersen and will play an ex-pathologist now teaching a college course in criminalistics, reports TV Guide. He'll first appear in the hit CBS...

Want to Oust Couric? Show Her the Money

Firing underperforming Evening News anchor would cost CBS $40M

(Newser) - Katie Couric is keeping her CBS Evening News gig because it would be too expensive to fire her, sources tell the New York Post. Couric has a “pay or play” clause that would force the network to fork over $40 million if it replaces her. “The contract is...

Media Companies Brace as Advertising Slump Worsens

A slowing economy has prompted a sharp reduction in spending

(Newser) - A major slump in advertising is moving beyond newspapers and radio and is now starting to hurt TV and the entire media industry, reports the Financial Times. Major advertisers—especially car dealers, airlines, and banks—are cutting back on marketing as the economy slows. And, analysts say, even the windfalls...

Where Will Jay Go After Tonight ?
 Where Will Jay
 Go After 
 Tonight
ANALYSIS

Where Will Jay Go After Tonight?

Comedian may be getting the boot, but tomorrow's looking pretty bright

(Newser) - Jay Leno might be losing his beloved "Tonight Show," writes the Hollywood Reporter, but the host still has a ratings punch and an enviable set of options (in decreasing order of probability):
  1. Take ABC’s 11:30pm-12:30am slot, displacing Nightline and Jimmy Kimmel Live and competing with
...

Minutes Dwindle for Networks' War Coverage
 Minutes Dwindle for
 Networks' War Coverage 
ANALYSIS

Minutes Dwindle for Networks' War Coverage

Bureaus cut amid financial concerns; political primary blots out other stories

(Newser) - Middle East correspondents are struggling to get stories on the nightly news as TV networks scale back war coverage, the New York Times reports. With violence in Iraq declining and the US public tiring of an open-ended conflict, network execs have focused on hot topics like the contentious presidential primaries....

Not Just iPhone&mdash;iRadio!
 Not Just iPhone—iRadio! 
GADGETS

Not Just iPhone—iRadio!

The new gadget supports AOL Radio's new app, for free

(Newser) - Apple’s new iPhone will provide free, CD-quality radio from 200 stations in 25 genres—even if that does cut into iTunes' music business, Saul Hansell blogs in the New York Times. But Apple knows that it will "fare best if it makes the iPhone as useful as possible,...

Networks Will Partner For Cancer Telethon

Gibson, Couric and Williams to co-host Sept. 5 event

(Newser) - ABC, CBS and NBC have decided to work together to fight cancer, the New York Times reports. Each network's lead news anchor will appear on a Sept. 5 telethon broadcast on all three channels simultaneously. The principles—CBS's Katie Couric, NBC's Brian Williams and ABC's Charlie Gibson—have all lost...

Network TV Records Worst Ratings Ever
Network TV Records Worst Ratings Ever

Network TV Records Worst Ratings Ever

Fox is tops in dismal strike-plagued season; cable's gain continues

(Newser) - With just a few days left in the 2007-'08 TV season, Fox is set to take the ratings belt from five-time winner CBS. But it’ll be something of a hollow victory, because network TV on the whole recorded its worst year ever, Variety reports. Among the top five networks,...

Last Chance for Gossip Girl Network?

CW hemorrhaging viewers

(Newser) - A ratings dip is threatening the CW network, sparking chatter that the newbie operation might not make it past year three, the Wall Street Journal reports. Despite the buzz about its racy teen drama Gossip Girl, CW has lost 28% of its young adult target audience. A critical problem is...

Stocks Rise on Deals, Lower Oil
 Stocks Rise on Deals, Lower Oil  
MARKETS

Stocks Rise on Deals, Lower Oil

Merger buzz bets weak economic data

(Newser) - Stocks rose for the fourth consecutive day today as deal-making buzz from Internet firms and a Tiffany’s-led retail rally offset a rise in weekly jobless claims and contraction in New York- and Philadelphia-region manufacturing, MarketWatch reports. The Dow rose 94.28, closing at 12,992.66, while the S&...

CBS Shells Out $1.8B to Buy CNET
CBS Shells Out $1.8B
to Buy CNET

CBS Shells Out $1.8B to Buy CNET

Network gives shareholders huge premium

(Newser) - CBS has agreed to buy CNET for $1.8 billion, the Wall Street Journal reports. The merger comes just as CNET was facing a full-scale shareholder revolt. Now, those investors are getting $11.50 a share, a price the stock hasn’t touched in two years and a 45% premium...

TV Writer's Real Genius May Lie in the Fine Print

In brief post-sitcom flash, CBS shows Lorre's public journal

(Newser) - Television viewers are familiar with "vanity cards," the industry term for images crediting a production company at a show's end. But the cards at two CBS sitcoms are different: Producer Chuck Lorre uses the instant of screen time for a changing public diary, the Wall Street Journal reports....

Forget Video: Radio Killed the Radio Star

Industry scrambles to keep listeners in post-Howard Stern era

(Newser) - With Howard Stern gone and Don Imus chastened, today's commercial radio is fighting to be heard, the Wall Street Journal reports. What's more, consolidation is depriving stations of a local touch and squelching chances for would-be stars. Plus there aren’t as many “heirs apparent,” said one analyst,...

Katie May Wear Larry King's Suspenders

Rumor has CBS anchor jumping ship to take CNN's 9pm spot

(Newser) - When word broke that CBS and Katie Couric were poised to part ways, CNN swiftly re-signed Larry King. That was widely expected. But the contract conspicuously avoids promising King the 9pm hour he’s so long held, sources tell Verne Gay of Newsday. That leaves the door swinging invitingly for...

Couric Gets Vote of Confidence
 Couric Gets Vote of Confidence 

Couric Gets Vote of Confidence

Anchor's not going anywhere, CBS boss Moonves tells news staffers

(Newser) - Katie Couric will anchor the CBS Evening News for a long time to come, the network's CEO told staffers today, TVNewser reports. Les Moonves dropped in on the daily news meeting to dispel recent rumors that Couric is not long for the newscast, which sits at the bottom of the...

Couric's Not Only Thing Networks Should Toss
Couric's Not Only Thing Networks Should Toss
OPINION

Couric's Not Only Thing Networks Should Toss

Evening news shows on their last legs

(Newser) - Evening network news, with or without Katie Couric aboard, is going nowhere, Ron Grover writes in BusinessWeek—then offers suggestions on what the TV giants should do to hook viewers:
  • Make the news available on the viewers' time: Get big-name anchors on tape earlier, and put those newscasts online.

Trouble at CBS Runs Wide and Deep
Trouble at
CBS Runs
Wide and Deep

Trouble at CBS Runs Wide and Deep

Evening News turmoil is last thing Moonves needs

(Newser) - With trouble plaguing most divisions of CBS, last week's flap over Katie Couric's contract was just one of the countless items on Les Moonves' to-do list, the New York Times reports. Ad sales are down industry-wide, Fox is on the tail of the prime-time division and gaining fast, and the...

Ferguson Overtakes Conan

For the first time, CBS late-night show carries higher overall ratings than NBC's

(Newser) - It appears the tides are changing for Conan O’Brien—well, sort of. Last week, and for the first time, the NBC late-night host was beaten in overall ratings by CBS rival Craig Ferguson, the New York Times reports.

CBS May Dump Couric Early
 CBS May Dump Couric Early 

CBS May Dump Couric Early

'Evening News' anchor has brought all-time low ratings

(Newser) - CBS may part ways with "Evening News" anchor Katie Couric as soon as the January 2009 inauguration, and long before her contract expires in 2011, reports the Wall Street Journal, citing anonymous sources from both camps. Network executives are tired of all-time low ratings that began with the switch...

CBS in Talks to Outsource News to CNN

Deal would mark watershed for mother of network news

(Newser) - CBS, the network of Ed Murrow and Walter Cronkite that is widely credited with inventing television news, is considering outsourcing some of its news gathering activities to CNN, according to the New York Times. No deal is imminent but talks are reportedly taking place at the highest level at both...

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