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Name | CBS Broadcasting Inc. (CBS) |
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Logo | |
Type | Broadcast radio network andtelevision network |
Branding | "Only CBS" |
Airdate | January 21, 1927 (as United Independent Broadcasters) |
Country | United States |
Available | National |
Founder | (as CBS) William S. Paley |
Slogan | Only CBS |
Motto | America's Most Watched Network |
Owner | Independent (1927–1995)Westinghouse Electric (renamed CBS Corp. in 1997) (1995–2000)Viacom (2000–2005)CBS Corporation (2006–present) |
Key people | Leslie Moonves, Chairman of CBS,Nancy Tellem (President of CBS Network Television Entertainment) |
Launch date | September 18, 1927 (radio)July 1, 1941 (television) |
Picture format | 480i ( SDTV)720p/1080i (HDTV) |
Former names | United Independent Broadcasters (1927)Columbia Phonographic Broadcasting System (1927–1928)Columbia Broadcasting System (1928–1995 in official usage) |
Callsign meaning | Columbia Broadcasting System (former legal name) |
Website | CBS.com |
CBS Broadcasting Inc. (CBS) is a major US commercial broadcasting television network, which started as a radio network. The name is derived from the initials of the network's former name, Columbia Broadcasting System. The network is sometimes referred to as the "Eye Network" in reference to the shape of the company's logo. It has also been called the "Tiffany Network", which alludes to the perceived high quality of CBS programming during the tenure of its founder William S. Paley (1901–90). It can also refer to some of CBS's first demonstrations of color television, which were held in a former Tiffany & Co. building in New York City in 1950, thus earning it the name "Color broadcasting system" back when such a feat was innovative.
The network has its origins in United Independent Broadcasters Inc., a collection of 16 radio stations that was bought by William S. Paley in 1928 and renamed the Columbia Broadcasting System. Under Paley's guidance, CBS would first become one of the largest radio networks in the United States and then one of the big three American broadcast television networks. In 1974, CBS dropped its full name and became known simply as CBS, Inc. The Westinghouse Electric Corporation acquired the network in 1995 and eventually adopted the name of the company it had bought to become CBS Corporation. In 2000, CBS came under the control of Viacom, which coincidentally had begun as a spin-off of CBS in 1971. In late 2005, Viacom split itself and reestablished CBS Corporation with the CBS television network at its core. CBS Corporation is controlled by Sumner Redstone through National Amusements, its parent.
Operational costs were steep, particularly the payments to AT&T; for use of its land lines, and by the end of 1927, Columbia Phonograph wanted out. In early 1928, Judson sold the network to brothers Isaac and Leon Levy, owners of the network's Philadelphia affiliate WCAU, and their partner Jerome Louchenheim. None of the three was interested in assuming day-to-day management of the network, so they installed wealthy 26-year old William S. Paley, scion of a Philadelphia cigar family and in-law of the Levys, as president. With the record company out of the picture, Paley quickly streamlined the corporate name to "Columbia Broadcasting System." By September 1928, Paley bought out the Louchenheim share of CBS and became its majority owner with 51% of the business.
Paley moved right away to put his network on a firmer financial footing. In the fall of 1928, he entered into talks with Adolph Zukor of Paramount Pictures who planned to move into radio in response to RCA's forays into motion pictures with the advent of talkies. The deal came to fruition in September 1929: Paramount got 49 percent of CBS in return for a block of its stock worth $3,800,000 at the time.
In the first year of Paley's watch, CBS's gross earnings more than tripled, going from $1,400,000 to $4,700,000. Much of the increase was a result of Paley's second upgrade to the CBS business plan—improved affiliate relations. There were two types of program at the time: sponsored and sustaining, i.e., unsponsored. Rival NBC paid affiliates for every sponsored show they carried and charged them for every sustaining show they ran. It was onerous for small and medium stations, and resulted in both unhappy affiliates and limited carriage of sustaining programs. Paley had a different idea, designed to get CBS programs emanating from as many radio sets as possible: he would give the sustaining programs away for free, provided the station would run every sponsored show, and accept CBS's check for doing so. CBS soon had more affiliates than either NBC Red or NBC Blue.
Paley was a man who valued style and taste, and in 1929, once he had his affiliates happy and his company's creditworthiness on the mend, he relocated his concern to sleek, new 485 Madison Avenue, the "heart of the advertising community, right where Paley wanted his company to be" and where CBS would stay until its move to Black Rock in 1965. When his new landlords expressed skepticism about the network and its fly-by-night reputation, Paley overcame their qualms by purchasing a lease for $1,500,000. wrote David Halberstam. "[H]e knew what was good and would sell, what was bad and would sell, and what was good and would not sell, and he never confused one with another." As the 1930s loomed, Paley set about building the CBS talent stable. The network became the home of many popular musical and comedy stars, among them Jack Benny, ("Your Canada Dry Humorist"), Al Jolson, George Burns & Gracie Allen, and Kate Smith, whom Paley personally selected for his family's La Palina Hour because she was not the type of woman to provoke jealousy in American wives. When, on a mid-ocean voyage, Paley heard a phonograph record of a young unknown crooner, he rushed to the ship's radio room and "cabled" New York to sign Bing Crosby immediately to a contract for a daily radio show.
While the CBS prime-time lineup featured music, comedy and variety shows, the daytime schedule was a direct conduit into American homes—and into the hearts and minds of American women; for many, it was the bulk of their adult human contact during the course of the day. CBS time salesmen recognized early on that this intimate connection could be a bonanza for advertisers of female-interest products. Starting in 1930, astrologer Evangeline Adams would consult the heavens on behalf of listeners who sent in their birthdays, a description of their problems—and a box-top from sponsor Forhan's toothpaste. The low-key murmuring of smooth-voiced Tony Wons, backed by a tender violin, "made him a soul mate to millions of women" on behalf of the R. J. Reynolds tobacco company, whose cellophane-wrapped Camel cigarettes were "as fresh as the dew that dawn spills on a field of clover." The most popular radio-friend of all was M. Sayle Taylor, The Voice Of Experience, though his name was never uttered on air. As the decade progressed, a new genre joined the daytime lineup: serial dramas—soap operas, so named for the products that sponsored them, by way of the ad agencies that actually produced them. Although the form, usually in quarter-hour episodes, proliferated widely in the middle and late 1930s, they all had the same basic premise: that characters "fell into two categories: 1) those in trouble and 2) those who helped people in trouble. The helping-hand figures were usually older." At CBS, Just Plain Bill brought human insight and Anacin pain reliever into households; Your Family and Mine came courtesy of Sealtest Dairy products; Bachelor's Children first hawked Old Dutch Cleanser, then Wonder Bread; Aunt Jenny's Real Life Stories was sponsored by Spry Vegetable Shortening. Our Gal Sunday (Anacin again), The Romance of Helen Trent (Angélus cosmetics), Big Sister (Rinso laundry soap) and many others filled the daytime ether. Thanks to its daytime and primetime schedules, CBS prospered in the 1930s. In 1935, gross sales were $19,300,000, yielding a profit of $2,270,000. By 1937, the network took in $28,700,000 and had 114 affiliates,
In 1938, NBC and CBS each opened studios in Hollywood to attract movieland's top talent to their networks – NBC at Radio City on Sunset and Vine, CBS two blocks away at Columbia Square.
A key early hire was Edward R. Murrow in 1935; his first corporate title was Director of Talks. He was mentored in microphone technique by Robert Trout, the lone full-timer of the News Division, and quickly found himself in a growing rivalry with boss White. Murrow was glad to "leave the hothouse atmosphere of the New York office behind" when he was dispatched to London as CBS's European Director in 1937, a time when the growing Hitler menace underscored the need for a robust European Bureau. Halberstam described Murrow in London as "the right man in the right place in the right era." Murrow began assembling the staff of broadcast journalists—including William L. Shirer, Charles Collingwood and Eric Sevareid—who would become known as "Murrow's Boys". They were "in [Murrow's] own image, sartorially impeccable, literate, often liberal, and prima donnas all." They covered history in the making, and sometimes made it themselves: on March 12, 1938, Hitler boldly annexed nearby Austria and Murrow and Boys quickly assembled coverage with Shirer in London, Edgar Ansel Mowrer in Paris, Pierre Huss in Berlin, Frank Gervasi in Rome and Trout in New York. The News Round-Up format was born and is still ubiquitous today in broadcast news.
Murrow's nightly reports from the rooftops during the dark days of the London Blitz galvanized American listeners: even before Pearl Harbor, the conflict became "the story of the survival of Western civilization, the most heroic of all possible wars and stories. He was indeed reporting on the survival of the English-speaking peoples." With his "manly, tormented voice," Murrow contained and mastered the panic and danger he felt, thereby communicating it all the more effectively to his audience. he did not so much report news as interpret it, combining simplicity of expression with subtlety of nuance. for him at the Waldorf-Astoria. Of course, its goal was more than just honoring CBS's latest "star"—it was an announcement to the world that Mr. Paley's network was finally more than just a pipeline carrying other people's programming: it was now a cultural force in its own right.
Once the war was over and Murrow returned for good, it was as "a superstar with prestige and freedom and respect within his profession and within his company." He possessed enormous capital within that company, and as the unknown form of television news loomed large, he would spend it freely, first in radio news, then in television, taking on Senator Joseph McCarthy first, then eventually William S. Paley himself, and with a foe that formidable, even the vast Murrow account would soon run dry.
As 1939 wound down, Bill Paley announced that 1940 would "be the greatest year in the history of radio in the United States." He was right—times ten: the decade of the 1940s would indeed be the apogee of network radio by every gauge. Nearly 100% of 1939's advertisers renewed their contracts for 1940; manufacturers of farm tractors made radios standard equipment on their machines. Wartime rationing of paper limited the size of newspapers—and hence advertisers—and when papers turned them away, they migrated to radio sponsorship. A 1942 act of Congress made advertising expenses a tax benefit In 1940, only one-third of radio programs were sponsored, while two-thirds were sustaining; by mid-decade, the statistics had swapped—now two out of three shows had cash-paying sponsors and only one-third were sustaining.
The CBS of the 1940s was vastly different from that of the early days; many of the old guard veterans had died, retired or moved on. No change was greater than that in Paley himself: he had become difficult to work for, and had "gradually shifted from leader to despot."
As Paley grew more remote, he installed a series of buffer executives who sequentially assumed more and more power at CBS: first Ed Klauber, then Paul Kesten, and finally Frank Stanton. Second only to Paley as the author of CBS's style and ambitions in its first half-century, Stanton was "a magnificent mandarin who functioned as company superintendent, spokesman, and image-maker." He had come to the network in 1933 after sending copies of his PhD thesis "A Critique Of Present Methods and a New Plan for Studying Radio Listening Behavior" to CBS top brass and they responded with a job. He scored an early hit with his study "Memory for Advertising Copy Presented Visually vs. Orally" which CBS salesmen used to great effect bringing in new sponsors.
Despite the influx of advertisers and their cash, or perhaps because of them, the 1940s were not without bumps for the radio networks. The biggest challenge came in the form of the FCC's chain broadcasting investigation—the "monopoly probe", as it was often called. Though started in 1938, it only gathered steam in 1940 under new-broom chairman James L. Fly. By the time the smoke had cleared in 1943, NBC found itself shorn of its Blue network, which became ABC. CBS was also hit, though not as severely: Paley's brilliant 1928 affiliate contract which had given CBS first claim on local stations' air during sponsored time—the network option—came under attack as being restrictive to local programming. The final compromise permitted the network option for three out of four hours during certain dayparts, but the new regulations had virtually no practical effect, since most all stations accepted the network feed, especially the sponsored hours that earned them money.
On the air, the war had an impact on most every show. Variety shows wove patriotism through their comedy and music segments; dramas and soaps had characters join the service and go off to fight. Even before hostilities commenced in Europe, one of the most-played songs on radio was Irving Berlin's "God Bless America", popularized by CBS's own Kate Smith. Although an Office of Censorship sprang up within days of Pearl Harbor, censorship would be totally voluntary. A few shows submitted scripts for review; most did not. The guidelines that the Office did issue banned weather reports, including announcement of sports rainouts, news about troop, ship or plane movements, war production and live man-on-the-street interviews. The ban on ad-libbing caused quizzes, game shows and amateur hours to wither for the duration. The vaudevillians and musicians who were huge after the war were the same stars who had been huge in the 30s: Benny, Crosby, Burns and Allen, Edgar Bergen all had been on the radio almost as long as there had been network radio. A notable exception to this was relative newcomer Arthur Godfrey who, as late as 1942, was still doing a local morning show in Washington, D.C. Godfrey, who had been a cemetery-lot salesman and a cab driver, pioneered the style of talking directly to the listener as an individual, with a singular "you" rather than phrases like "Now, folks..." or "Yes, friends...". His combined shows contributed as much as 12% of all CBS revenues; by 1948, he was pulling down a half-million dollars a year. Capturing NBC's cornerstone show was coup enough, but Paley repeated in 1948 with longtime NBCers Edgar Bergen and Charlie McCarthy and Red Skelton, as well as former CBS defectors Jack Benny, radio's top-rated comedian, and Burns and Allen. Paley achieved this rout with a legal agreement reminiscent of his 1928 contract that caused some NBC station affiliates to jump ship and join CBS: The plan relied on the vastly different tax rates between income and capital gains, so not only would the stars enjoy more than twice their income after taxes, but CBS would preclude any NBC counterattack because CBS owned the performers' names.
But it wasn't just to one-up rival Sarnoff that Paley led his talent raid; he, and all of radio, had their eye on the coming force that threw a shadow over radio throughout the 1940s—television.
Radio continued to be the backbone of the company, at least in the early 1950s, but it was "a strange, twilight period." Radio powerhouse Bob Hope's ratings plunged from 23.8 in 1949 to 5.4 in 1953. By 1952, "death seemed imminent for network radio" in its familiar form; most telling of all, the big sponsors were eager for the switch.
Gradually, as the television network took shape, radio stars began to migrate to the new medium. Many programs ran on both media while making the transition. The radio soap opera The Guiding Light moved to television in 1952 and ran another fifty-seven years; Burns & Allen, back "home" from NBC, made the move in 1950; Lucille Ball a year later; Our Miss Brooks in 1952 (though it continued simultaneously on radio for its full television life). The high-rated Jack Benny Program ended its radio run in 1955, and Edgar Bergen's Sunday-night show went off the air in 1957. When CBS announced in 1956 that its radio operations had lost money, while the television network had made money, it was clear where the future lay. When the soap opera Ma Perkins went off the air November 25, 1960 only eight, relatively minor series remained. Prime time radio ended on September 30, 1962, when Yours Truly, Johnny Dollar and Suspense aired for the final time.
During the World War II years, commercial television broadcasting was reduced dramatically. Toward the end of the war, commercial television began to ramp up again, with an increased level of programming evident in the 1945–1947 period on the three New York television stations which operated in those years (the local stations of NBC, CBS and DuMont) But as RCA and DuMont raced to establish networks and offer upgraded programming, CBS lagged, advocating an industry-wide shift and re-start to UHF for their incompatible (with black and white) color system. Only in 1950, when NBC was dominant in television and black and white transmission was widespread, did CBS begin to buy or build their own stations (outside of New York) in Los Angeles, Chicago and other major cities. Up to that point, CBS programming was seen on such stations as KTTV Channel 11 in Los Angeles, which CBS—as a bit of insurance and to guarantee program clearance in Los Angeles—quickly purchased a 50% interest in, partnering with the Los Angeles Times newspaper. CBS then sold their interest in KTTV (which today is the West Coast flagship of the Fox network) and purchased outright Los Angeles pioneer station KTSL (Channel 2) in 1950, renaming it KNXT (after CBS's existing Los Angeles radio property, KNX), later to become KCBS-TV. The "talent raid" on NBC of the mid-forties had brought over established radio stars; they now became stars of CBS television as well. One reluctant CBS star refused to bring her radio show, "My Favorite Husband", to television unless the network would re-cast the show with her real-life husband in the lead. Paley and network president Frank Stanton had so little faith in the future of Lucille Ball's series, re-dubbed I Love Lucy, that they granted her wish and allowed the husband, Desi Arnaz, to take financial control of the production. This was the making of the Ball-Arnaz Desilu empire, and became the template for series production to this day.
In the late 1940s, CBS offered the first live television coverage of the proceedings of the United Nations General Assembly (1949). This journalistic tour-de-force was under the direction of Edmund A. Chester, who was appointed to the post of Director for News, Special Events and Sports at CBS Television in 1948.
As television came to the forefront of American entertainment and information, CBS dominated television as it once had radio. In 1953, the CBS television network would make its first profit, and would maintain dominance on television between the years 1955 and 1976 as well
While the "rural" shows got the axe, new hits, like The Mary Tyler Moore Show, All in the Family, M*A*S*H, The Bob Newhart Show, Cannon, Barnaby Jones, Kojak and The Sonny & Cher Comedy Hour took their place and kept CBS at the top of the ratings through the early '70s. The majority of these hits were overseen by then East Coast vice president Alan Wagner. Also, 60 Minutes moved to 7 p.m. ET on Sundays in 1976 and became an unexpected hit.
Silverman also first developed his strategy of spinning new shows off an established hit while at CBS, with Rhoda and Phyllis spun from The Mary Tyler Moore Show, Maude and The Jeffersons spun from All in the Family and Good Times from Maude.
After Silverman's departure, CBS dropped behind ABC in the 1976–77 season, but still rated strongly, based on its earlier hits and some new ones: One Day at a Time, Alice, WKRP in Cincinnati, The Dukes of Hazzard (suspiciously "rural") and, the biggest hit of the early '80s, Dallas.
By 1982, ABC had run out of steam, NBC was in dire straits with many failed programming efforts greenlighted by Silverman during his 1978 to 1981 tenure there, and CBS once more nosed ahead, courtesy of Dallas (and its spin-off Knots Landing), Falcon Crest, Magnum, P.I., Simon & Simon and 60 Minutes. CBS also broadcast the popular NCAA Men's Division I Basketball Tournament every March beginning in 1982 (taking over for NBC). There were a few new hits — Kate & Allie, Newhart, Cagney & Lacey, Scarecrow and Mrs. King, Murder, She Wrote — but the resurgence was short-lived. CBS had gone deeply into debt as a result of the failed effort by Ted Turner to take control over CBS. The battle was headed by CBS chairman Thomas Wyman. CBS sold its St. Louis station KMOX-TV and allowed the purchase of a large portion of its shares (under 25 percent) by Loew’s Inc. chairman Lawrence Tisch. Consequently, collaboration between Paley and Tisch led to the slow dismissal of Wyman, Tisch becoming chief operating officer, and Paley returning as chairman.
Ironically, some of the groundwork had been laid as the network fell in the ratings, with hits Simon & Simon, Falcon Crest, Murder, She Wrote, Kate & Allie and Newhart still on the schedule from the most recent resurgence, and future hits Designing Women, Murphy Brown, Jake and the Fatman, and 48 Hours having recently debuted. Plus, CBS was still getting decent ratings from 60 Minutes, Dallas and Knots Landing. But the ratings for Dallas were a far cry from what they were in the early 1980s. During the early 1990s, the network would bolster its sports lineup by adding Major League Baseball telecasts and the Winter Olympics.
Under network president Jeff Sagansky, the network was able to get strong ratings from new shows , Touched by an Angel, Dr. Quinn, Medicine Woman, Walker, Texas Ranger, and a resurgent Jake and the Fatman during this period, and CBS was able to reclaim the first place crown briefly, in the 1992–1993 season, though its demographics skewed older than ABC, NBC or even Fox, with its relatively limited presence at that time. In 1993, the network made a breakthrough in establishing a successful late night talk show franchise to compete with NBC's Tonight Show when it signed David Letterman away from NBC after the Late Night host was passed over as Johnny Carson's successor on Tonight in favor of Jay Leno. However, CBS' would soon suffer a major blow in a move that would change American television forever.
In 1993, the fledgling Fox network outbid CBS for the rights to air the National Football League, resulting in several stations switching to Fox. The loss of the NFL, along with an ill-fated effort to court younger viewers, led to a drop in CBS' ratings. The network also dropped its MLB coverage (after losing approximately $500 million over a four year span) in 1993 and NBC, which already aired the Summer Olympics, took over coverage of the Winter Olympics beginning with the 2002 Games.
Still, CBS was able to produce some hits, such as Cosby, The Nanny, and Everybody Loves Raymond, and would regain the NFL (taking over the American Football Conference package from NBC) in 1998.
CBS has had additional successes with police procedurals Cold Case, Without a Trace, Criminal Minds, NCIS, and The Mentalist, along with CSI spinoffs and , and sitcoms Everybody Loves Raymond, The King of Queens, Two and a Half Men, How I Met Your Mother, The Big Bang Theory and The New Adventures of Old Christine.
During the 2007–08 season, Fox ranked as the top-rated network, primarily due to its reliance on American Idol. However, according to Nielsen, CBS ended up as the top-rated network for the 2008–2009 and 2009-2010 seasons. The two tend to nearly equal one another in the 18-34, 18-49, and 25-54 demographics, although Fox typically wins these by the narrowest of margins.
In other diversification attempts, CBS would buy (and later sell) sports teams (especially the New York Yankees baseball club), book and magazine publishers (Fawcett Publications including Woman's Day, and Holt, Rinehart and Winston), map-makers, toy manufacturers (Gabriel Toys, Child Guidance, Wonder Products), and other properties.
As William Paley aged, he tried to find the one person who could follow in his footsteps. However, numerous successors-in-waiting came and went. By the mid-1980s, the investor Laurence Tisch had begun to acquire substantial holdings in CBS. Eventually he gained Paley's confidence, and with his support took control of CBS in 1986.
Tisch's sole interest was turning profits. When CBS faltered, under-performing units were given the axe. Among the first properties to go was the Columbia Records group, which had been part of the company since 1938. Tisch also shut down in 1986 the CBS Technology Center in Stamford, which had started in New York City in the 1930s as CBS Laboratories and evolved to be the company's technology Research and development unit.
Sony purchased from EMI its rights to the Columbia Records name outside the US, Canada, Spain and Japan. Sony now uses Columbia Records as a label name in all countries except Japan, where Sony Records remains their flagship label. Sony acquired the Spanish rights when Sony Music merged with Bertelsmann subsidiary BMG in 2004 as Sony BMG, co-owned by Sony and Bertelsmann. Sony bought out BMG's share in 2008.
CBS Corporation revived CBS Records in 2006.
CBS greatly expanded its magazine business by purchasing Fawcett Publications in 1974, bringing in such magazines as Woman's Day. It acquired the majority of the Ziff Davis publications in 1984.
CBS sold its book publishing businesses in 1985. The educational publishing division, which retained the name Holt, Rinehart & Winston, was sold to Harcourt Brace Jovanovich; the trade book division, renamed Henry Holt and Company, was sold to the West German publisher Holtzbrinck.
CBS exited the magazine business by selling the unit to its executive Peter Diamandis. Diamandis sold the magazines to Hachette Filipacchi Médias in 1988, forming Hachette Filipacchi Media U.S.
Between 1965 and 1985 the quality of Fender guitars and amplifiers declined significantly. Encouraged by outraged Fender fans, CBS Musical Instruments division executives executed a leveraged buyout in 1985 and created FMIC, the Fender Musical Instrument Corporation. At the same time, CBS divested itself of Rodgers, along with Steinway and Gemeinhardt, all of which were purchased by Steinway Musical Properties. The other musical instruments properties were also liquidated.
Yet ten years later, in 1982, CBS took another try at Hollywood, in a joint venture with Columbia Pictures and HBO called TriStar Pictures. Despite releasing such box office successes as The Natural, Places in the Heart, and , CBS felt the studio was not making a profit and in 1985, sold its stake in TriStar to The Coca-Cola Company, Columbia Pictures' owner at the time.
In 2007, CBS Corp. announced its desire to get back into the feature film business slowly launching CBS Films and hiring key executives in the Spring of 2008 to startup the new venture. The name CBS Films was actually used once before in 1953 when the name was briefly used for CBS's distributor of off-network and first-run syndicated programming to local TV stations in the United States and abroad.
Following the Infinity purchase, operation and sales responsibilities for the CBS Radio Network was handed to Infinity, which turned management over to Westwood One, a company Infinity managed. WWO is a major radio program syndicator that had previously purchased the Mutual Broadcasting System, NBC's radio networks and the rights to use the "NBC Radio Networks" name. For a time, CBS Radio, NBC Radio Networks and CNN's radio news services were all under the WWO umbrella.
, Westwood One continues to distribute CBS radio programming, but as a self-managed company that put itself up for sale and found a buyer for a significant amount of its stock.
CBS also owned CBS Telenoticias, a Spanish-language news network.
In that same year of 1997, Westinghouse changed its name to CBS Corporation, and corporate headquarters were moved from Pittsburgh to New York. And to underline the change in emphasis, all non-entertainment assets were put up for sale. Another 90 radio stations were added to Infinity's portfolio in 1998 with the acquisition of American Radio Systems Corporation for $2.6 billion.
In 1999, CBS paid $2.5 billion to acquire King World Productions, a television syndication company whose programs include The Oprah Winfrey Show, Jeopardy! and Wheel of Fortune. By the end of 1999, all pre-CBS elements of Westinghouse's industrial past (beyond retaining rights to the name for brand licensing purposes) were gone.
The second company, keeping the Viacom name, kept Paramount Pictures, assorted MTV Networks, BET, and, until May 2007, Famous Music, which was sold to Sony/ATV Music Publishing.
As a result of the aforementioned Viacom/CBS corporate split, as well as other acquisitions over recent years, CBS (under the moniker CBS Studios) owns a massive television library spanning over six decades; these include not only CBS in-house productions and network programs, but also programs aired originally on competing networks. Shows in this library include I Love Lucy, The Twilight Zone, The Honeymooners, Hawaii Five-O, Gunsmoke, The Fugitive, Little House on the Prairie (US TV rights only), , The Brady Bunch, Cheers, The Young Indiana Jones Chronicles, Evening Shade, Duckman and , among others.
Both CBS Corporation and the new Viacom are still owned by Sumner Redstone's company, National Amusements. As such, Paramount Home Entertainment continues to handle DVD distribution for the CBS library.
CBS unveiled its Eye Device logo on October 17, 1951. Before that, from the 1940s through 1951, CBS Television used an oval spotlight on the block letters C-B-S. The Eye device was conceived by William Golden based on a Pennsylvania Dutch hex sign as well as a Shaker drawing. (While commonly attributed to Golden, there is speculation that at least some design work on the symbol may have been done by another CBS staff designer, Georg Olden, one of the first African-Americans to attract some attention in the postwar graphic design field.) The Eye device made its broadcasting debut on October 20, 1951. The following season, as Golden prepared a new "ident", CBS President Frank Stanton insisted on keeping the Eye device and using it as much as possible. (Golden died unexpectedly in 1959, and was replaced by one of his top assistants, Lou Dorfsman, who would go on to oversee all print and on-air graphics for CBS for the next thirty years.)
An example of CBS Television Network's imaging (and the distinction between the television and radio networks) may be seen in a video of The Jack Benny Program from 1953; the video appears to be converted from kinescope, and "unscoped" or unedited. One sees the program very nearly as one would have seen it live on CBS. Don Wilson is the program announcer, but also voices a promo for Private Secretary, which starred Ann Sothern and alternated weekly with Jack Benny on the CBS schedule. Benny continued to appear on CBS radio and television at that time, and Wilson makes a promo announcement at the end of the broadcast for Benny's radio program on the CBS Radio Network. The program closes with the "CBS Television Network" ID slide (the "CBS eye" over a field of clouds with the words "CBS Television Network" superimposed over the eye). There is, however, no voiceover accompanying the ID slide. It is unclear whether it was simply absent from the recording or never originally broadcast.
The CBS eye is now an American icon. While the symbol's settings have changed, the Eye device itself has not been redesigned in its entire history. In the network's new graphic identity created by Trollbäck + Company in 2006, the eye is being placed in a "trademark" position on show titles, days of the week and descriptive words, an approach highly respecting the value of the eye. The eye logo has frequently been copied or borrowed by television networks around the world, notable examples being the Austrian Broadcasting System (ORF) which used to use a red version of the eye logo, Associated TeleVision in the United Kingdom, Frecuencia Latina in Peru, Nippon Television in Japan and Rede Bandeirantes in Brazil. The logo is alternately known as the Eyemark, which was also the name of CBS's domestic and international syndication divisions in the mid-to-late 1990s before the King World acquisition and Viacom merger.
For the 1988–89 season, CBS unveiled its new image campaign, officially known as "Television You Can Feel" but more commonly identified as "You Can Feel It On CBS". The goal was to convey a more sensual, new-age image through distinguished, advanced-looking computer graphics and soothing music, backgrounding images and clips of emotionally powerful scenes and characters. However, it was this season in which CBS began its ratings free fall, the deepest in the network's history. CBS ended the decade with "Get Ready for CBS". The 1989–90 version was a very ambitious campaign that attempted to elevate CBS out of last place (among the major networks); the motif was network stars interacting with each other in a remote studio set, getting ready for photo and TV shoots, as well as for the new season on CBS. The high-energy promo song and the campaign's practices saw many variations across the country as every CBS affiliate participated in it, as per a network mandate. Also, for the first time in history, CBS became the first broadcast network to team with a national retailer to encourage viewership, with the CBS/Kmart Get Ready Giveaway.
In addition, sports programming routinely appears on the weekends, although with a somewhat unpredictable schedule (mostly between noon and 7:00 p.m. ET).
CBS introduced a new talk show titled The Talk on October 18, 2010. The show is similar to ABC's The View with a panel of hosts including Julie Chen, Sara Gilbert, Sharon Osbourne, Holly Robinson Peete and Leah Remini. The show addresses motherhood and other contemporary issues in a candid environment.
, CBS Daytime airs two daytime soap operas each weekday: the hourlong series The Young and the Restless and the half-hour series The Bold and the Beautiful. CBS has generally aired the most soap operas of the Big Three networks (it aired 3½ hours of soap operas from 1982 to 2009, more than NBC and as many or more than ABC in that time frame), though as of 2011 it is behind ABC, which is still airing three hours of soaps; CBS will surpass ABC in 2012 when it cancels two of its three remaining soap operas.
Notable daytime soaps that once aired on CBS include As the World Turns (1956–2010), Guiding Light (1952–2009), which began on radio in 1937, Love of Life (1951–80), Search for Tomorrow (1951–82), which later moved to NBC, The Secret Storm (1954–1974), The Edge of Night (1956–75), which later moved to ABC, and Capitol (1982–87).
Notable daytime game shows that once aired on CBS include Match Game (1973–79), Tattletales (1974–78 and 1982–84), The $10/25,000 Pyramid (1973–74 and 1982–88), Press Your Luck (1983–86), Card Sharks (1986–89), Family Feud (1988–93), and Wheel of Fortune (1989–1991). CBS games that also aired in prime time include Beat the Clock (1950–58 and 1979–80), To Tell the Truth (1956–68) and Password (1961–67, and a 2008 prime time revival). Two long-running primetime-only games were the panel shows What's My Line? (1950–67) and I've Got a Secret (1952–68, 1976).
In September 1998, CBS began contracting out to other companies to provide programming and material for their Saturday morning schedule. The first of these special blocks was CBS Kidshow, which featured programming from Canada's Nelvana studio. It aired on CBS Saturday mornings from 1998 to 2000, with shows like Anatole, Mythic Warriors, Rescue Heroes, and Flying Rhino Junior High. Its tagline was, "The CBS Kids Show: Get in the Act."
In 2000, CBS's deal with Nelvana ended. They then began a deal with Nickelodeon (owned by CBS's former parent company Viacom, which at one time was a subsidiary of CBS) to air its Nick Jr. programming under the banner Nick Jr. on CBS. as part of a three-year deal which includes distribution of selected Formula One auto races on tape delay. KOL Secret Slumber Party on CBS premiered in September of that year; in the inaugural line-up, two of the programs were new shows, one aired in syndication in 2005 and three were pre-2006 shows. In mid-2007, KOL withdrew sponsorship from CBS's Saturday Morning Block and the name was changed to KEWLopolis on CBS. Complimenting CBS's 2007 line-up was Care Bears, Strawberry Shortcake, and Sushi Pack. On February 24, 2009, it was announced that CBS renewed its contract with Cookie Jar for another three seasons, through 2012. On September 19, 2009, KEWLopolis has been changed into Cookie Jar TV.
All of these animated specials, from 1973 until 1990, began with a fondly remembered opening animated logo which showed the words "A CBS Special Presentation" in colorful lettering. The word "SPECIAL", repeated in multiple colors, slowly zoomed out from the frame in a spinning counterclockwise motion against a black background, and rapidly zoomed back into frame as a single word, in white, at the end; the logo was accompanied by a jazzy yet majestic up-tempo fanfare (believed to be incidental music from the CBS crime drama Hawaii Five-O) with dramatic horns and percussion (this appeared at the beginning of all CBS specials of the period (such as the Miss USA pageants and the annual Kennedy Center Honors presentation), not just animated ones). (This opening logo was presumably designed by, or under the supervision of, longtime CBS creative director Lou Dorfsman, who oversaw print and on-air graphics for CBS for nearly thirty years, replacing William Golden, who died in 1959.)
In December 1977, CBS was the first network to telecast the Baryshnikov staging of The Nutcracker starring the Russian dancer along with Gelsey Kirkland – a version of the famous ballet that would become a television classic, and remains so today. The production later moved to PBS.
In April 1986, CBS presented a slightly abbreviated version of Horowitz in Moscow, a live piano recital by Vladimir Horowitz, arguably the greatest pianist of the 20th century. It marked Horowitz's return to Russia after more than sixty years. The program was shown as an episode of the series CBS News Sunday Morning (9:00 A.M. in the U.S. is 4:00 P.M. in Russia). It was so successful that CBS repeated it a mere two months later by popular demand, this time on videotape, rather than live. In later years, the program was shown as a stand-alone special on PBS, and the current DVD of it omits the Charles Kuralt commentary, but includes additional selections not heard on the CBS telecast.
In 1986, CBS telecast Carnegie Hall: The Grand Reopening in primetime, in what was now a rare move for a commercial network station, since most primetime classical music specials were now relegated to PBS and A&E;. The program was a concert commemorating the re-opening of Carnegie Hall after its complete renovation. It featured, along with luminaries such as Leonard Bernstein, popular music artists such as Frank Sinatra.
In the UK, CBS took over 6 of Chello Zone's channels in 2009. These were the first channels branded CBS outside the US.
In Australia, Network Ten has an output deal with CBS Paramount giving them rights to carry the programs Jericho, Dr. Phil, Late Show with David Letterman, NCIS and Numb3rs as well access to stories from 60 Minutes (the rights of which have been sold to the Nine Network which broadcasts their own 60 Minutes).
In Bermuda, there is a CBS affiliate owned by the state-run Bermuda Broadcasting Company using the callsign ZBM.
In Canada, CBS, like all major American TV networks, is carried in the basic program package of all cable and satellite providers. The broadcast is shown almost exactly the same in Canada as in the United States. However, CBS's programming on Canadian cable and satellite systems are subject to the practice of "simsubbing", in which a signal of a Canadian station is placed over CBS's signal, if the programming at that time is the same. As well, many Canadians live close enough to a major American city to pick up the over the air broadcast signal of an American CBS affiliate with an antenna.
In Hong Kong, The CBS Evening News is aired live in the early morning and the local networks have an agreement to rebroadcast sections 12 hours later to fill up the local news programs when they have insufficient content to report.
The CBS Evening News is seen in the Philippines via satellite on Q-TV (a sister network of broadcaster GMA Network) while The Early Show is shown in that country on the Lifestyle Network. Studio 23 and Maxx, channels owned by broadcaster ABS-CBN in the Philippines show The Late Show with David Letterman.
In India CBS is affiliated with a set of CBS-branded channels, including Prime Big CBS and Love Big CBS.
In 1995, CBS refused to air a segment of 60 Minutes that would have featured an interview with a former president of research and development for Brown & Williamson, the nation's third largest tobacco company. The controversy raised questions about the legal roles in decision making and whether journalistic standards should be compromised despite legal pressures and threats. The decision nevertheless sent shock waves throughout the television industry, the journalism community, and the country. This incident was the basis for the 1999 film by Michael Mann, The Insider.
In 2001, Bernard Goldberg, who was a reporter with CBS for 28 years, had his book, Bias: A CBS Insider Exposes How the Media Distort the News, published. This book heavily criticized the media, and some CBS reporters and news anchors in particular, such as Dan Rather. Goldberg accused CBS of having a liberal bias in most of their news.
In 2004, the FCC imposed a record $550,000 fine on CBS for its broadcast of a Super Bowl half-time show (produced by then sister-unit MTV) in which singer Janet Jackson's breast was briefly exposed. It was the largest fine ever for a violation of federal decency laws. Following the incident CBS apologized to its viewers and denied foreknowledge of the event, which was broadcast live on TV. In 2008, a Philadelphia federal court annulled the fine imposed on CBS, labelling it "arbitrary and capricious".
CBS aired a controversial episode of 60 Minutes, which questioned U.S. President George W. Bush's service in the National Guard. Following allegations of forgery, CBS News admitted that documents used in the story had not been properly authenticated. The following January, CBS fired four people connected to the preparation of the news-segment. Former network news anchor Dan Rather has filed a $70 million lawsuit against CBS, contending the story, and his termination, were mishandled.
In 2006, CBS announced it would air only three of its NFL games per week in high definition. The move created some outrage among fans, with some accusing the network of being "cheap."
In 2007, retired Army Major Gen. John Batiste, consultant to CBS News, appeared in a political ad for VoteVets.org critical of President Bush and the war in Iraq. Two days later, CBS stated that appearing in the ad violated Batiste's contract with them and the agreement was terminated.
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