A Closer Look At CBS' Q4 And 2018 Outlook - News Summed Up

A Closer Look At CBS' Q4 And 2018 Outlook


We have created an Interactive Dashboard which outlines our forecasts for the company and our expectations for its full-year 2018 results. Key TakeawaysIn Q4, CBS’ total advertising revenue fell around 3% y-o-y primarily due to a difficult comparison to the prior year’s political spending. The company’s overall revenue increased 11% year-over-year (y-o-y) to $3.9 billion, primarily due to growth in all segments except Local Media. Cable Networks Revenue Growth Continues In Q4At the Cable Networks segment, the company’s revenue in the fourth quarter grew 9% y-o-y to $547 million. This increase was driven by growth at Showtime OTT as well as international licensing of Showtime original series.


Source: Forbes February 16, 2018 20:34 UTC



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