51 W. 52nd St. New York NY USA
Public (NYSE: CBS, NYSE: CBSA)
CBS Corporation (NYSE: CBS) is a media conglomerate focused largely on the United States market, specifically broadcasting, publishing, billboards, and television production. The President and CEO of the company is Leslie Moonves. Sumner Redstone, whose company National Amusements is CBS's majority shareholder, serves as Chairman. The company split from Viacom and officially became its own publicly traded corporation on December 31, 2005
 Political Influence
- US: The Media Lobby: "According to the Center for Responsive Politics, in 2000 alone, the parent companies of the big five television and cable broadcasters (ABC, CBS, NBC, CNN and Fox) spent close to $27 million on lobbying firms. And that excludes the National Association of Broadcasters (NAB) which spent $5.7 million the same year. According to the Center for Public Integrity, from 1998 until 2003, when the Federal Communications Commission considered another round of "relaxing" ownership regulations, "the lobbying expenditures by the broadcast industry ha(d) risen 74 percent."
- Media Money: Media corporations give millions, receive billions: "Continuing a twenty-year trend that has seen advertising expenses skyrocket as traditional political party organizing has fallen by the wayside, the total for political ads this election year is estimated by most industry analysts at over $1.5 billion, $400 million of which will be spent by the presidential campaigns. Over the last 24 years, broadcast TV advertising alone has increased from $90 million to over a $1 billion." 
 Business Ethics
- US: Broadcasters Agree to Fine Over Payoffs: "Under a tentative settlement with the Federal Communications Commission, four of the largest radio station owners have agreed to pay a total of $12.5 million to resolve claims that they accepted cash and other incentives in exchange for playing songs — a practice popularly known as payola." 
- Media Diversity at Risk: "On June 2, the Federal Communications Commission (FCC) will vote on proposed changes to longstanding government rules on media ownership. It is widely believed that FCC chairman Michael Powell, and the two other Republican commissioners on the five-member Commission, will vote in favor of loosening government rules which limit the size and reach of the nation's largest broadcasting, newspaper and cable companies."