
“[CBS] reported a loss of $12.46 billion, or $18.58 per share, compared with a profit of $343.3 million, or 48 cents per share, a year ago.”

“[CBS] reported a loss of $12.46 billion, or $18.58 per share, compared with a profit of $343.3 million, or 48 cents per share, a year ago.”
Tanking.
It’s the Fairness Doctrine karma come early.
And we continue to have to pay for the CBC as if nothing is happening to the old media’s audiences.
SPIT!!
In the middle of a hotly contested election…
Wow . . . the Katie Couric effect as measured in dollars rather than estimated by her stupidity.
Faster please.
They’d rather destroy themselves than report the truth about Obama ( is/was a marxist, is friends with Jew hater Khalidi, white hater Wright and terrorist Bill Ayers, is behind the largest voter fraud in US history that is ACORN, and biggest donor fraud in US history with their AVS off to accept illegal donations and much more…).
***shaking head in disbelief***
GOOD POINT FRED.
They will not be missed.
Here is more good news about the parent company of our local rag: http://biz.yahoo.com/ap/081030/lee_enterprises_debt.html?.v=2. If you haven’t already done it, call up and cancel a newspaper or magazine subscription. It feels good.
I blanked their channel after Dan’s little attempt to subvert the Bush reelection and never watched any of their syndicated stuff elsewhere as a matter of principle, but I never meant to…… ………………………….., oh well.
This is a case of death with no dignity.
CBS said earlier this month that it would record the charge to reflect a decreased book value for its radio and TV stations
Apart from that, they are valuable????
This may have something to do with the switch to digital TV. The old analog TV spectrum is now “worthless”.
heh!