Stern's exit a black Eye

Goldsmith, Jill
April 2006
Daily Variety;4/27/2006, Vol. 291 Issue 18, p1
Trade Publication
The article reports that the two major factors for the decline in CBS Inc.'s radio revenues for the first quarter of 2006 were Howard Stern's transfer to Sirius and a weak radio advertising market. CBS will sue Stern for promoting Sirius on his CBS show without permission. CBS head Leslie Moonves predicted strong stock performance for CBS Corp.'s television operations.


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