
CBS is a merchant broadcast program network based in America. Its network is based at the CBS building in New York, while its broadcast area is in the United States.
CBS was initially an abbreviation of Columbia Broadcasting System. Summer Redstone managed the corporation through National Amusements. CBS ran the CBS radio till 2017 and sold the radio division to Entercom.
The shareholders own a 72% stake but don't own any radio stations directly but still broadcast news through its affiliates. CBS was ranked 197th on 2018 fortune 500 of the most prominent American corporations by revenue.
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