CBS Corp (NYSE:CBS)

CBS Corp. operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. The company operates through five segments: Entertainment, Cable Networks, Publishing, Local Broadcasting and Outdoor Americas. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Global Distribution Group, CBS Films and CBS Interactive. The Cable Networks segment is composed of Showtime Networks, CBS Sports Network and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner and Free Press. The Local Broadcasting segment is composed of CBS Television Stations and CBS Radio, through which the company owns and operates radio stations in various United States markets. The Outdoor Americas segment provides space for advertisers on various structures in North America and South America, including billboards, transit shelters and benches, buses, rail systems, mall kiosks, stadium signage, and in retail stores principally through CBS Outdoor. CBS was founded by Sumner Murray Redstone on December 31, 2005 and is headquartered in New York, NY.