CBS News is a privately owned company, a division of CBS, headquartered in the US. Founded in 1927, the company employs approximately 2,580 individuals and reported $2.3B in revenue as of 2024. Functioning as a tier 1 media tech buyer, its main product is broadcast television and radio. The company operates as the news and information division of CBS Corporation, providing news and information for the CBS Television Network, CBSN, CBSNews.com, CBS News Radio, and CBS Mobile.
On March 21, 2026, CBS News confirmed it would shut down its radio news service after nearly a century, citing challenging economic times and the industry's shift to digital sources and podcasts. This followed an earlier announcement the same day, when executives informed employees in a memo that the network planned to cut 6% of its workforce and shutter CBS News Radio. The memo outlined these changes as part of restructuring plans under editor-in-chief Bari Weiss and president Tom Cibrowski. Earlier on March 21, reports indicated that CBS News would end its long-running radio news service, which had operated for nearly 100 years as a broadcast institution.
CBS News offers 17 products in the media and telecoms services industry. CBS News's product portfolio comprises of media and TV services, content rights and broadcast television and radio.
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CBS News's revenues were over $1B in 2024. Caretta Research has split CBS News's revenue into 5 different product categories, the largest of which is thematic channel advertising. For full access to CBS News's revenue breakdown subscribe to Caretta Portal.
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