You will be redirected back to your article in seconds

CBS’ Tisch crows, calls for b’cast deregulation

CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.”

He added that CBS is now on target to improve its full-year 1993 operating results over both last year’s result of $ 10.51 per share, and 1989’s record level of $ 11.54 per share from continuing operations.

Tisch used his address to trumpet the programming victories that made CBS No. 1 in prime time, daytime and sports. Longer term, Tisch said expanded production and ownership of programming is key to the company’s growth.

The CBS topper emphasized the need for more regulatory reform. “In 1992, free television made some tentative headway in the area of regulatory reform,” Tisch said. “Deregulation of broadcasting is absolutely necessary for the long-term vitality of free television, particularly with the advent of 500-channel systems operated by well-endowed cable and telephone companies.”

More TV

  • kristin chenoweth

    Kristin Chenoweth to Star in 'Trial and Error' Season 2 at NBC

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

  • Peak TV Saturation TV Placeholder

    HBO, CW, Sundance Execs Offer Advice on Breaking into TV for Young Writers

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

  • 'Sense8' Star Takes Lead Role in

    'Sense8' Star Brian J. Smith Takes Lead Role in 'LA Confidential' Pilot at CBS

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

  • CNN Gun Control Town Hall

    CNN Town Hall Tackles Tough Gun Control Issues, but Blind Spots Persist

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

  • Bellamy Young

    'Scandal' Star Bellamy Young Lands Lead Role in ABC Drama Pilot 'False Profits'

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

  • Peter Micelli eOne

    CAA's Peter Micelli Joins Entertainment One as Chief Strategy Officer (EXCLUSIVE)

    CBS Inc. chairman Laurence Tisch, speaking at the company’s annual meeting here, said, “CBS has just begun to capitalize both on its status as the nation’s top-rated television programmer and on its efforts to carefully contain costs.” He added that CBS is now on target to improve its full-year 1993 operating results over both last […]

More From Our Brands

Access exclusive content