CBS Q3 Revenue Rises 3% on Affiliate Fees, Showtime Boxing
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CBS Corp. said third quarter profit rose despite dips in revenue at its flagship TV operations as higher retransmission and affiliate fees and a surge of interest in a Floyd Mayweather boxing match distributed via Showtime helped buoy results. The company’s net income from continuing operations fell to $418 million, or $1.03 per share, in […]