More on CBS' Q4: Like Disney, CBS' results were hurt by weakness in its broadcasting division -...

|About: CBS Corporation (CBS)|By:, SA News Editor

More on CBS' Q4: Like Disney, CBS' results were hurt by weakness in its broadcasting division - sales fell 12% Y/Y, worse than Q3's 3% drop. Cable Networks sales rose 7%, thanks to higher rates and subscriptions for Showtime and CBS Sports. The Entertainment (CBS shows and films) and Publishing divisions saw their sales fall 1%. $170M worth of shares were repurchased. CBS -2.8% AH. (PR)