CBS Management Discusses Q2 2013 Results - Earnings Call Transcript

Jul. 31, 2013 8:30 PM ETParamount Global (PARA)
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CBS (CBS) Q2 2013 Earnings Call July 31, 2013 4:30 PM ET

Executives

Adam Townsend - Executive Vice President of Investor Relations

Sumner M. Redstone - Founder and Executive Chairman

Leslie Moonves - Chief Executive Officer and Director

Joseph R. Ianniello - Former Senior Vice President of Finance and Treasurer

Analysts

David Bank - RBC Capital Markets, LLC, Research Division

Jessica Reif Cohen - BofA Merrill Lynch, Research Division

Benjamin Swinburne - Morgan Stanley, Research Division

Michael C. Morris - Davenport & Company, LLC, Research Division

Anthony J. DiClemente - Barclays Capital, Research Division

Meghan Durkin - Deutsche Bank AG, Research Division

Alexia S. Quadrani - JP Morgan Chase & Co, Research Division

John Janedis - UBS Investment Bank, Research Division

Laura A. Martin - Needham & Company, LLC, Research Division

Tim Nollen - Macquarie Research

Alan S. Gould - Evercore Partners Inc., Research Division

William G. Bird - Lazard Capital Markets LLC, Research Division

James C. Goss - Barrington Research Associates, Inc., Research Division

Marci Ryvicker - Wells Fargo Securities, LLC, Research Division

Operator

Good day, everyone, and welcome to the CBS Corporation Second Quarter 2013 Earnings Release Teleconference. Today's call is being recorded. At this time, I'd like to turn the call over to the Executive Vice President of Investor Relations, Mr. Adam Townsend. Please go ahead.

Adam Townsend

Good afternoon, everyone, and welcome to our second quarter 2013 earnings call. Joining me for today's discussion are Sumner Redstone, our Executive Chairman; Leslie Moonves, President and CEO; and Joe Ianniello, Chief Operating Officer.

Sumner will have opening remarks and we'll turn the call over to Les and Joe, who will then discuss the strategic and financial results. We will then open the call up to questions.

Please note that statements on this conference call relating to matters which

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