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CBS Stock: Best Major Media Investment

  • Bloomberg, Thursday, September 12, 2013 4:10 PM
Investing in CBS is the best major media stock buy you can make,  according to the analysis of this Bloomberg post. Why is the channel doing so well? Not only is CBS  "the most-watched TV network in the U.S.," its digital and transmission fee strategies have paid off.  "Large audiences for 'NCIS,' 'The Big Bang Theory,' and National Football League games have given New York-based CBS the clout, like ESPN and Fox News, to demand higher fees from pay-TV services such as Time Warner Cable while allowing the company to sell digital rights to distributors including Amazon.com Inc."

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