Last updated
    CBS
    media industry

    CBS

    United States flagUnited States

    "America's Most Watched Network"

    Founded 1927-09-18 CBS Building, New York City
    Community

    About

    CBS started in 1927 as United Independent Broadcasters, Inc., a radio network founded by Arthur Judson, an impresario who managed the Philadelphia and New York Philharmonic orchestras. Judson had first pitched the idea of broadcasting classical music to NBC, but they turned him down. So he built his own network, which soon became the Columbia Broadcasting System. The network's early years were marked by a notorious moment on October 30, 1938, when Orson Welles' The Mercury Theatre on the Air aired a fictional news-style adaptation of H.G. Wells' "The War of the Worlds." Despite three disclaimers during the broadcast, the show caused widespread panic among listeners who believed Martians had actually landed in New Jersey. The incident later led the FCC to ban faux news bulletins within dramatic programming.

    Over the decades, CBS built a reputation for quality that earned it the nickname the "Tiffany Network." That reputation was shaped in large part by its influential longtime chairman, William S. Paley, who took over the struggling network in 1928 and transformed it into a broadcasting powerhouse. Under Paley, CBS pioneered broadcast journalism with figures like Edward R. Murrow, launched iconic entertainment programs, and established itself as one of America's "Big Three" television networks alongside NBC and ABC. The network's iconic eye logo, introduced in 1951, became one of the most recognizable symbols in media, giving rise to the nickname "Eye Network."

    CBS has been home to some of the most enduring shows in television history. On the entertainment side, hits like Survivor, 60 Minutes, Everybody Loves Raymond, and Murphy Brown have drawn massive audiences. During the late 1990s, the network reversed a ratings decline and climbed back to become the nation's top network. Controversy sometimes worked in CBS's favor: when Vice President Dan Quayle criticized Murphy Brown for "irresponsibly celebrating unwed mothers," CBS executives saw the political storm as a boost to viewership and advertiser interest. The network also expanded beyond broadcasting, acquiring Columbia Records in 1938 and launching CBS Records International in 1962, though the record division was sold to Sony in 1987.

    Today, CBS operates as a flagship property of Paramount Global (formerly ViacomCBS), which was formed through a series of mergers and acquisitions. The network is headquartered in New York City's CBS Building, with major production facilities in Los Angeles. It reaches viewers across the country through more than 200 affiliate stations, including 20 owned by its parent company. Like all traditional broadcasters, CBS has faced the rise of cable and streaming, but it remains a central institution in American media, still drawing millions of viewers each week with its mix of news, sports, and entertainment programming.

    Products & Sub-brands

    Television programmingNews programmingSports coverageRadio networkStreaming content

    Frequently Asked Questions

    Who owns CBS?
    CBS is owned by Paramount Global, the multinational media conglomerate formed in 2022 from the merger of Viacom and CBS Corporation. The network was originally acquired by Viacom in 2000 and later merged with CBS Corporation before the two companies recombined.
    Who is the CEO of CBS?
    As of recent years, George Cheeks has served as President and CEO of CBS, reporting to the leadership of Paramount Global. The network operates under the corporate umbrella of its parent company.
    How much is CBS worth?
    CBS's brand value is embedded within Paramount Global's overall valuation, which is estimated in the billions of dollars. As one of America's Big Three networks, CBS represents a significant portion of its parent company's media portfolio.
    CBS vs NBC: Which is better?
    Both networks are part of the Big Three and compete closely in ratings. CBS has historically led in total viewers with hits like Survivor and NCIS, while NBC has strengths in live events and late-night programming. Which is better depends on personal preference for programming.
    Is CBS still in business?
    Yes, CBS remains fully operational as one of America's major broadcast television networks. It reaches millions of viewers through owned stations and affiliates across the country under Paramount Global.

    Keywords

    CBStelevision networkbroadcastingEye NetworkTiffany NetworkColumbia Broadcasting SystemParamount GlobalSurvivor60 MinutesNCISArthur Judson

    Sources

    Company Info

    Founded
    1927-09-18
    Founder
    Arthur Judson
    Headquarters
    CBS Building, New York City
    Industry
    media industry
    Parent Company
    Paramount Global
    Nicknames
    Eye Network, Tiffany Network

    Official Website

    cbs.com

    Join the community

    fans discussing