CBS SUMMER PRESS TOUR ... CBS NEWS TAKES MOST EMMY NODS - CBS Corporation
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Vol. 19, No. 955, August 9, 2018 Dick Wien, Editor / rwien@cbs.com / 212-975-5607
CBS SUMMER PRESS TOUR ...
CBS NEWS TAKES MOST EMMY NODS
CBS AT TCA 2018 SUMMER PRESS TOUR
“MURPHY BROWN” HOLDS TABLE READ
IN NEW YORK CITY
MURPHY BROWN star Candice Bergen being inter- The table read for the first episode of the series revival
viewed at the TCA Summer Press Tour
MURPHY BROWN took place in New York on Tuesday,
Last Sunday, August 5, CBS hosted hosted its annual July 24. In addition to being the original cast's first table
summer Television Critics Association Press Tour in read in 20 years, it was also the first time the entire cast
Beverly Hills, Calif. The tour was attended by more than saw the recreated sets. To view the table read, go to
200 representatives of the nation’s television, radio and https://tinyurl.com/ycgg5wn3
online media.
CBS’ tour featured panel sessions with the stars and producers of the Network’s new shows, including MURPHY
BROWN from creator Diane English and Candice Bergen and featuring the original cast; MAGNUM P.I., starring
Jay Hernandez; HAPPY TOGETHER, starring Damon Wayan, Jr./Amber Stevens West; Dick Wolf’s FBI lead by
Missy Peregrym, Zeeko Zaki and Ebonée Noel; THE NEIGHBORHOOD, starring Cedric the Entertainer,
Tichina Arnold, Marcel Spears, Sheaun McKinney, Beth Behrs and Max Greenfield, and GOD FRIENDED ME,
featuring Javicia Leslie, Joe Morton, Brandon Micheal Hall, Suraj Sharma and Violett Beane.
1
(Continued on page 2)
(CBS PRESS TOUR, continued from page 1) FIRST LOOK VIDEO OF
“HAPPY TOGETHER” /”THE NEIGHBORHOOD”
COMEDY BLOCK PHOTO SHOOTS
Both Premiere Monday, Oct. 1, 8:00-9:00 PM
Hispanic-American MAGNUM P. I. star Jay Hernandez
being interviewed at the TCA Summer Press Tour
https://cbspressexpress.com/cbs-entertain-
ment/video?watch=7zba1igc6g
At the CBS
press tour, an
update on CBS
All Access was provided by Marc DeBevoise, President
and Chief Operating Officer, CBS Interactive, and Julie
McNamara, Executive Vice President, Original Content.
Said DeBevoise: “Coming up on our fourth birthday,
we’ve effectively built a successful premium network on
top of the #1 broadcast platform. ... We're now effectively
everywhere, every device, every platform, and most
recently on Samsung TVs and as an add-on channel as
part of Amazon Prime.” https://cbspressexpress.com/cbs-entertain-
ment/video?watch=3bug8xsm6e
DeBevoise noted that in its Q2 earnings call last week
CBS revealed a higher target for 2022 of 8 million sub-
scribers. He underscored how CBS All Access is growing
internationally and announced plans to expand the ser-
vice’s live offering with the upcoming launch of ET Live
which will be focused on entertainment news and built
around CBS Television Distribution’s ENTERTAIN-
MENT TONIGHT brand. CBS All Access’ growth strategy
was highlighted by the recently announced move into
24/7 local news with the service’s first hyper-local news
channel, CBSN NY, with additional markets to follow.
(https://www.youtube.com/watch?v=W3c5ZGR4d9c).
DeBevoise and McNamara’s press tour presentation
At the tour, it was announced that CBS All Access’
included a preview of what the service has coming up as
upcoming psychological thriller TELL ME A STORY will
the service rolls from 2018 into 2019.
premiere on Wednesday, Oct. 31. Following the premiere,
new episodes will drop weekly on Thursdays. Also fea-
The next edition of UPDATE will cover the SHOWTIME
tured were sneak peeks of TELL ME A STORY and The CW press tours.
(https://youtu.be/KtCYwUJ6E-I) and the service's
other upcoming new original series ONE DOLLAR 2
CBS CORPORATION REPORTS SECOND QUARTER 2018 RESULTS
On August 2, CBS Corporation reported results for the second quarter of 2018, including record rev-
enues ($3.47 billion, up 6% from the prior year period) and adjusted diluted EPS of $1.12, up 8% from
the prior year period. Said CBS Chairman and CEO Leslie Moonves: “Looking ahead, we are set up
for continued growth in 2018, and we feel more confident than ever that CBS is uniquely positioned to
succeed as a direct-to-consumer global content company.” Moonves also noted: “Our direct-to-consumer platforms, CBS All
Access and Showtime OTT, are greatly exceeding our expectations. Our goal was to have 8 million subscribers combined by
2020, and we are now on track to hit that number in 2019. For that reason, and based on our trajectory of growth in these
services, we now predict that CBS All Access and Showtime OTT will have 16 million domestic subscribers by 2022.” For the
full second quarter earnings release, go to https://bit.ly/2O8R60P
Selected Commentary on Q2 Results
Analysts:
! “Fundamental Story Remains Compelling. ... Overall, most analysts believe that CBS is well-positioned to compete in an
evolving content world with strong fundamentals and healthy earnings growth.” -- Deutsche Bank
! “It's All About The Numbers - And They Were Good!” -- Wells Fargo
! “Solid Performance Continues” -- Jefferies
! “Strong OTT Guidance Highlights Solid Q2” -- Cowen
! “CBS Q2 Earnings and Revenues Beat Estimates, Increase Y/Y” -- Nasdaq
Press
! “CBS Edges Wall Street’s Q2 Forecasts As Business Continues To Hit Marks” -- Dateline Hollywood
! “CBS beats Wall Street estimate for quarterly revenue” -- Reuters
! “CBS Posts Higher Profit, Revenue” -- Wall Street Journal
MORE TELEVISION NEWS miere in several European countries as well as Australia
... Having seen the reaction of audiences ‘across the
! CBS has secured the pond’ and around the world to this most recent season,
U.S. format rights for the we expect American viewers will be captivated by this
smash U.K. and interna- engaging format.” For more information, go to
tional reality series “Love http://bit.ly/2M1SPbr
Island” from ITV Studios
and Motion Content ! CBS News has earned 31
Group, with the new series to be produced by ITV News & Documentary Emmy
Entertainment. “Love Island” sees a group of single Award nominations, more than
“Islanders” come together in a stunning villa in a beautiful any other news organization. 60
tropical location. On the lookout for romance, they must MINUTES led all programs with 24 nods, while CBS
not only choose their partner wisely, but also win the THIS MORNING was the only broadcast network morn-
hearts of the public. Challenges and dramatic twists ing show nominated. The CBS EVENING NEWS and
abound as the Islanders form alliances, while relation- CBS THIS MORNING shared two nominations; sepa-
ships are made in an effort to win the ultimate prize. rately, CBS THIS MORNING received two nods, and
Viewers have the opportunity to shape events on screen the CBS EVENING NEWS received one. CBS SUNDAY
as they watch the relationships develop and ultimately MORNING took two nominations. The awards will be
crown one lucky couple as the winners who walk away presented at a ceremony Monday, Oct. 1, in New York
with a cash prize. Notes Sharon Vuong, Senior Vice City. For more information, go to http://bit.ly/2mITwaq
President, Alternative Programming for the CBS
Television Network: “‘Love Island’ has been a massive (Continued on page 4)
success overseas. It’s currently seen, or about to pre- 3
(MORE TELEVISION NEWS, continued from page 3)
model to MVPDs in 2017, and has already
launched 4K content with Layer3 TV/T-Mobile,
! CBS Sports’ upcom-
Altice USA and DISH network. Smithsonian
ing coverage of the land-
Channel’s 4K On Demand Model offers 10 hours of
mark 100th PGA Championship (August 11-12) will
4K Ultra HD content, with a 20% refresh rate per
once again feature cutting-edge technical enhance-
quarter.
ments and innovations, including 4D Replay, which will
be used for the first time in the U.S. for a golf broad-
cast. In addition, for the first time at a PGA event CBS
PUBLISHING
will utilize Hawk-Eye Green Technology, giving viewers
a unique perspective on the putting line as well as the ! On Sept. 11, Simon & Schuster
undulations of the green. Plus, a Rover Cam will give will publish FEAR: Trump in the
viewers a virtual ride across the Bellerive Country Club White House by Pulitzer Prize-win-
course. This year marks the 28th consecutive year and ning journalist and bestselling author
35th overall that CBS Sports has aired the PGA Bob Woodward. “FEAR is the most
Championship. For details, go to https://tinyurl.com/ acute and penetrating portrait of a
y7b6e6o7 sitting president ever published during the first
years of an administration,” said Jonathan Karp,
! KCNC-TV Denver has been hon- President and Publisher of Simon & Schuster. “This
ored with four major NATAS Hearland is the inside story on President Trump as only
Emmy awards, including the most Bob Woodward can tell it.” Drawing from hundreds
prestigious award, Overall Excellence. of hours of interviews with firsthand sources, con-
The Emmy Award for Overall Excellence recognizes temporaneous meeting notes, files, documents and
the outstanding work of the entire television station personal diaries, FEAR brings to light the explosive
including News, Sports, Promotion, Commercial debates that drive decision-making in the Oval
Production, Community Affairs, Special Programming, Office, the Situation Room, Air Force One and the
and Engineering. In addition to Overall Excellence, White House residence. FEAR is Woodward’s 19th
CBS4 was recognized for Breaking News (Eddie book with Simon & Schuster, beginning with All the
Castro, Jamie Leary, Tori Mason), Continuing President’s Men in 1974. Each of the previous 18
Coverage (Mark Ackerman, Kevin Hartfield, Brian books he authored or co-authored has been a
Maass) and Best Director (Collette Calvert). national nonfiction bestseller. Twelve of those have
been #1 national bestsellers.
! Smithsonian Channel #####
officially launched its 4K On
Demand Model with UPDATE is published by CBS Communications Group.
DirecTV. The channel was Gil Schwartz, Senior Executive Vice President
the first linear U.S. network to offer a 4K On Demand Richard Wien, Editor, x5607 (NY)
CAUTIONARY STATEMENTS REGARDING
FORWARD-LOOKING STATEMENTS
This newsletter may include "forward-looking statements" within the meaning of section 27A of the
Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Forward-looking state-
ments inherently involve risks and uncertainties that could cause actual factual results to differ materi-
ally from the forward-looking statements, including those due to changes in economic, business, com-
petitive, technological, strategic and/or regulatory factors, and other factors affecting the operations of
the businesses of the CBS Corporation. CBS Corporation's news releases and filings with the Securities
and Exchange Commission including but not limited to its most recent Form 10-K, Form 10-Qs and 8-
Ks, contain a description of factors that could affect future results. The forward-looking statements are
made only as of the date of this document and we do not undertake to update any forward-looking
statements to reflect subsequent events or circumstances. For more information about CBS 4
Corporation, see the Company's news releases and filings with the Securities and Exchange
Commission which can be found on the CBS Corporation website, www.cbscorporation.com, in the
"News" and "Investor Relations" sections, respectively.
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