CBS Corporation operates in the Television broadcasting stations sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CBS with three other
companies in this sector in the United States:
sales of $4.05 billion
of which 71%
was Intergrated Television Operations - Ital),
Sinclair Broadcast Group, Inc.
of which 92%
was Broadcast), and
of which 100%
was Television Services).
CBS reported sales of $13.17 billion
December of 2016.
decrease of 5.2%
versus 2015, when the company's sales were $13.89 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, CBS had sales
of $14.25 billion.
Contributing to the drop in overall sales was the 31.8% decline
in Local Broadcasting, from $2.61 billion to $1.78 billion.
There were also decreases in sales in
Cable Networks (down 3.7% to $2.16 billion)
Parks/publishing (down 1.7% to $767.00 million)
However, these declines were partially offset by the increase in sales of
Entertainment (up 5.2% to $8.88 billion)