How the two opposing news companies stack up

CBS Earnings in 1984: $212.4 million on revenue of $4.9 billion. Earnings in first-quarter '85: $16.7 million on revenue of $1.12 billion.

Broadcasting accounted for 55 of the 1984 gross receipts; its records business contributed 27 percent; publishing, 13 percent.

Its broadcast holdings include the CBS television network, two radio networks, five television stations and 13 radio stations.

Employees: 30,000. Turner Broadcasting

Earnings in 1984: $10 million on revenue of $281.7 million.

Major revenue producer: TV station WTBS and a syndication arm accounted for about 60 percent of '85 revenue.

Cable News Network, CNN Headline News, and Cable News Network Radio accounted for 30 percent of revenues; sports enterprises, including Atlanta Braves baseball team and Atlanta Hawks basketball team, about 10 percent.

Employees: about 1,800.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK