CBS, privately owned and headquartered in the US, was founded in 1927 and employs approximately 7,880 individuals. The company reported $7.1B in revenue as of 2024. Originally known as the Columbia Broadcasting System, CBS functions as an American commercial broadcast television and radio network, operating as an entertainment provider. It serves as the flagship property of the CBS Entertainment Group division of Paramount Skydance, an entity formed following the 2025 merger of Paramount Global, National Amusements, and Skydance Media. As one of Paramount Skydance's three flagship subsidiaries alongside Paramount Pictures and MTV, CBS's operations fall under the parent company Paramount TV Media and encompass subsidiaries such as CBS Entertainment, CBS Interactive, CBS News, CBS Sports, and CBS Television Stations.

2024 Revenue

Founded

1927

Headcount

7,876

Headquarters

US

Primary Segment

Entertainment Providers

Ownership

Privately Owned
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CBS currently holds broadcasting rights for sports competitions including basketball.

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