CBS News Radio to shut down after nearly a century of broadcasting [CBS News]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: CBS News
The company cited "challenging economic realities" and a shift in radio programming strategies as reasons behind the decision. About 700 affiliated stations nationwide carry CBS News Radio programming, which will end on May 22. All jobs on the radio team will be eliminated, the company said. "We understand how difficult this news is for our staff and their colleagues, who have worked side by side with us to cover some of the most significant stories of our time," CBS News President Tom Cibrowski and Editor-in-Chief Bari Weiss said in a statement. They also paid tribute to the historic role of CBS News Radio in covering major events worldwide since the dawn of the broadcasting era. "For nearly 100 years, CBS News Radio has delivered original reporting to the nation — from Edward R. Murrow's World War II reports in London to today's daily White House updates," they said. "Our signature broadcast, 'World News Roundup,' remains the longest-running newscast in the country. CBS News
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PSKY
Earnings
- 2/25/26 - Miss
PSKY
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- PSKY's page on the SEC website