CBS News won't celebrate the 100th anniversary of Edward R. Murrow's radio network. It will cancel it instead [Fortune]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: Fortune
Recommended Video When it went on the air in September 1927, the service was the precursor to the entire network, giving a youthful William S. Paley a start in the business. Famed broadcaster Edward R. Murrow's rooftop reports during the Nazi bombing of London during World War II kept Americans listening anxiously. Today, CBS News Radio provides material to an estimated 700 stations across the country and is known best for its top-of-the-hour news roundups. The service will end on May 22, the network said Friday. “Radio is woven into the fabric of CBS News and that's always going to be part of our history,” CBS News editor-in-chief Bari Weiss said in delivering the news to the staff. “I want you to know that we did everything we could, including before I joined the company, to try and find a viable solution to sustain the radio operation.” But with the radical changes in the media industry, “we just could not find a way to make that possible,” she said. Not the first radio
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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