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$CBS CEO Leslie Moonves stated that advertising grew 31% overall and 49% at the CBS Television Network. The company's high-margin, non-advertising revenue streams are rising, led by retransmission consent fees and reverse compensation, which are expected to surpass $1Bil this year.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.