CBS Sets Up Local Broadcasting Division

Unit combines radio and television
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NEW YORK: CBS revamped its local broadcast operations this week, appointing a new management team to the unit that combines TV and radio stations.
Anton Guitano will head the new CBS Local Media group. He was previously chief financial officer and senior executive vice president of operations for the radio division. He’ll report to CBS chief Les Moonves, as well as radio CEO Dan Mason and Peter Dunn, recently named head of the TV stations. In his new role Guitano will oversee broadcasting financial and strategic operations, including local news and Internet properties in CBS markets.

CBS reported a 9 percent increase in 3Q television revenues this month--$2.27 billion compared to $2.8 billion a year ago. The sum includes the TV stations, the CBS network and the company’s syndication operations.

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