CBS, AXS TV IN MULTI-YEAR CONTENT PACT, NO TERMS

     (The following press release from CBS Commnications was received by 
e-mail. The sender verified the statement.) 
CBS AND AXS TV PARTNER TO ENHANCE LEADING LIVE EVENTS NETWORK
DEDICATED TO LIVE MUSIC AND POP CULTURE 
February 14, 2013 (LOS ANGELES) - CBS Corporation announced today that it has 
partnered with AXS TV, the leading television network dedicated to broadcasting 
live events from the worlds of music and pop culture. Launched in July 2012, 
AXS TV is a joint venture among Mark Cuban Companies, AEG, Creative Artists 
Agency (CAA) and Ryan Seacrest Media, and currently has 38 million subscribers 
to the service.  Originally available in high definition, AXS TV is now also 
available in a standard definition format. 
The announcement was made by Leslie Moonves, President and CEO of CBS 
Corporation, Tim Leiweke President and CEO of AEG, and Mark Cuban, who will 
continue to lead the network in his current role as President and CEO of AXS 
TV. Terms of the transaction are not being disclosed. 
The multi-year commitment from CBS provides for promotion and access to content 
and shoulder programming opportunities, in addition to strategic support. 
"CBS is happy to provide AXS TV with live event content as the basis of this 
partnership," said Moonves. "This is an innovative way to use our tentpole 
programming to gain more ownership in the cable network business.  AXS TV will 
now serve as a terrific complement to our existing broadcast television 
entertainment programming." 
"CBS brings the industry's best and most respected resources and experience to 
AXS TV which will accelerate our growth and realization of our vision that, 
'The future of TV is TV,'" commented Cuban. 
"It was amazing to see the transformation from HDNet to AXS TV, and now this 
new partnership with CBS will create a new kind of live entertainment 
experience for fans," said Leiweke.  "We share Mark's vision of bringing 
together the best minds and the best companies in the entertainment space.  
Nobody does it better than CBS and Les Moonves and I consider him the finest at 
what he does.  Add the power of CBS to 'the Shark' - Mark Cuban - and then 
combine this with AEG and our other partners, and I believe this is not just 
'must see TV,' it's 'can't miss TV'," Leiweke added. 
About AXS TV
Launched in July 2012 under the vision and stewardship of entrepreneur Mark 
Cuban, AXS TV is the premier destination for live events, breaking news, and 
as-they-are-happening trends in the worlds of pop culture, music, fashion, and 
entertainment. 
AXS TV Concerts is the premier source on television for 100% live music.  From 
multi-day festivals to stadium tours to club acts, AXS TV delivers an 
unparalleled shared experience for fans of all genres. Leveraging the network's 
vast landscape, artists expand their reach to live behind-the-scenes moments, 
live fan Q&As, social media engagement and more unique opportunities 
specifically for the AXS TV audience. With multiple live concerts weekly, AXS 
TV is the number one destination for artists and their fans to experience and 
share a pure live event in the world of music and pop culture. Live LIVE! 
With production facilities at AEG's owned and operated L.A. LIVE (which 
includes venues such as STAPLES Center, Nokia Theatre L.A. LIVE, Club Nokia and 
The GRAMMY Museum's Clive Davis Theater), as well as their access to their 
worldwide network of the busiest venues of all sizes, AXS TV has the inside 
track to programming that connects audiences with the complete live experience. 
From show creation and development to rehearsals, sound-check and performance 
and right thru the after-party, AXS TV viewers get an immersive look into their 
favorite acts touring today from across the globe. 
The largest independently owned and operated network, AXS TV was developed by 
entrepreneur Mark Cuban and General Manager Philip Garvin.  The network 
partners include Mark Cuban, AEG, Ryan Seacrest Media and Creative Artists 
Agency (CAA). For more information, go to www.axs.tv<http://www.axs.tv/>. 
About CBS Corporation
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and 
distributes industry-leading content across a variety of platforms to audiences 
around the world. The Company has businesses with origins that date back to the 
dawn of the broadcasting age as well as new ventures that operate on the 
leading edge of media. CBS owns the most-watched television network in the U.S. 
and one of the world's largest libraries of entertainment content, making its 
brand - "the Eye" - one of the most recognized in business. The Company's 
operations span virtually every field of media and entertainment, including 
cable, publishing, radio, local TV, film, outdoor advertising, and interactive 
and socially responsible media. CBS's businesses include CBS Television 
Network, The CW (a joint venture between CBS Corporation and Warner Bros. 
Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, 
Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS 
Television Studios, CBS Global Distribution Group, CBS Interactive, CBS 
Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more 
information, go to www.cbscorporation.com<http://www.cbscorporation.com/>. 
About AEG:
AEG is one of the leading sports and entertainment presenters in the world. 
AEG, a wholly owned subsidiary of the Anschutz Company, owns or is affiliated 
with a collection of companies including over 100 of the world's preeminent 
facilities such as STAPLES Center (Los Angeles, CA), The Home Depot Center 
(Carson, CA), Best Buy Theater (Times Square, New York), Sprint Center, (Kansas 
City), Rose Garden Arena (Portland, OR), Target Center (Minneapolis, MN), 
Mercedes-Benz Arena (Shanghai, China), MasterCard Center (Beijing, China), O2 
World Hamburg, Allphones Arena (Sydney, Australia), Ericsson Globe arena 
(Stockholm, Sweden), O2 World arena (Berlin, Germany) and The O2 arena and 
entertainment district (London, England) which are all part of the portfolio of 
AEG Facilities. Developed by AEG, L.A. LIVE is a 4 million square foot / $2.5 
billion downtown Los Angeles sports, residential & entertainment district 
featuring Nokia Theatre L.A. LIVE and Club Nokia, a 54-story, 1001-room 
convention "headquarters" destination along with entertainment, restaurant and 
office space that "officially" opened in 2010.In addition to overseeing 
privately held management shares of the Los Angeles Lakers (NBA), assets of AEG 
Sports include franchises and properties such as the 2012 Stanley Cup Champion 
LA Kings (NHL), Two-time defending MLS Cup Champion LA Galaxy and Houston 
Dynamo (MLS), two hockey franchises in Europe, the Amgen Tour of California 
cycling race and Bay to Breakers foot race. AEG Live, the company's 
live-entertainment division, is the world's second largest concert promotion 
and touring companies and is comprised of touring, festival, exhibition, 
broadcast, merchandise and special event divisions with fifteen regional 
offices. AEG Global Partnerships, a division responsible for worldwide sales 
and servicing of sponsorships naming rights and other strategic partnerships 
and AEG Merchandising, a multi-faceted merchandising company are also core 
business units of AEG. In 2010, AEG launched its AEG 1EARTH environmental 
program with the announcement of 2020 environmental goals and the release of 
the industry's first sustainability report while in 2011, AEG introduced axs 
Ticketing, the first phase of its new entertainment platform serving as the 
company's primary consumer brand which will also features a mobile service as 
well as a video content service now in development. For additional information, 
visit www.aegworldwide.com<http://www.aegworldwide.com>. 
CONTACTS:
CBS: Dana McClintock dlmcclintock@cbs.com<mailto:dlmcclintock@cbs.com            
(212) 975-1077
AXS TV / AEG: Michael Roth mroth@aegworldwide.com mailto:mroth@aegworldwide.com 
(213) 742-7155 
(rml) NY
 
 
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