CBS Chief Moonves Expects Continued Increases in Local Advertising Sales

CBS Corp. Chief Executive Officer Leslie Moonves said he expects local advertising revenue gains in the first quarter to equal gains the company posted in the third and fourth quarters.

Moonves spoke today at the UBS Global Media and Communications Conference in New York.

To contact the reporter on this story: Sarah Rabil in New York at srabil@bloomberg.net

To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net

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