Radio pr: January 2009

Saturday, January 31, 2009

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Football Fans and Advertisers Flock to Radio for Sunday's Game

NEW YORK, Jan 30 /PRNewswire/ -- With more than 400 sports radio broadcasters converging on "radio row" in Tampa this year including Marv Albert, Mike Francesa, Boomer Esiason, Mike Greenberg, Mike Golic and Chris Myers, radio is rallying those football fans who enjoy listening before, after and even while they watch.

With television spots for Sunday's game costing an estimated $3 million each, many advertisers utilize radio campaigns to connect with consumers, considering that more radio listeners prefer football to other sports. According to a survey commissioned earlier this year by industry group Radio Heard Here, and conducted by IPSOS Public Affairs, a third of those who like listening to sports on the radio, prefer football over basketball, baseball, soccer, motor sports, hockey and golf.

Westwood One, which has been airing the game since 1967, has more than 625 affiliates covering this year's game.

According to Inside Radio, Westwood One's VP Peter Sessa says, "The Super Bowl is the most sought after and revered real estate in advertising. We are thrilled to offer this highly valued property to our advertisers like Volkswagen and Subway."

ESPN Radio is planning extensive coverage this weekend with their flagship programs "Mike & Mike in the Morning," "Tirico & Van Pelt," and "The Herd" on-site in Tampa and broadcasting through Sunday. Utilizing their web and cable television properties, ESPN Radio is offering multi-platform campaign opportunities to their advertising partners including DiGiorno, Dial For Men, Sprint/Nextel and Tabasco.

The Fox Sports Radio Network has the game covered with the introduction of its all new line-up featuring their programs "Out of Bounds on Fox with Craig Shemon & James Washington," and "Fox Super Saturday Warm-Up with Steve Duemig."

About Radio Heard Here

Radio Heard Here, a coalition of the National Association of Broadcasters, the Radio Advertising Bureau and the HD Digital Radio Alliance, representing commercial radio stations across America, is a far-reaching, multiyear initiative designed to reignite the public's passion for radio. Despite the arrival of new communications and entertainment devices within the past 20 years or so, radio has maintained its integral and near-ubiquitous presence in American life. For more information, log on to www.radioheardhere.com.

Metacritic Announces Top Metascores(R) for Movies Opening this Week

Highly Anticipated "Medicine for Melancholy" Starring Wyatt Cenac and Tracey Heggins Received a Metascore of 69

SAN FRANCISCO, Jan. 30 /PRNewswire/ -- Metacritic (www.metacritic.com), the Web's most robust roundup of entertainment reviews, and a property of CBS Interactive, today announced its weekly Metascores(R) for the week's opening movies as of Friday, Jan. 30 at 10:40 AM, PT. Metacritic carefully screens and selects the most respected reviewers within each entertainment category and combines all of the individual critics' scores into a Metascore, an overall grade for each release, so users can gauge the critical consensus at a glance. Movie Metascores are compiled using weighted scores from the 41 most respected movie critics and publications in the U.S.

Following is a list of the Metascores for this week's opening movies:

Limited Releases:

"Medicine for Melancholy," starring Wyatt Cenac and Tracey Heggins by Terence Davies - Metascore = 69

Metascores range from 0-100, with higher scores indicating better overall reviews, and lower scores indicating less favorable reviews from critics. Various ranges of Metascore are also identified by different colors, so you can tell at a glance how critics felt: generally, green scores (61-100) indicate favorable reviews, yellow scores (40 - 60) denote mixed reviews, and red scores (0-39) are used for unfavorable reviews.

The Metascore is considered a weighted average because Metacritic assigns more significance, or weight, to some critics and publications than to others, based on the overall stature and quality of those critics and publications.

In addition to critical reviews, entertainment enthusiasts can also voice their opinions by submitting their own ratings and reviews. By providing a weighted Metascore and an average consumer score for each release, Metacritic helps consumers make informed decisions about how to spend their entertainment dollars and time.

About Metacritic

Called "...the Web's best film review site" by Entertainment Weekly, Metacritic provides access to and summarizes the vast amount of entertainment criticism available online for film, video/DVD, music, games and television. With the belief that multiple opinions are better than one, Metacritic launched in January 2001 and has remained true to its goal to help people make an informed decision about how to spend their money on the many entertainment options available today.

About CBS Interactive

CBS Interactive, a division of CBS Corporation, is the best online content network for information and entertainment. With more than 170 million people visiting its properties each month, it is the 8th largest Web property globally. Its portfolio of leading brands, which include CNET, CBS.com, CBSSports.com, GameSpot, TV.com, BNET and Last.fm, span popular categories like technology, entertainment, sports, news and business.

Open Letter to Rush Limbaugh From Ralph Nader

WASHINGTON, Jan. 30 /PRNewswire-USNewswire/ -- The following is an open letter to Rush Limbaugh from Ralph Nader:

Rush Limbaugh

The Rush Limbaugh Show

2 Penn Plaza

New York, NY 10121

Dear Mr. Limbaugh,

The Associated Press reports your new contract with Premiere Radio Networks will enrich you with at least $38 million a year over the next eight years. You are making this money on the public property of the American people for which you pay no rent.

You, Rush Limbaugh, are on welfare.

As you know, the public airwaves belong to the American people. The Federal Communications Commission (FCC) is supposed to be our trustee in managing this property. The people are the landlords and the radio and TV stations and affiliated companies are the tenants.

The problem is that since the Radio Act of 1927 these corporate tenants have been massively more powerful in Washington, DC than the tens of millions of listeners and viewers. The result has been no payment of rent by the stations for the value of their license to broadcast. You and your company are using the public's valuable property for free. This freeloading on the backs of the American people is called corporate welfare.

It is way past due for the super-rich capitalist -- Rush Limbaugh from Cape Girardeau, Missouri -- to get himself off big time welfare. It is way past due for Rush Limbaugh as the Kingboy of corporatist radio to set a capitalist example for his peers and pay rent to the American people for the very lucrative use of their property.

You need not wait for the broadcast industry-indentured FCC and Congress to do the right thing. You can lead by paying a voluntary rent -- determined by a reputable appraisal organization -- for the time you use on the hundreds of stations that carry your words each weekday.

Payment of rent for the use of public airwaves owned by the American people is the conservative position. Real conservatives oppose corporate welfare. Real corporatists feed voraciously from hundreds of billions of dollars in corporate welfare gushing out of Washington, DC yearly.

Whose side are you on? Freeloading? Or paying rent for the public property you have been using free for many years?

I look forward to your response.

Sincerely yours,

Ralph Nader

PO Box 19312

Washington, DC 20036

Bruce Springsteen and E Street Band Members Speak in Exclusive Interviews on SIRIUS XM Radio at Super Bowl XLIII in Tampa, FL

Springsteen talks live to SIRIUS XM host Chris "Mad Dog" Russo

SIRIUS NFL Radio hosts John Riggins and Adam Schein interview E Street Band members on E Street Radio's Super Bowl special

Dave Marsh hosts E Street Band members on E Street Radio

Listen to the Bruce Springsteen interview with Chris Russo at www.sirius.com/superbowl and www.xmradio.com

Media Alert: January 29, 2009

NEW YORK, Jan. 29 /PRNewswire-FirstCall/ --


        WHO:    Bruce Springsteen and E Street Band members at the Super Bowl
                with SIRIUS XM Radio.

        WHAT:   Bruce Springsteen sat down for a live interview with Chris
                "Mad Dog" Russo from Super Bowl XLIII in Tampa.  Bruce shared
                with fans his excitement about his music and performing at the
                halftime of the Super Bowl as well as his thoughts on his
                latest album, Working on a Dream.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO )

***Photos of Bruce Springsteen and Chris "Mad Dog" Russo, host of SIRIUS XM's Mad Dog Radio all-sports talk channel, at the Super Bowl are available at GettyImages.com and WireImage.com. Look for headline/caption: "Bruce Springsteen and E Street Band on SIRIUS XM Radio at the Super Bowl***

                SIRIUS XM listeners can hear Bruce Springsteen on 3 different
                channels:

E Street Radio SIRIUS channel 10 and XM channel 58

                On E Street Radio, SIRIUS XM will bring listeners Super Bowl
                with the E Street Band, a special hour of Super Bowl XLIII
                coverage with a unique look at this year's halftime
                performers, Bruce Springsteen and the E Street Band.

                Hear SIRIUS NFL Radio's John Riggins and Adam Schein interview
                E Street Band members during the special.

                Also, E Street Radio host and Springsteen biographer Dave
                Marsh gets the intimate details from E Street Band members as
                they prepare for the performance from Raymond James Stadium on
                Sunday night.

                Part of the special is the Chris "Mad Dog" Russo interview
                with Springsteen. Additionally, SIRIUS XM listeners will hear
                portions of Thursday's press conference featuring the whole
                band.

                E Street Radio will broadcast Super Bowl with the E Street
                Band on Saturday, January 31 at 3 pm ET and Sunday, February 1
                at 12 Midnight, 8 am, and right before kick-off at Super Bowl
                at 6 pm ET

Mad Dog Radio SIRIUS channel 123 and XM channel 144

                  Mad Dog Radio will broadcast the Bruce Springsteen interview
                  tonight at 10:05 pm ET and Saturday, January 31 at 10:35 am
                  ET

SIRIUS NFL Radio SIRIUS channel 124 (XM channel 124 for "The Best of SIRIUS")

                  SIRIUS NFL Radio will broadcast the Bruce Springsteen
                  interview with Chris "Mad Dog" Russo tonight at 9:05 pm ET

                  To listen to the entire Bruce Springsteen interview with
                  Chris Russo anytime, please visit www.sirius.com/superbowl
                  or www.xmradio.com

        MORE:     As the Official Satellite Radio Partner of the NFL, SIRIUS
                  XM Radio broadcasts every NFL game live nationwide, from the
                  preseason through the Super Bowl and Pro Bowl.  Fans can
                  also tune into SIRIUS NFL Radio, for the only radio channel
                  dedicated to the NFL 24 hours a day, 365 days a year.

                  E Street Radio gives SIRIUS XM listeners unprecedented
                  access to the music of Bruce Springsteen and the E Street
                  Band, including exclusive concert broadcasts, rare archival
                  recordings as well as insider reports and breaking news.

                  For up-to-date news and information on Bruce Springsteen,
                  please visit www.brucespringsteen.net.


        CONTACT:  Sal Resendez, sresendez@siriusradio.com, 646 313 2405

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering commercial-free music channels, premier sports, news, talk, entertainment, traffic and weather, to more than 18.9 million subscribers.

SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Jimmy Buffett, Jamie Foxx, Barbara Walters, Opie & Anthony, Bubba the Love Sponge(R), The Grateful Dead, Willie Nelson, Bob Dylan, Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball(R), NASCAR(R), NBA, NHL(R), and PGA TOUR(R), and broadcasts major college sports.

SIRIUS XM Radio has arrangements with every major automaker. SIRIUS XM Radio products are available at shop.sirius.com and shop.xmradio.com, and at retail locations nationwide, including Best Buy, RadioShack, Target, Sam's Club, and Wal-Mart.

SIRIUS XM Radio also offers SIRIUS Backseat TV, the first ever live in-vehicle rear seat entertainment featuring Nickelodeon, Disney Channel and Cartoon Network; XM NavTraffic(R) service for GPS navigation systems delivers real-time traffic information, including accidents and road construction, for more than 80 North American markets.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving SIRIUS and XM, including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates; the failure to realize synergies and cost-savings from the merger or delay in realization thereof; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' and XM's Annual Reports on Form 10-K for the year ended December 31, 2007 and their respective Quarterly Reports on Form 10-Q for the quarter ended September 30, 2008, which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and SIRIUS and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

Thursday, January 29, 2009

U.S. Reps. Bob Filner (D-Calif.), Jan Schakowsky (D-Ill.), and Steve Cohen (D-Tenn.) to Be Featured on 'Inside Government'

Former Irish Prime Minister John Bruton Also to Appear

WASHINGTON, Jan. 29 /PRNewswire-USNewswire/ -- This week on the American Federation of Government Employees' "Inside Government" radio show, U.S. Reps. Bob Filner (D-Calif.), Jan Schakowsky (D-Ill.), and Steve Cohen (D-Tenn.) will appear to discuss the Barack Obama presidency, and a number of critical issues facing the United States. The show will air on Friday, Jan. 30 at 10:00 a.m. ET nationwide on Federal News Radio at www.federalnewsradio.com and 1500 AM in the Washington, D.C., area.

Filner, chairman of the House Veterans' Affairs Committee, will address the health care crisis in the U.S., and the need to properly care for soldiers returning home from war. Schakowsky will share her thoughts on the importance of President Obama's historic election, while Cohen will discuss his ideas for a nationalized health care plan, and how he's fighting crime in Tennessee's 9th District. Lastly, John Bruton, former Irish prime minister and current European Union ambassador to the United States, will provide an inside look at how the EU government works, as well as the implementation of the euro.

"Inside Government" is hosted by AFGE Assistant General Counsel J. Ward Morrow. Programs are archived on the Federal News Radio Web site and can be heard on demand (available anytime) at http://www.federalnewsradio.com/?nid=52 or http://www.afge.org/insidegovernment. Please note there will be a short advertisement prior to the start of the program. The program is also available via iTunes podcast by clicking here. Users must install iTunes on their computers before accessing "Inside Government" via podcast.

For more information, please e-mail InsideGovernment@afge.org or go to www.federalnewsradio.com.

"Inside Government" is a one-hour weekly nationwide radio/Internet program dedicated to issues that impact federal and D.C. government employees. The show airs each Friday at 10:00 a.m. on Federal News Radio 1500 AM in Washington, D.C. and online at www.federalnewsradio.com. It is also available to 70 million iPod users through Apple's iTunes podcast. "Inside Government" is produced by The American Federation of Government Employees (AFGE), the nation's largest federal employee union, representing 600,000 workers in the federal government and the government of the District of Columbia.

Saudi Arabia Ministry of Culture and Information Modernizes Broadcasting Network with Harris Corporation Radio and TV Transmitters

DUBAI, United Arab Emirates, Jan. 29 /PRNewswire-FirstCall/ -- Harris Corporation (NYSE: HRS), an international communications and information technology company, was selected to provide a range of radio and television broadcast transmitters to Saudi Arabia's Ministry of Culture and Information (MOCI) as part of the ongoing modernization of Saudi TV and Radio's transmitter infrastructure.

To support the upgrading of its network, the Saudi MOCI chose a wide range of Harris transmitters: 21 AM radio transmitters, including 3DX(R) digital solid-state transmitters; 40 FM radio transmitters, including the ZX(R) range of low-power transmitters; and 36 TV transmitters, including Atlas(TM) digital solid-state air-cooled transmitters. These transmitters have been deployed across multiple Saudi TV and Radio facilities to allow for the broadcast of audio and TV programs terrestrially throughout the kingdom. The new TV transmitters are an especially critical element of Saudi TV and Radio's program to upgrade its television infrastructure to digital. Four DVB-T transmission sites have already gone live this year with Harris transmitters.

"We selected Harris transmitters because they provided the highest quality in terms of technology and reliability, as well as reduced operating costs," said Dr. Riyadh Najm, deputy minister of engineering affairs, MOCI. "Harris is an established leader in the transmitter business, with a long track record of success worldwide. The company's experience, along with the efficiency of the Harris systems integrator, was the major factor in our decision to allow Harris to play a central role in the major modernization project of the terrestrial network infrastructure for the Kingdom of Saudi Arabia."

Harris systems integrator First Gulf Company (FGC) is the contractor for these projects.

"This project at Saudi TV is another good example of the ability of Harris to handle large, country-wide terrestrial roll-outs," said Richard Scott, vice president, Europe, the Middle East and Africa operations for Harris Broadcast Communications. "With our experience, broad product portfolio across all major standards, and manufacturing capacities, Harris is the ideal choice for terrestrial network deployments."

Harris Broadcast Communications offers products, systems and services that provide interoperable workflow solutions that span the entire media delivery chain. The Harris ONE(TM) solution brings together highly integrated and cost-effective products that are ideal for emerging media business models and for customers upgrading media operations to digital and high-definition services.

About Saudi TV and Radio

The Ministry of Culture and Information is the owner of the official Saudi TV and Radio Network. Currently, it has four TV channels (operating in both terrestrial and via satellite) and four radio channels (operating in FM and AM frequency bands). In order to cover the whole country terrestrially, the ministry has about 20 medium-wave transmission stations, as well as about 130 TV and FM transmission stations of different power levels.

About First Gulf Company

First Gulf Company is one of the leading contractors in Saudi Arabia in the broadcast field. Its activity covers all of the broadcast spectrum, from TV and radio studios, to TV and radio transmission, satellite uplink, TVRO, SNG, OB vans, etc. FGC enjoys the full in-house capabilities of design, integration, installation and commissioning of systems. FGC is extending its activities into the MEA region.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of $5.4 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at www.harris.com .

Wednesday, January 28, 2009

SIRIUS XM Radio to Receive Special Recognition GLAAD Award for 'The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard'

Special documentary aired on OutQ(R), the exclusive channel devoted to the GLBT community, set to debut on XM Radio

NEW YORK, Jan. 28 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) announced today that OutQ, the nation's first and only 24/7 radio channel dedicated to the Gay, Lesbian, Bisexual, and Transgender community, was honored with a special recognition award from the Gay & Lesbian Alliance Against Defamation (GLAAD) for The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO)

The two-hour documentary aired originally on October 10th, 2008 to commemorate the 10-year anniversary of Matthew Shepard's death. Conceived and produced by Romaine Patterson, a friend of Matthew Shepard and co-host of the Derek & Romaine show on OutQ, The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard examines the impact the award-winning play-turned-film The Laramie Project has had on attitudes towards hate crimes with interviews from playwright Moises Kaufman and members of Tectonic Theater Company. The special also features an introduction by legendary journalist and SIRIUS XM host Barbara Walters and is narrated by critically-acclaimed actress Stockard Channing.

The GLAAD Media Awards ceremonies will be held in New York on March 28, 2009 at the Marriott Marquis; in Los Angeles on April 18 at the Nokia Theatre L.A.; and in San Francisco on May 9 at the Hilton San Francisco.

"We are honored to be recognized by GLAAD and want to congratulate everyone involved in this production for their incomparable work," said Scott Greenstein, SIRIUS XM Radio's President and Chief Content Officer. "SIRIUS XM Radio is proud to make unique, in-depth and diverse programming and channels produced by exceptional talents available to all corners of the country."

OutQ, which launched nearly six years ago on SIRIUS and will become available to XM subscribers on XM channel 98 as of Monday February 2nd, has been a trailblazer in GLBT media. The channel, which airs on SIRIUS channel 109, offers exclusive groundbreaking coverage of social and political issues as well as music and entertainment programming, all of which is produced by and for the GLBT community.

OutQ's news division has provided unparalleled coverage of issues ranging from marriage equality to developments in HIV/AIDS to employment non-discrimination issues. Activist, journalist and author Michelangelo Signorile's afternoon show has been on the leading edge of breaking and influencing the news of the day and social reform. In the morning, veteran Billboard editor and pop culture commentator Larry Flick has brought listeners a blend of music and conversation with interviews from iconic performers which have included Madonna, Bette Midler, and Cyndi Lauper. Former The Daily Show with Jon Stewart funnyman Frank DeCaro provides "pop culture hilarity" in middays with interviews with major stars from stage, screen, Broadway, and more. The Derek & Romaine show in the evenings provides a wild, witty blend of free-form chat with celebrities and everyday folks.

The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard will re-air on OutQ, SIRIUS channel 109 and XM channel 98, on Friday, February 6 at 8PM ET.

For more information on OutQ, please visit www.xmradio.com or www.sirius.com.

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering everything worth listening to, including 69 commercial-free music channels, premier sports, news, talk, entertainment, traffic and weather, to more than 18.9 million subscribers.

SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Jimmy Buffett, Jamie Foxx, Barbara Walters, Opie & Anthony, The Grateful Dead, Willie Nelson, Bob Dylan, Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball, NASCAR, NBA, NHL, and PGA TOUR, and broadcasts major college sports.

P-SIRI

    Media Contact:

    Neel Khairzada
    SIRIUS
    212-584-5243
    nkhairzada@siriusradio.com

Kelly Clarkson: New Single My Life Would Suck Without You Catapults To #1 On The Hot 100

SINGLE BREAKS THE EXISTING RECORD FOR THE BIGGEST LEAP TO #1 IN THE CHART'S HISTORY

SONG ALSO LANDS AT #1 ON THE DIGITAL CHART WITH 279,605 SOLD THE FIRST WEEK

ALBUM RELEASE MOVED UP TO MARCH 10, 2009

NEW YORK, Jan. 28 /PRNewswire/ -- Kelly Clarkson's new single "My Life Would Suck Without You" catapults from the #97 position it held last week to the #1 spot on the Billboard Hot 100 chart, breaking the record for the largest leap to #1 in the chart's 50 year history. The previous record was set by Britney Spears' "Womanizer" which went from #96 to #1 in a week's time. This marks Kelly's first Hot 100 #1 since 2002's "A Moment Like This," which went from #52 to #1.

In addition, the song holds the #1 spot on the Digital Chart with 279,605 sold in its first week. This is the 3rd biggest digital song debut for a female artist.

"My Life Would Suck Without You" is the first single off Clarkson's fourth album titled All I Ever Wanted (19 Recordings/RCA Records). The release of All I Ever Wanted has moved up to March 10th.

In her career to date, Clarkson has sold 16 million albums worldwide. She is the recipient of 2 Grammy Awards, 2 American Music Awards, 2 MTV Awards and 11 Billboard Awards.

CBS Corporation Launches MoneyWatch.com - A Cross-Platform Property Focused on Personal Finance

First Personal Finance Property to Launch Since Economic Crisis Focuses on Helping People Take Control of Their Financial Well-Being

MoneyWatch.com Brand To Be Featured and Promoted Across all CBS Platforms; Editorial Experts to be Featured on CBS News broadcasts THE EARLY SHOW and the CBS EVENING NEWS WITH KATIE COURIC, and Local CBS-owned TV and Radio Stations

SAN FRANCISCO, Jan. 28 /PRNewswire-FirstCall/ -- CBS Corporation today announced MoneyWatch.com, a new cross-platform property designed to help people make sense of today's economic turmoil and make smarter decisions about their money. A preview of the site, which is an extension of CBS Interactive's business site BNET and launches officially this spring, is available now at www.MoneyWatch.com.

As the personal finance property for CBS, MoneyWatch.com will be expanded and featured throughout CBS broadcast, radio and mobile platforms, and the site's editorial experts will be added as regular contributors on topics of business and personal finance on CBS News' THE EARLY SHOW, the CBS EVENING NEWS WITH KATIE COURIC, and local CBS-owned Television and Radio stations. In addition, MoneyWatch.com will carry the latest business and financial news from 60 MINUTES, the CBS EVENING NEWS and THE EARLY SHOW.

"Many people are still in shock because of recent financial events, and as a result they have a strong desire to become actively engaged in all facets of their finances," said Greg Mason, Senior Vice President and General Manager of CBS Interactive's Business Network. "MoneyWatch.com will stand out for its relentless focus on helping people determine what they can believe these days and what they need to do now to manage their finances and take control. The site is a logical extension to the business-focused content on BNET, and as part of CBS, we have the opportunity to bring our unique brand of personal money advice to a massive audience."

"MoneyWatch.com fills a need at CBS for a trusted brand around personal finance and we look forward to working with the team to incorporate the MoneyWatch.com content and editorial experts into our programming to bring critical and useful financial advice to our viewers," said Sean McManus, President, CBS News and Sports.

Overseeing the branded content on MoneyWatch.com is editorial director Eric Schurenberg, the former managing editor of Money Magazine. "The penalty for not knowing what do with your money has never been higher," said Schurenberg. "MoneyWatch.com's editorial mission is to help you build and preserve wealth from the day you earn your first paycheck to the day you spend your last dime -- or leave your heirs as millionaires. The process begins with smart decisions about your most important asset -- your earning power -- and moves on through a lifetime of crucial choices about saving and spending, investing and planning for retirement."

MoneyWatch.com sections will include:

The Big Picture -- Draws the connection between people's lives and the massive economic changes now in motion. It seeks to answer three questions for the audience: what's happening, what it means and what people should do about it.
Human Capital -- Starts with the premise that a person's most valuable financial asset is their earning power. Using expert interviews, case studies and a signature "human capital value ticker," this section will cover topics including career strategies, income security, work/life balance, and health.
Cash Flow -- Focuses on the everyday money choices that people have to make. Topics include managing debt, minimizing taxes, paying for college, and enhancing the value of one's home.
Investing -- Features signature columnists and bloggers who will help people make smart, strategic choices about the preservation and growth of their wealth. The emphasis will be on realistic, low-risk strategies.
Your Future -- Helps people create a plan for financial independence. It will include retirement planning and Q&As with well-known wealth managers, helping people stay on track for the long-term.

For advertisers, the site offers an opportunity to connect with an engaged, influential audience who are making and revising their financial decisions right now. Connecting beyond the MoneyWatch.com site into TV and Radio at both the national and local level, various marketing programs will let advertisers tap into the MoneyWatch.com audience as a thought leader, educator, or content provider and showcase their assets and messaging to help build a brand name. The site's content will also be integrated throughout BNET, CBS Interactive's flagship business site, affording advertisers the opportunity to tap into BNET's audience of business managers and professionals.

About MoneyWatch.com

MoneyWatch.com, a property of CBS Interactive, helps people make smarter decisions about their personal finances in every area that their money and their life intersect. In addition to original feature stories and unique daily commentary, the media-rich site also offers daily business and financial news from the broadcast powerhouse of CBS News.

About BNET

BNET, a property of CBS Interactive, provides managers practical, trusted resources for the business challenges they face every day, and effective techniques for moving their companies and their careers forward. A top 10 business media site, BNET offers award-winning original content, as well as one of the largest business libraries available on the Web.

About CBS Interactive

About CBS Corporation

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW -- a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime Networks and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), in-store media (CBS Outernet) and motion pictures (CBS Films). For more information, log on to www.cbscorporation.com.