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Download this release: CBS-PR-080723130835.doc
July 23, 2008


CBS RADIO LAUNCHES NEXT GENERATION VIDEO PLATFORM AVAILABLE TO ALL OF ITS 140 STATIONS


Uses Digital Capabilities To Further Evolve Into Visual Medium


CBS RADIO, a division of CBS Corporation comprised of 140 major market radio stations, announced today a strategy designed to augment its current delivery methods providing all of its stations with the capability to fully develop into a video medium in addition to its audio content side of the business.

Debuting on the websites of four of the company’s New York stations (www.fresh1027.com, www.wcbs880.com, www.923krock.com and www.wfan.com), the launch of CBS RADIO’s new video platform presents the stations with the technology and guidance to create individual and personalized branded video players, which will allow them to feature station content, syndicate videos both internally and externally, share and distribute videos to multiple destinations and embed video clips to share with others via social networking sites.

The new technology also creates advanced advertising and specialized sponsorship opportunities for CBS RADIO’s clients, including branded players and content, studio imaging; advertorials and in-video advertising.

“Rethinking and evolving our business had led us to this transformation and in the very near future every station will have a major video component transforming radio from a purely audio medium to a visual one as well,” said David Goodman, President, Digital Media and Integrated Marketing, CBS RADIO.

“From a content perspective, no one is better positioned than radio to take advantage of online video with literally thousands of hours of original programming being produced every week. Previously you could only hear that material on-air or online. Now audiences will be able to see what happens at their favorite radio station and interact with our brands and personalities in an entirely different way, and we’ll be able to extend our reach through the distribution capabilities the new player affords us.”

In addition to broadcast simulcasts, live concert performances, in-studio interviews, breaking news and original programming exclusively for the web, the new player will also spotlight content provided by the audience and solicited by the station. Effortless upload functionality will facilitate an immediate dialogue between the station and its listeners via videos emphasizing developing news stories, current event, entertainment or comedy.

CBS RADIO’s new video platform is powered by WorldNow, the leading online technology, content and revenue-solutions company for local media. With the addition of CBS RADIO’s stations, WorldNow has 452 total local media clients in broadcast TV, newspaper and now radio.

About CBS RADIO

CBS RADIO, one of the largest major-market operators in the United States with stations covering news, sports, talk, rock, oldies, country, adult contemporary and urban formats, among others, offers audiences an enhanced and customized listening experience through the combination of on-air, online and new media platforms. CBS RADIO operates 140 radio stations throughout the nation’s top 50 markets and broadcasts play-by-play coverage of 27 of the country’s leading professional sports franchises. CBS RADIO also has embraced interactive programming through the use of streaming, HD Radio, podcasts and mobile messaging. The division maintains an exclusive agreement with AOL Radio through which CBS RADIO powers AOL Radio and distributes its stations to its network of listeners. Home to the nation’s most listened to news (1010 WINS), sports (WFAN-AM), rock (KROQ-FM) and country (WUSN-FM) stations, CBS RADIO is a division of CBS Corporation. For more information on CBS RADIO, please visit www.cbsradio.com.

About WorldNow

About WorldNow - A leader in Internet technology, content and revenue solutions, WorldNow, a New York-based technology and sales company, is the only company to provide a comprehensive technology platform and strategic advertising services that enable media companies to expand to the digital realm with innovative Web publishing tools, advanced video delivery technology and industry-driving advertising leadership. WorldNow's proven technology and advertising leadership equips its media partners with the tools to make the transition to the digital marketplace, expand their footprint in the online ecosystem and realize real-world profitability from their investment. Current WorldNow customers include affiliates of major broadcast television, newspaper and radio groups. For more information please visit www.WorldNow.com.

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MEDIA CONTACTS

Karen L. Mateo
Vice President, Communications
(212) 649 9639

Allison Mandara
Communications Coordinator
(212) 649 9606

Dana McClintock
Senior Vice President,
CBS Communications Group
(212) 975 1077

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