CBS denies report of news division losing $50 million a year, insists it is profitable

Aug 22, 2025, 03:00 PM

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CBS denies report of news division losing $50 million a year, insists it is profitable

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CBS News insists the organization is profitable after a reporter walked back claims the embattled network’s new ownership inherited a significant financial burden.

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CBS denies report of news division losing $50 million a year, insists it is profitable — Forever