NFL Coverage And Political Spending Will Aid CBS' Growth In The Near Term

CBS Corporation?s recent quarterly results were in line with expectations and warrant no material change in valuation. Solid growth at cable networks was anticipated, reflecting the benefits of the Mayweather fight. However, the key takeaway from the earnings release was the solid subscription trends at its new streaming services. CBS All Access is already closing in on 1 million subscribers within months of its launch. This is encouraging and at the same time signifies the massive demand for st...