Couric Bringing Profits, Moonves Says

By Brian 

“Leslie Moonves, the CEO of CBS, told shareholders yesterday he expected to see “significant upside” in profit at CBS’ news division from the appointment of Katie Couric as its new anchor in the fall,” the AP reports (via FTV).

As he spoke, though, “several people stood on the street outside the shareholders’ meeting in midtown Manhattan handing out leaflets criticizing CBS’ management of its news business. The leaflets, prepared by the Writers Guild of America, which represents news employees, said CBS was compromising news quality with cutbacks.”

Does anyone have details about the protest? E-mail