Armando Nuñez to Lead the CBS Global Distribution Group

Armando Nuñez has been named President and Chief Executive Officer for the CBS Global Distribution Group and Chief Content Licensing Officer for the CBS Corporation, it was announced today by Joe Ianniello, President and Acting Chief Executive Officer, CBS Corporation. This newly created position, reporting to Ianniello, streamlines CBS' content licensing, domestic Syndication and international distribution in one division under Nuñez.

"CBS is a global premium content company. This reorganization establishes a focused structure for content monetization of our shows across all platforms, both domestically and internationally, under an accomplished worldwide distribution leader," said Ianniello. "Armando is a best-in-class executive with strong client relationships on every continent and an impressive track record for creating business opportunities and distribution strategies that maximize revenue for CBS programming."

In his new role, Nuñez will assume oversight of the Company's content licensing to domestic and international distribution partners across all platforms: cable, broadcast television and on-demand services. He will be responsible for a growing portfolio of CBS-owned original content that airs on the CBS Television Network, The CW, CBS All Access, Showtime and non-CBS platforms, as well as a library of more than 10,000 episodes of programming.

Nuñez will also continue as head of CBS Studios International, whose varied businesses include worldwide distribution and format sales for content from all CBS Corporation programming areas. The division also manages 11 channel ventures covering 109 territories, the Company's ownership of Network Ten in Australia, international co-productions and local content production, and coordinates with CBS Interactive to support the Company's global rollout of CBS All Access.

In addition, Nunez will also re-assume leadership of CBS Television Distribution, which produces and distributes seven of the top 10 first-run shows in syndication, including industry-leading franchises such as ENTERTAINMENT TONIGHT, DR. PHIL, INSIDE EDITION, RACHAEL RAY, WHEEL OF FORTUNE, JEOPARDY! and JUDGE JUDY.

Previously, Nuñez led a combined CBS domestic Syndication and international distribution group from 2012-2016. For the past two years, he has focused on CBS' rapidly expanding international business, one of the biggest growth engines for the Company.

Nuñez has led CBS' international operations since joining the Company in 1999 as President, CBS Broadcast International. In January 2000, following the merger of CBS Television and King World Productions, he assumed the role of President, CBS Broadcast International and Executive Vice President, CBS Enterprises. He was named President, CBS Studios International (formerly CBS Paramount International Television) in August 2004, following the merger of CBS Broadcast International and Paramount International Television.

The appointment of Nuñez follows the recent announcement of Paul Franklin's retirement and Scott Koondel establishing his own production and distribution company. Franklin was the Company's head of domestic syndication, and Koondel was the previous Chief Content Licensing Officer.

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world's largest libraries of entertainment content, making its brand - "the Eye" - one of the most-recognized in business. The Company's operations span virtually every field of media and entertainment, including cable, publishing, local TV, film, and interactive and socially responsible media. CBS' businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Network Ten Australia, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Consumer Products, CBS Home Entertainment, CBS Interactive, CBS Films, Showtime Networks, CBS Sports Network, Pop (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS EcoMedia, and CBS Experiences. For more information, go to www.cbscorporation.com.

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