Reuters logo Reuters 3 weeks ago

PREVIEW-Big media stocks rally; will business follow?

* Media stocks up 71 pct; 'easy money' may be over * CBS CEO Moonves sees "growth" in ad market * Market rally creates currency for deal making NEW YORK, Oct 30 (Reuters) - When it comes to the media business, the script reads that advertising will... Full Article at Reuters

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  1. Ron Meyer, president and COO Universal Studios (L), and Les Moonves, president and CEO of CBS Corp, joke on the terrace at the Sun Valley Inn in Sun Valley, Idaho July 8, 2009. The annual Allen & Co's media and technology conference starts today the resort.
  2. NEW YORK - MAY 20:  CBS president and CEO Les Moonves attends the 2009 CBS Upfront at Terminal 5 on May 20, 2009 in New York City.
  3. NEW YORK - SEPTEMBER 18: (R-L) Howard Katz, broadcaster James Brown and CBS CEO Les Moonves attend the IRTS Gold Metal Award Gala September 18, 2008 at the Waldorf-Astoria in New York City.
  4. NEW YORK - MAY 12:  (L-R) Chief Executive Officer Jim Wiatt of William Morris Agency, CBS Entertainment president Les Moonves, television personality Julie Chen and actor Kevin Spacey attend a celebration of network television by the William Morris Agency at MoMA on May 12, 2008 in New York City.
  5. BEVERLY HILLS, CA - MARCH 10:  CBS CEO  Les Moonves attends the 15th Annual Alliance for Children's Rights Awards Gala at the Beverly Hilton Hotel on March 10, 2008 in Beverly Hills, California.
  6. LOS ANGELES, CA - JUNE 22: (L-R) Director Michael Bay, CEO of Viacom Sumner Redstone, and CEO of Paramount Studios Brad Grey arrive at the premiere of Dreamworks' 'Transformers: Revenge Of The Fallen' held at Mann Village Theatre on June 22, 2009 in Los Angeles, California.
  7. NASHVILLE, TN - JUNE 16:  Viacom president and CEO Philippe Dauman (C), wife Debbie Dauman (L) and singer Lee Ann Womack attend the 2009 CMT Music Awards at the Sommet Center on June 16, 2009 in Nashville, Tennessee.
  8. CULVER CITY, CA - JUNE 11:  (L-R) Actor Michael Douglas (recipient of the Life Achievement In Motion Pictures and Television award), wife Catherine Zeta-Jones and Viacom's Sumner Redstone at the AFI Lifetime Achievement Award: A Tribute to Michael Douglas award presentation held at Sony Pictures...
  9. CULVER CITY, CA - JUNE 11:  Viacom's Sumner Redstone, actress Catherine Zeta-Jones and actor Michael Douglas arrives at AFI Lifetime Achievement Award: A Tribute to Michael Douglas held at Sony Pictures Studios on June 11, 2009 in Culver City, California.

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