CBS Realizes Changing Times After Recent Quarterly Declines
More and more companies throughout the world are shifting the way they traditionally do business in order to become more digital and Internet based. Advertising and marketing have become easier through the Internet as businesses can now reach millions of people daily. Yesterday CBS Corp. (NYSE: CBS), the media group that runs the most popular U.S. TV network, reported a sharp decline in its quarterly net earnings from a year ago. Second quarter net earnings of $404 million were down dramatically compared to last year's second quarter earnings of $781.7 million, which is down 48 percent. Although profits from continuing…