# CBS Corporation

> CBS Corporation is a VC fund in New York backing TV and Music. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 3
- Last investment: Mar 2008
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/cbs-com?trk=top_nav_home
- Website: http://cbscorporation.com/

CBS Corporation is a mass media company that creates and distributes content across a variety of platforms to audiences around the world. The company operates 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.The company owns the most-watched televisionnetwork 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, radio, local TV, film, outdoor advertising, and interactive and socially responsible media.CBS Corporation's entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming content, including series, specials, news, and public affairs; produces and distributes theatrical motion pictures; and operates online content networks for information and entertainment. Its cable networks segment owns and operates multiplexed channels; offers subscription program services comprising theatrical feature films, original series, documentaries, sports-related programming, and special events as well as the CBS Sports Network, a 24-hour cable program service that provides college sports and related content. This segment also owns and manages Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats. The local broadcasting segment owns 30 broadcast television stations; 126 radio stations in 27 U.S. markets and related online properties; and local websites in various U.S. markets, which combine the company's television and radio local media brands online to provide the latest news, traffic, weather, and sports information as well as local discounts, directories, and reviews. CBS Corporation 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, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS’s businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia.CBS Corporation was founded in 1986 and is headquarters in New York, United States.

## Contacts

5 contacts available for CBS Corporation. Shizune tracks 9 team members at CBS Corporation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/cbs-corporation?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| TV | 1 | 33% |
| Music | 1 | 33% |
| Video | 1 | 33% |
| Gaming | 1 | 33% |
| Internet | 1 | 33% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 33% |
| Series B | 1 | 33% |
| Private Equity | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Frederic Salerno | Member of Board of Directors | 2 | — |
| Adam Townsend | Executive Vice President | 0 | — |
| Angeline Straka | Executive Vice President | 0 | — |
| Gil Schwartz | Senior Executive Vice President and Chief Communications Officer | 0 | — |
| Joseph Ianniello | Chief Operating Officer | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TargetSpot | TargetSpot (www.targetspot.com) is the nation's largest internet radio advertising network. TargetSpot connects top brands and local businesses to the online listener with interactive, network and spot radio advertising solutions. Advertisers can use TargetSpot's SAAS platform or work with TargetSpot's full-service account managementteam to create campaigns, target customers by geography, listening preferences and demographics, to deliver high-impact audio, display and pre-roll video advertising across thousands of online audio properties. TargetSpot has more than 85 distribution partners, including CBS RADIO, Entercom, Live 365, Cox Media Group, Radionomy, Grooveshark, and more. TargetSpot is based in New York City and its investors include Union Square Ventures, Bain Capital Ventures, and CBS RADIO. | $8.6M | Series B | Mar 11, 2008 |  |
| Joost | As their third major undertaking, between and during programs as well as small type or image ads on the sides of your screen.With very heavy backing from media giants CBS and Viacom, Joost looks good to take on competitors Unlike many online video platforms, joost does require a download and cannot play video directly from users' browsers. joost offers a desktop client that allows the user to watch on-demand TV over the internet. In addition, Joost enhances the TV experience by offering interactive tools. For example, users will be able to chat with friends while watching a show. The channels will also have interactive displays where users can discover behind-the-scene content.Joost's peer-to-peer technology also lowers the cost of channel owners by reducing the amount of data the servers must stream out. joost only serves some selected users, while the rest of the data is distributed from user to user. Rumor has it that Joost is in talks with hardware manufacturers to Joost is now fully public and open to all.UPDATE: Joost has recently deactivated it's software client and now streams it's entire catalog via Adobe's Flash Player which is available for Windows, Mac OS X, and Linux. | $45M | Series A | May 09, 2007 |  |
| iWon | iWon is a CBS-backed destination portal that combines search, content, and functionality. | $100M | Private Equity | Feb 15, 2000 |  |

3 of 3 investments shown.

## Co-investors
- [Bain Capital](https://shizune.co/investors/profile/bain-capital) — VC Fund, 1 deal together
- [Bain Capital Ventures](https://shizune.co/investors/profile/bain-capital-ventures) — VC Fund, 1 deal together
- Barnard & Co — VC Fund, 1 deal together
- [Chase Capital Partners](https://shizune.co/investors/profile/chase-capital-partners) — VC Fund, 1 deal together
- [Goldman Sachs](https://shizune.co/investors/profile/goldman-sachs) — VC Fund, 1 deal together
- [Index Ventures](https://shizune.co/investors/profile/index-ventures) — VC Fund, 1 deal together

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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does CBS Corporation invest in?

CBS Corporation invests primarily in TV, Music and Video startups, most often at Series A and Series B stage. Most of the 3 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact CBS Corporation?

Public channels for CBS Corporation include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at CBS Corporation?

The team at CBS Corporation includes Frederic Salerno (Member of Board of Directors), Adam Townsend (Executive Vice President) and Angeline Straka (Executive Vice President), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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