Paramount Parks and the publishing parts of CBS revenues were up 12 percent in the first quarter, yet got only a passing mention in the CBS press release, while other parts of the company were called things like "extremely valuable." Meanwhile, operating income was up 33 PERCENT in the parks/publishing (this shows the cost cuts are working for now---as operating income is up nearly a 1/3 over last year. It should also be noted that both this and the comparison period are for a quarter when the parks are actually closed and employment is normally very low anyway) Yet another sign the sale is nearly done:

http://www.prnewswire.com/cgi-bin/stories....+2006,+07:00+AM

And for those of you who claim there is nothing new here, you really need to spend a little bit more time studying things around you, if they interest you. If they don't, you can always leave this stuff to those of us it does interest...

I'm sure Howard Stern enjoys the 6% drop in radio revenues...

How many of the parks were actually open prior to the 03/31 Q1 end date? (PKD and Carowinds, I believe...PGA too?) Either way, there weren't enough total operating days during Q1 for increases in revenue to account for the 33% increase in net income...meaning that cost cuts during the off season had to play a big role. At any rate, it's a good number for whatever interested parties that are currently doing due dilligence...

I bet calculating the pro formas are a big pain in the a** considering the split and all the rearranging of the business units

This year, PGA opened April 1.