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CBS Corp. Touts Financial Upside of Emerging Businesses

4:37 PM PST 2/24/2011 by Georg Szalai

At an "Upfront for Investors," the company says there could $3 billion in annual revenue from digital distributors like Netflix, new international TV markets, retrans and other emerging opportunities.

NEW YORK - CBS Corp. is approaching $1 billion in annual digital revenue across its operations and has new revenue opportunities worth $3 billion annually or more over the coming years thanks to emerging businesses, top executives from the media company said here Thursday.

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