This is a truly historical meeting of the established and new media.

It was clearly a natural thing for him to do.

His biggest sin was to trust a producer whom he'd worked with very successfully in the past.

There's good news about being in third place. We can try stuff. We can take risks.

We'll replace (Stern's show) with programming we think can be more profitable in the future.

There is a genuine question whether people are going to want to pay $12 a month for (Howard Stern).

This is a proud moment for all of us who love the CBS name, and who know the storied history of CBS Radio.

I knew Jim and ESPN were talking, but I always felt that deep in my soul, he was a CBS guy, the face and voice of CBS Sports.

I expect to rely on him broadly to help me strategize, operate and drive results at the various business units which will make up the new CBS Corporation. He was absolutely instrumental in the formation of the new enterprise.