CBS profit drops; TV, radio revenue declines

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Net profit fell to $286.2 million, or 42 cents a share, from $335 million, or 43 cents a share, in the same period a year ago. Revenue slipped to $3.76 billion from $3.88 billion.

NEW YORK (Reuters) - CBS Corp <CBS.N> on Tuesday said quarterly profit fell, hurt by lower television, radio and publishing division revenue.

Net profit fell to $286.2 million, or 42 cents a share, from $335 million, or 43 cents a share, in the same period a year ago. Revenue slipped to $3.76 billion from $3.88 billion.

The media company's quarterly results follow the settlement of a three-month strike by Hollywood screenwriters against film and TV studios.

(Reporting by Paul Thomasch; editing by John Wallace)

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