The owner of Television City, the studio home of "The Young and the Restless" and "The Bold and the Beautiful," has announced a $1.25 billion expansion of the iconic property.

CBS Television City sold for $750 million. "The Bold and the Beautiful" and "The Young and the Restless" are produced there.

SAG-AFTRA reaches a tentative successor agreement to the National Code of Fair Practice for Network Television Broadcasting with TV Networks.

During the 2017-18 television season, CBS aired the most-watched series in primetime ("The Big Bang Theory"), daytime ("The Price is Right") and late-night ("The Late Show with Stephen Colbert).