David Bank | Executive Vice President-Investor Relations |
Joe Ianniello | President and Acting Chief Executive Officer |
Jim Lanzone | Chief Digital Officer and Chief Executive Officer-CBS Interactive |
Chris Spade | Chief Financial Officer |
Ben Swinburne | Morgan Stanley |
Reif Ehrlich | Bank of America Merrill Lynch |
Alexia Quadrani | JP Morgan |
Michael Nathanson | MoffettNathanson |
Michael Morris | Guggenheim |
Dan Salmon | BMO Capital Markets |
David Miller | Imperial Capital |
Doug Mitchelson | Credit Suisse |
Marci Ryvicker | Wolfe Research |
Good day, everyone, and welcome to CBS Corporation’s First Quarter 2018 Earnings Release Teleconference. Today's call is being recorded. And at this time, I'd like to turn the call over to Executive Vice President of Investor Relations, Mr. David Bank. Please go ahead.