From KCRW in Santa Monica, I'm Claude Brodessa Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes?

I mean, you really got a rap and be all at.

But prepare yourself for the breaks, check it out.

This week on the business, are Hollywood celebrities irrelevant in an election where

their candidates are star?

We talk to Ted Johnson,

Variety's Wilshire and Washington blogger.

Plus, Mommy and me go to the movies.

But first, it's the Hollywood News Caravan.

Go nowhere.

It's the business from NPR.

Music Despite the fact that CBS's share price has been cut in half in the last 12 months,

CEO Les Moonvez spent last week saying he's actually bullish on the company's advertising prospects over next year. True, CBS was a distant third

during the much-watched coverage of the Democratic and Republican conventions. Quote,

we all wish the ratings were better, Moonvez acknowledged to broadcasting and cable,

adding ratings notwithstanding, we're doing a

terrific job.

Moonvez insists that the closeness of the race between Barack Obama and John McCain may

actually boost CBS's ad revenues.

Speaking at the annual Merrillinch Fall Media Preview last week, Moonvez was especially excited

about what McCain's pick of Sarah Palin for vice president would mean

...