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TBI Weekly: CBS Corporation’s year of change

Who would have thought during this year’s Upfronts that as CBS chief Leslie Moonves presented the company’s upcoming slate to a standing ovation, he would be the biggest cause for controversy in the company today?

The media giant has, after all, been a remarkably steady company partly due to the chairman and CEO supporting the company for near 30 years. It has had stable earnings year-after-year, while remaining one of the most-watched US networks despite increased competition.

But, with increased pressure to consolidate and keep up with major mergers, sexual harassment claims aimed at its popular leader, and an entire company culture coming into question in the context of the #MeToo movement, it’s safe to say that we’re seeing markers of change for this company too.

Here are some key markers we have seen so far:

The company has also been successful in many ways this year, from launching popular streaming titles such as Star Trek: Discovery, to rolling out its  popular CBS All Access streaming service internationally. So while there may be great change to come, the person or team that ultimately controls the company will have a valuable asset in their hands.

Also in the news…

  • Viasat World has added Epic Drama to A1 Bulgaria, where subscribers will have access to titles such as Beowulf: Return to the Shieldlands, The Tudors and Bletchley Circle
  • Sundance Now, AMC Network’s SVOD service, has struck a pre-sale deal with DRG for The Cry
  • BES Animation and Network Seven, have paired to give hit children’s show Kitty is Not a Cat a further broadcast window on the Australian free-to-air digital channel 7flix
  • Sony Pictures Television, in partnership with the United Nations Foundation, has announced Vinamra Pancharia, from India, as the global winner of the Picture This Festival for the Planet

The week’s top TBI stories…