Les Moonves

Moonves gets prodco deal in contract renewal

Les Moonves will remain as president and CEO of US broadcast group CBS Corp. until at least 2019, at which point he will have the option to launch an affiliated production company of this own. His prior contract was due to end in 2017, but has been extended to years to June 30, 2019, the […]

TV Guide Network rebranding as Pop next year

CBS Corp. and Lionsgate Entertainment network TV Guide Network is rebranding. The US cable net will become Pop next year, a network dedicated to “celebrating the fun of being a fan”. Launching in the first quarter of next year, Pop will have a line-up of more than 400 hours of “fan-fuelled” original programming, including the […]

NCIS: New Orleans ‘will make $5m per ep’

New CBS procedural NCIS: New Orleans is set to make the company “north of probably US$5 million an episode before the show even goes on the air” – not including advertising – largely thanks to international business. This follows a “huge international deal” for the show, CBS COO and principal financial officer Joseph Ianniello said […]

CBS ‘would sell content’ to Aereo

CBS’s CEO Les Mooves has said he would sell content to streaming service Aereo, which was soundly defeated by America’s broadcasters in court earlier last month. Moonves, who is one of Aereo’s largest critics, said CBS Corp. was “willing to talk” to the company about a licensing agreement, adding: “The door was open and is […]

CBS posts best ever full-year results

US broadcaster CBS has posted full-year revenue of US$15.28 billion, 6% higher than the 2013 total and its best ever yearly performance. CBS said the growth reflected increases in revenue across the board and that content licensing and distribution increased 15% year-on-year. Operating income before depreciation and amortisation rose 7% on 2012 to US$3.26 billion, […]

Analysis: OTT to the rescue…

…or how streaming services are saving TV series and allowing others to get made. Pay TV operators are living in fear of people dumping their services for streaming equivalents such as Netflix or Amazon/Lovefilm. Their concerns will not have been assuaged this year as both launched a raft of premium, original content that won plaudits, […]

CBS eyes international programme sales of $1.25bn

CBS will generate revenues of over US$1.25 billion from content sales in international markets this year, according to company CEO Les Moonves (pictured). Speaking to analysts in the wake of the company’s third quarter results, the CBS boss said the its international syndication business, managed by Armando Nunez’s CBS Studios International division, has expanded significantly […]

CBS, Time Warner end bitter carriage row

The month-long blackout of US broadcast network CBS on Time Warner Cable is over, after the pair agreed a new carriage agreement. The deal was struck just in time for the new NFL season to begin, as many had expected. As a result, CBS, plus other CBS Corp. channels such as Showtime, Smithsonian Channel and […]

CBS: Amazon, int’l sales key to Under the Dome profits

The streaming deal CBS scored with Amazon in February and international sales were key to pushing the broadcast network’s summer breakout hit Under the Dome into profit, its CEO has revealed. Les Moonves described the Stephen King-penned sci-fi series as a “brand new form of entertainment” for US summer broadcasting and claimed it would “bring […]

Netflix extends CBS licensing deal

Netflix has extended its multi-year licensing agreement with CBS Corp. and will now offer customers streaming access to series such as L.A. Complex, 4400 and CSI: NY. The streaming service already offers CBS-distributed programming including Jericho, Medium, Flashpoint, Star Trek and Twin Peaks. Licenses on these programmes have also extended. “We are very pleased to […]