Once again proving he can be counted on as a maverick voice for counterintuitive perspectives, CBS Corp. CEO Les Moonves says he supports smaller programming bundles.
"CBS will be part of every bundle," Moonves said Monday at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco, an event covered by the Hollywood Reporter and other media outlets. "A smaller bundle is a very good thing."
Moonves also continued to dismiss speculation that CBS will have to merge with another programming conglomerate to achieve the bargaining strength it needs in a consolidated pay-TV landscape. (He had already told CNBC last month that CBS is "happy being alone.")
"People can't live without CBS," Moonves said Monday. "We like the hand we're playing."
CBS will soon go it alone in several upcoming pay-TV carriage renewal talks. CBS is set to hit the bargaining table with DirecTV (NASDAQ: DTV) and Cablevision (NYSE: CVC) later this year.
For more:
- read this Hollywood Reporter story
Related links:
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