Moonves: 'A smaller bundle is a very good thing'

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:
CBS open to selling spectrum in 600 MHz incentive auction, might fetch $2B
Moonves declares C7 the dominant ratings metric, predicts 2016 Super Bowl will net $5M a spot
Moonves on CBSN: 'We call it the Cable Bypass News Channel'

Suggested Articles

Dish Media is partnering with Comcast’s FreeWheel to use a new ad technology covering traditional demo-based and addressable linear TV.

Comcast is partnering with wearable technology startup NuEyes to offer Xfinity Stream to visually impaired customers through NuEyes' VR technology.

CuriosityStream, a subscription video service specializing in science and nature series and films, said it now has 10.5 million paying subscribers.