CBS Corp. and Discovery Communications have confirmed in their separate third-quarter earnings reports that their programming has been licensed by Sony for the launch of the Japanese conglomerate's upcoming virtual pay-TV service.
Services like Sony's upcoming over-the-top platform "will help expand the universe of opportunities for companies like CBS that make the best programming," said Les Moonves, CBS CEO, during his company's conference call with investors Wednesday. "More deals along these lines are coming soon," he added.
A Sony representative confirmed both the CBS and Discovery deals, noting that more details will be offered up at a later date.
Sony has already signed a deal to bring Viacom to the service, which according to the New York Post will be priced at around $80 per month.
Separately, Moonves confirmed that CBS that it has launched a 24-hour streaming news service, CBSN, through its news division.
The new platform is accessible via CBSNews.com and its mobile website on devices including Roku and Amazon (NASDAQ: AMZN) Fire TV, with support for Android coming later this year.
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Rumor mill: Sony's new pay-TV service to be priced at around $80 per month