CBS Working On 24/7 Digital News Network

Les Moonves

CBS Corp Chairman and CEO Leslie Moonves is working on a 24-hour digital news network.

Moonves announced Thursday, via an interview with Bloomberg Television, that he plans to launch a 24-hour digital news network, bypassing cable.

“Wouldn’t it be a good idea to do a 24-hour digital channel taking all the resources that CBS News has … all over the world?” he asked, rhetorically. “There is so much information that we get every day that doesn’t fit into a 22-minute newscast at 6:30 or CBS This Morning. We can go direct digital. So that’s in the early stages, under the tutelage of David Rhodes, the President of CBS News, and it’s an exciting alternative to cable news.”