Friday, November 4, 2016

Moonves: CBS News Broadcasts "Thrive"

On the analyst's conference call Thursday, CEO Les Moonves talked-up CBS News and CBS-All Access:
"At CBS News, our broadcasts have thrived during this election season thanks to our hard news profile and original reporting. CBS Evening News has now had six consecutive years of viewer increases, and CBS This Morning is delivering its best audience in nearly three decades. And we're number one on Sunday as well where we recently completed a seamless transition with Jane Pauley stepping in for the retiring Charlie Osgood at CBS Sunday Morning. We're also pleased that during the quarter CBS News was awarded more Emmys than any competing broadcast or cable outlet.
And also thanks to our political coverage, our digital news network, CBSN turned in an all-time high of 60 million streams in the third quarter, and the momentum has continued, including another weekly stream letter during the last Presidential debate two weeks ago. So, once again, we're growing our audience by delivering our content in the way that viewers want it.
"This is also the case at CBS All Access, our subscription streaming service. During the quarter, we launched an ad-free version of All Access for $9.99 a month, and we also launched our first original program with Big Brother: Over the Top. As a result, CBS All Access continues its steady climb in subscribers with more to come in the first half of next year. With the February debut of The Good Fight, the recently titled spin-off of The Good Wife, and the May premiere of Star Trek: Discovery. This has been an exciting beginning for CBS All Access, and we look forward to growing this revenue stream for years to come."

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