CBS CEO Says CBS is the 8th Largest Internet Company, Has Little Need for Cable Channels


	CBS CEO Says CBS is the 8th Largest Internet Company, Has Little Need for Cable Channels

fuordigital

9-9-2008 10:49 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/48d07232-337a-4124-b0b6-3fd22b6cc80e/FC10CC12-8CBA-47F2-AF0B-A29481B52C97/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/" href="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/" style="font-size: 11px;">www.lostremote.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/"><H2><A href="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/">Moonves: We don’t need cable, we’ve got the ‘Net!</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/"><P class="info">
		<EM class="author"><A href="http://www.lostremote.com/?page_id=15">Don Day</A></EM>
   		<EM class="date">September 6th, 2008</EM>
   		   		</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.lostremote.com/2008/09/06/moonves-we-dont-need-cable-weve-got-the-net/"><P>CBS Corporation CEO Leslie Moonves appeared on CNBC Friday to talk about the company’s direction and future (<A href="http://www.cnbc.com/id/15840232?video=845129033&play=1">video link</A>). CBS doesn’t have a lot in the way of cable networks, with Showtime being its lone outlet (its former cable cousins split off into Viacom about two years ago). Moonves says he doesn’t need a big bundle of cable channels like NBCU has - instead he thinks the Internet is the way to go. He notes that CBS is now the 8th largest Internet company in the world, and says the CNET deal will be a big boon to his company, and there will be tight integration with CBS Interactive.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FC10CC12-8CBA-47F2-AF0B-A29481B52C97/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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