CBS Chairman and CEO Les Moonves isn’t concerned with the wave of cord-cutting that is inflicting serious pain on many cable channel owners and providers. He’s cashing in on it — and putting one of TV’s iconic shows on CBS’ over-the-top streaming service, CBS All Access.
On CBS’ third-quarter earnings call Thursday afternoon, Moonves revealed that a “Twilight Zone” reboot will be aired exclusively on All Access.
“Where others worry about cord cutters, we don’t,” Moonves said on the call. “Where others are losing subs to cord cutters, we’re growing.”
CBS embraced TV’s streaming future early on, launching CBS All Access in 2014 as well as a Showtime-branded streaming service the following year.