[opendtv] Moonves Won’t Reveal Numbers for All Access | Broadcasting & Cable

  • From: Craig Birkmaier <craig@xxxxxxxxxxxxx>
  • To: OpenDTV Mail List <opendtv@xxxxxxxxxxxxx>
  • Date: Wed, 10 Dec 2014 09:28:04 -0500

http://www.broadcastingcable.com/news/currency/moonves-won-t-reveal-numbers-all-access/136247

Moonves Won’t Reveal Numbers for All Access

CBS’ normally talkative CEO Les Moonves declined to say how many people have 
subscribed to the company’s over-the-top service.

Speaking at the 42d annual UBS media conference on Tuesday, Moonves would say 
only that CBS All Access was “ahead of projections,” but acknowledged that 
could mean as few as 10 subscribers.

“I’ve been extremely impressed with the product,” he said, adding that its 
subscriber base would grow as more affiliates sign up to provide a live feed of 
their stations’ programming over broadband. He added that the price of the 
service could change when CBS’ NFL games are added. He also said other content 
providers had inquired about making their programming part of the package.

Pressed for a hard number of subscribers, Moonves replied, “When Netflix tells 
you how many people are watching House of Cards, we’ll tell you how many 
subscribers we have.”

Moonves was also pleased with another new digital product CBSN, the online news 
channel. He noted that viewership went up when the Ferguson, Mo., story broke.

The goal with All Access — as well as a Showtime over-the-top service to be 
introduced next year — is for CBS to be prepared for the future. But Moonves 
said that CBS didn’t want to go around the cable operators and other 
distributors it currently works with.

“We’re going to the broadband homes directly. The broadband homes exist whether 
we have all access or not. It's not to circumvent a Dish when you go dark on 
them,” he said. Moonves noted that the CBS blackout on Dish Network ended just 
before the SEC Championship game was to be broadcast, illustrating the power of 
football. Dish Chairman Charlie Ergen went to an SEC school, he added. “If 
Tennessee was in the finals we could have gotten another time.

Moonves was bullish on CBS’ performance so far this season. He said that after 
a slow summer for the ad market, CBS was doing extremely well in scatter. “With 
the ratings we’re getting we have no trouble selling inventory,” he said.

CBS’s chief research officer David Poltrack told the conference on Monday that 
the broadcasters would have limited growth this year. But Moonves said that 
“all networks are not created equal” and that most of that growth would come to 
CBS, as opposed to NBC, which had the Olympics last year.

Moonves said CBS would also have growth in late night next year after David 
Letterman retires. Letterman owned the shows CBS aired in late night, which 
limited CBS’s financial return. The network will own the new late night show 
hosted by Stephen Colbert, who is also big online. “The cost will be less. 
Colbert’s a rookie, but a well proven one.”

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