Moonves: CBS, Showtime Have 2 Million Total OTT Subs
For the first time, CBS has disclosed how many subscribers it has for its over-the-top offerings.
CBS CEO Les Moonves, speaking on the company's earnings call Thursday afternoon, said the company has surpassed 2 million subscribers for CBS All Access and Showtime's OTT product. He said the subs are evenly split between the two services.
That number is "well ahead of where we thought we'd be," Moonves said.
CBS All Access will feature a new Star Trek series, and Moonves said that with SVOD licensing agreements, that series will be profitable even before it airs.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.