“Leslie Moonves, the CEO of CBS, talked about its negotiations with Apple over its rumored upcoming TV service today at Code Conference,” Matthew Panzarino reports for TechCrunch.
Apple TV is trying to change the universe a bit… I think the age of the 200 channel universe is slowly dying. The average home has between 100 and 150 channels, but the average home is watching between 14 and 17 of these channels regularly. I think what Apple will offer… is a more select group for a lower price. We look at Apple TV… it’s an ongoing conversation — I met with [Apple media head] Eddy Cue last week to talk about it. — Les Moonves, CBS CEO
“Moonves did say that CBS would ‘probably’ sign up for the service, adding ‘we’re very excited about it,'” Panzarino reports. “The problem doesn’t appear to be technology. When Moonves asked what the holdup was he replied, simply, ‘money.'”
Read more, including Moonves’ thoughts regarding a possible acquisition of CBS by Apple, in the full article here.
Money changes everything. – Cyndi Lauper