CBS Boss: We can live With or Without our Affiliates
If CBS affiliates are looking for a long and warm hug, they might not want to turn to CBS boss Les Moonves.
On an earning conference call, Moonves says that he hopes the CBS affils do well, but if they don't CBS could easily move on without them.
"The health of our affiliates is very important to us. However, we own almost 40% of country with our O&Os. I recently met with the FCC and I think by and large the FCC wants a healthy affiliate body. But if you look down road and say what if affiliates weren't able to perform, remember almost 90% of our viewers watch us on satellite, cable" and other non-affiliate platforms.
In other words, if the shit hits the fan, you're on your own guys.
Gulp!