If the advertising model does come down slightly in the future, I think there's available resources to get the money back in other ways.
More Quotes from Leslie Moonves:
There was a general feeling that we needed a new vision, just a new way of looking at the news division.Leslie Moonves
Everybody's basically putting their toe in the water. We're all aware how hugely significant this is going to become both culturally and financially in the next couple of years.
Leslie Moonves
We're very happy with the hand we are playing now. We are not looking for an acquisition of that size.
Leslie Moonves
Clearly there's a need for a different vision for CBS News. Obviously the evening news is one issue that has sort of been on hold for a while.
Leslie Moonves
They say 40 percent of the revenue from network television is on Thursday night, so we're talking about hundreds and hundreds and hundreds of millions at stake, ... Not to be accused of being cruel here, but Joey' is down 59 percent from Friends' in advertiser-coveted viewers ages 18-to-49. . . . 59 percent. OK
Leslie Moonves
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