Skip to comments.CBS CEO Les Moonves Talks Candidly About the Future of Broadcast News, Katie Couricís Contract
Posted on 10/06/2010 4:27:16 PM PDT by Beaten Valve
CBS CEO Les Moonves spoke at the University of Texas Monday, where he accepted an award and addressed students.
While there, he commented candidly on the future of broadcast journalism, and the nightly newscasts in particular.
Among other things, Moonves said that the format of the nightly evening newscasts needs to changeand it will happen sooner rather than later.
He said that he could see the evening newscasts structured more like ABCs Nightline, with an in-depth look at one or two subjects, or like the Sunday morning shows, with a round-table of panelists.
Why change them? It is too expensive to support the newscasts as it stands now, and by the time 6:30 PM rolls around, potential viewers already know the days news.
People are getting the news elsewhere, he said. When there were only three networks, you did have that public service component, where we were informing America. Now, there is nothing that Katie Couric is saying that everybody doesnt know already.
He also talked about Courics nearly $40 million contract:
The Katie Couric deal will be the last big deal of that kind ever done.
Those days are over, because the news no longer generates the kind of revenue or success thats worth doing [those contracts].
“Now, there is nothing that Katie Couric is saying that everybody doesnt know already.
Well we know she is a liar and slants the news. Good riddance.
I think a man in her position that had the same ratings she has would have been fired long ago.
Some of my greatest laughs is Rush playing word for word what these clowns repeat.
There is plenty of money for a real nightly news, Just report it for real.
F/U Les, You have pretty much wrecked every thing you have touched.
You have done for CBS what zer0 is doing to the Country
Les Moonves went to my high school years ago. The thing is I’m pretty sure he went there before the junior high was built and as a result he had what we called split sessions.
I remember thinking how can a high school only have half days? They actually shared time with the junior high. And obviously very successful people had that schedule.
It was a beautiful high school. It’s art deco auditorium is a treasure.
on broadcast TV. Radio generates such in a Rush!
Another derivative will follow.
Count on it.
They are just finding out? Most of us knew that when Couric was signed.