CBS CEO Les Moonves is the loser as Viacom teams with major studios Lionsgate, MGM and Paramount Pictures to create a premium TV network and video-on-demand service to launch in the fall of 2009, the Website Deadline Hollywood Daily says. The studios join Viacom after their contract renewal discussions with CBS’s Showtime were unsuccessful. Viacom, parent of Paramount, and CBS are both controlled by Sumner Redstone, adding to the intrigue.
Moonves Loser in New Channel Deal
Apr 21, 2008 • Post A Comment