×
You will be redirected back to your article in seconds

CBS All Access, Showtime OTT to Top 4 Million Subscribers, Expand Internationally and Add Sports Channel

CBS Corp. is moving fast in the streaming channel arena, with plans to expand CBS All Access to Canada and other international markets by next year.

CBS is also working on the launch of a streaming sports channel patterned after its CBSN digital news service. The movement in the OTT market comes as CBS All Access and the Showtime standalone service are poised to exceed 4 million subscribers in total by the end of this year, CBS Corp. chief Leslie Moonves told investors on Monday.

“There is a huge opportunity for CBS to go direct-to-consumer on a much bigger scale worldwide,” Moonves said during CBS Corp.’s second quarter earnings call. Moonves noted that the projected 4 million total OTT subs puts the company well on its way to meeting its goal of 8 million total OTT subscribers by 2020 as the Eye spelled out to investors in early 2016.

“We’re more than halfway to our goal for 2020, which is obviously quite conservative now,” Moonves said.

Moonves said CBS All Access would be available in Canada by the first half of 2018 and would expand to more countries on multiple continents. “We will add content from across our corporate portfolio to make our service more and more attractive,” he said.

The sports channel is in the early stages of development and doesn’t yet have a name. The success of the CBSN news channel has given CBS the confidence to move forward with a sports outlet, leveraging the value of CBS’ existing sports operations just as CBSN has allowed the company to make the most of its investment in news. Moonves said CBSN was also being added as a standalone channel in some emerging skinny bundle offerings.

Those virtual MVPD offerings are beginning to contribute to CBS’ revenue base “in a meaningful way,” Moonves said. “Clearly there is a lot of upside here.” Earlier today, CBS announced a carriage pact with AT&T’s DirecTV Now.

CBS is sparing no opportunity to drive new OTT subscribers because those subs are more valuable overall to the company than traditional MVPDs. Showtime will make its highly anticipated Aug. 26 pay-per-view fight between Floyd Mayweather and Conor McGregor available for purchase via streaming even for those who don’t already subscribe to Showtime. Those who buy the bout will get a free trial to the Showtime OTT service, which should help drive a subscriber boost, Moonves said.

The return of “Twin Peaks” has also been a boon to Showtime, becoming the premium channel’s most-streamed program ever.

Moonves reiterated that the decision to relaunch the “Star Trek” franchise on CBS All Access rather than on the CBS network or Showtime, or even to sell it to Netflix in the U.S., was a calculated decision to grow the mothership OTT service. “Star Trek: Discovery,” the first new TV series in the “Trek” canon in 11 years, is set to bow Sept. 24.

“We determined that ‘Star Trek’ will be far better for All Access and will earn us more money,” Moonves said.

More TV

  • adidas game of thrones

    5 New 'Game of Thrones' Collaborations Coming in Time for the Final Season

    Some of the biggest lifestyle brands in the world are jumping on the “Game of Thrones” bandwagon this spring, hoping to capitalize on the fandom and popularity of the HBO hit, as it enters its eighth and final season. From sneakers to spirits, these officially-licensed collaborations extend the characters and colors of the show beyond [...]

  • Nicole Richie

    Nicole Richie Joins Fox Comedy Pilot 'Richard Lovely'

    Nicole Richie has been cast in a series regular role in the Fox single-cam comedy pilot “Richard Lovely.” The project follows Richard Lovely (Thomas Lennon), the disgruntled author of the best-selling children’s book series, “Mr. Mouse.” He doesn’t hate children, but rather just everything about them. After a publicity fiasco involving an unexpectedly savvy 9-year-old [...]

  • Lachlan Murdoch

    New Fox CEO Lachlan Murdoch Announces All Employees to Receive Stock in Company

    The new standalone entity Fox Corp. held a town hall on Thursday, just over a day after the official closing of the 21st Century Fox-Disney merger. Fox Corp. chairman and CEO Lachlan Murdoch led the meeting, at which sources say he announced that all employees would receive stock in the new company. The amount of [...]

  • Deadwood

    'Deadwood' Movie Drops First Trailer, Premiere Date

    HBO is taking fans back to Deadwood. Nearly 13 years after the hit Western series ended, HBO Films has released the first look at “Deadwood: The Movie.” The film will premiere on the network on May 31. Series regulars Ian McShane, Timothy Olyphant, Molly Parker and John Hawkes will reprise their roles in the film, [...]

  • Jeaninne Pirro

    Fox News Will Keep Jeanine Pirro Off Schedule for Another Week

    “Justice With Judge Jeanine,” the Saturday-night opinion show led by Jeanine Pirro, will be off the Fox News schedule for a second week in the wake of remarks she made about a Muslim congresswoman. The network’s online schedule shows that it will run another repeat of the documentary series “Scandalous” in its place Saturday night [...]

  • Drew Goddard

    Drew Goddard Inks Exclusive Overall Deal With 20th Century Fox TV

    Writer, director and producer Drew Goddard has signed an exclusive, multiyear overall deal with 20th Century Fox Television, under which he will write, create, direct and develop new TV series for the studio across all platforms. Goddard’s deal, announced by Disney Television Studios and ABC Entertainment chairman Dana Walden, is the first to close since [...]

More From Our Brands

Access exclusive content