CBS at 87 Plunges Into Web-TV With Sony, 24-Hour News

November 6, 2014 6:40 AM

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CBS Corp. (CBS:US), the 87-year-old broadcaster, is embracing online television with the gusto of a tween.

Today, the company starts a 24-hour online news channel, CBSN. Yesterday, Chief Executive Officer Leslie Moonves said he’ll supply Sony Corp. (6758) with programs for a Web-only TV service. And last month CBS All Access made its debut, offering the most-watched television network online for $5.99 a ...

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