Showtime Without Cable? CBS Chief Moonves Says Streaming Service To Rival HBO Coming 'Soon'

March 11, 2015 4:43 PM

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Showtime Without Cable? CBS Chief Moonves Says Streaming Service To Rival HBO Coming 'Soon'

The cable bundle is bursting at the seams and one of TV’s biggest execs is finally ready to help it happen. Leslie Moonves, chief executive of CBS Corp., admitted Wednesday that “the floodgates are open” for over-the-top television and hinted that a direct-to-consumer version of Showtime will debut “in the not too distant future.” As Variety reported, the comments were made during a telecom investor conference in Palm Beach, Florida, in which the famously outspoken executive said CBS was in contract discussions with “the normal suspects.”

The comments came two days after Apple Inc. announced it will debut HBO’s new over-the-top service on April 12, allowing customers to watch popular shows like “Game of Thrones” and “Girls” without a cable subscription. As International Business Times reported exclusively last week, HBO’s new service...

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