Les Moonves Says Cable Operators Should Pay Up For Popular Networks: UBS Confab

The CBS chief flipped the argument that Time Warner Cable CEO Glenn Britt made yesterday when he said that he may drop pricey cable channels that generate hash-mark ratings. “That means for the channels that are getting viewers, he’s going to pay more,” Les Moonves told the UBS Global Media and Communications Conference today. “He should pay the most for the guy who’s the No. 1 network.” Moonves milked the laughs: “We’re going in next year for $7” per month per subscriber. Although he acknowledged that he’s joking, he added that “it’s bugged us that cable channels showing reruns of our shows were getting paid more” than CBS was for its first-run programming.

Moonves kept things light, referring at one point to actor Angus T. Jones as “that kid on Two And A Half Men who’s getting paid $300,000 per episode to talk bad about me.” Jones recently called on people to stop watching the show due to its “filth.” (more…)

This article was printed from https://deadline.com/2012/12/cbs-les-moonves-pay-tv-fees-advertising-382327/