CBS Chief Les Moonves Makes Subscriber Growth Case In Cord-Cutting Era

Read on: Deadline

After releasing¬†stellar first-quarter results, CBS Corp. execs told Wall Street analysts that the company is leveraging its traditional strength but also growing significantly in the direct-to-consumer arena. “In an era when others are concerned about losing subscribers due to cord-cutting and other factors, CBS Corp. is growing subscribers,” said chairman and CEO Leslie Moonves. “As people move place to place, they're not leaving CBS. They're just moving to different…