CBS’ Leslie Moonves Touts Broadcast Model’s Visibility & Back-End In Battle For Talent With Deep-Pocketed SVOD Players

Read on: Deadline

As Silicon Valley continues its quest to conquer television — with companies such as Netflix, Amazon, Apple, Google/YouTube and Facebook spending billions of dollars on original content, driving up prices — how does traditional media company like CBS compete? The question came up during CBS Corp.’s quarterly earnings call today. While CBS Corp. CEO Leslie Moonves acknowledged the issue with comments including “There is a lot more competition out there” and “The cost of…