Subscription VOD market potential entices top CBS exec

03/1/2012 | Home Media Magazine

Comcast's Xfinity Streampix and other subscription video-on-demand services represent a highly profitable potential market for providers of video content, according to Les Moonves, CEO of CBS. "The Netflixes of the world are bringing us hundreds of millions of dollars per year for streaming our library content," Moonves said Wednesday at a conference in Palm Beach, Fla. "That's a very good thing."

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