Moonves Shoots Down #Viacom #Merger #Rumors, Again, at #CBS Annual Meeting

“No company in better position to benefit from a dynamic shifting marketplace than CBS,” Moonves said during his state-of-the-company presentation. He emphasized the growing number of shows that CBS owns outright that are airing on the Eye, Showtime and CW — an important factor for the bottom line as content licensing becomes an increasingly important driver of earnings.

“In the last 12 months we have put more new owned shows on CBS, Showtime and CW than ever before. They will pay off for years to come,” he said.”

OF COURSE THEY WILL, THAT WAS THE PLAN… via VARIETY… http://variety.com/2015/biz/news/leslie-moonves-cbs-viacom-merger-sumner-redstone-1201502471/

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