• September 25.2008

US: Leslie Moonves delighted to contribute to the death of newspapers

Posted by Lauren Drablier on September 24, 2008 at 3:25 PM
In a recent interview, president of CBS, Leslie Moonves, said the recent purchase of CNET will allow "CBS to become a major player in the digital realm."  He went on to say that he is delighted that his company will contribute to the death of the daily newspaper.

"One of the advantages of the Internet is we're taking money away from the newspapers," Moonves stated.

Moonves sees the purchase a means to move away from being "an old media company" and wants the company to become a one stop shop for news and information.

Sources: Wired via Media Bistro

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