Showtime Gets Set To Follow In HBO's Footsteps With Online Streaming Service
CBS chief Leslie Moonves has told investors at a conference Showtime will soon launch an OTT service.
Showtime looks set to follow HBO into the world of online streaming, by soon offering customers a package similar to the newly announced HBO Now service. The news was announced by Leslie Moonves, the chief of Showtime's parent company CBS who told investors at a conference in Palm Beach, “the days of the 500 channel universe are over.”
Leslie Moonves and his wife Julie Chen
According to Deadline, Moonves said the channel would announce a service “in the not-too-distant future,” and added he’s been having conversations with “the normal suspects” including cable and satellite distributors who were initially skeptical.
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