CBS Chief recently attended a Q&A session at the Goldman Sachs Communacopia investor conference in which he gave some additional information regarding Star Trek Discovery and the Netflix deal.
CBS head honcho Leslie Moonves recently attended the Goldman Sachs Communacopia investor conference at which he gave some of his thoughts surrounding the deal with Netflix for the international rights to the Star Trek cannon that will include next years Discovery series.
Speaking about Netflix Mr. Moonves stated that they have helped add value to premium content sold to the international market and the deal they have in place ensures that the next series of Star Trek will be completely funded before the cameras role. Here is what he had to say:
"This has changed the world tremendously. We’re big fans of Netflix. We don’t think they’re eating the world or trying to put us out of business. They’ve made the entire world much more competitive and driven up the price of premium content a great deal."
The deal agreed with Netflix which includes the rights to show all the Star Trek TV shows that have been made to date means that the cash is already available to CBS for the production of Discovery which is great news for the show as traditionally Star Trek has had a reputation of low budgets or money problems. Mr. Moonves went on to say:
"I go to bed at night a lot happier knowing that ‘Star Trek’ is 100 percent paid for before it goes on our All Access service"
Once the show premiers on CBS All Access that will mean that that the added subscriptions from that service alongside the deal with Netflix will ensure a constant stream of income, not just for Star Trek but other original content as well. It seems a great set up to me and just goes to prove that there can be a coexistence between VOD services and traditional network broadcasters.
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