Neal Mohan, chief product office at YouTube, said he's more interested in creating content for the subscription service that its core viewers want to see than emphasizing growing subscriptions.
Jeff Bewkes described the deal as a means of making all of his company's networks, and eventually all of television, more like HBO. And AT&T's head made a similar argument.
Stock picking is becoming more challenging as the groups with the strongest recent momentum start to fade; I'm eyeing silver and semis.
CBS is working to build up its subscription service, even as the company's network TV programming sees top ratings.