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Les Moonves Confirms CBS is Developing Digital News Channel; David Rhodes Oversees

cbsnews304CBS is in the “early stages” of developing a 24-hour digital news network, CBS Corp. CEO Les Moonves says. Appearing on Bloomberg today, Moonves told Trish Regan the digital channel will be “an exciting alternative to cable news.” BuzzFeed first reported in October that CBS was considering the idea of an all-news network.

“With all the content going digital right now, wouldn’t it be a good idea to do a 24-hour digital channel taking all the resources that CBS News has…all over the world. And there is so much information that we get every day that doesn’t fit into a 22-minute newscast at 6:30 or ‘CBS This Morning.’ So we can do that.”

CBS News president David Rhodes, who is a veteran of Fox News and Bloomberg TV, is heading up the effort.

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