Google signs CBS, in talks with others on web TV: sources

Alphabet Inc unit Google has reached an agreement with CBS Corp to carry the network on its planned web TV service and is in advanced talks with 21st Century Fox and Viacom Inc to distribute its channels, three sources told Reuters on Wednesday.

The service, which will be part of Google’s YouTube Platform, is expected to launch in the first quarter and will include all of CBS’ content, including live NFL games, one of the sources said.

Google’s so-called “skinny bundle,” with fewer channels than a typical cable subscription, will cost $30 to $40 a month, the source said. It was unclear which Fox and Viacom networks would be part of the Google service, two of the sources said.

The sources requested anonymity because the discussions are confidential. A spokesperson for YouTube declined to comment.

Google will be launching into an increasingly crowded market. Dish Network Corp and Sony Corp, which in the past year have launched skinny bundles to appeal to younger viewers who do not want to pay for cable.

And both AT&T Inc and Hulu, the online video service owned by Disney, Fox, Comcast Corp and Time Warner Inc, have streaming television offerings that are expected to go live in the next few months.

The Wall Street Journal, which first reported the news, said Google was also in advanced talks with Walt Disney Co.

A representative at Disney was not immediately available for comment. CBS, Viacom and Fox declined to comment.

Google has been talking to media companies about its web TV for years, but its plans have just ramped up over the past few months, one of the sources said. Apple Inc had looked at a similar service but has shelved that plan for the time being, sources had previously told Reuters.

Shares of CBS, Viacom and Fox rose to fresh session highs on the latest news before they pared gains. Shares of Twenty-First Century Fox ended up 16 cents at $25.12, Viacom rose 23 cents to $36.37, and CBS closed up 0.8 percent at $55.53.

Related Posts
Angolan President’s daughter considers Telecel takeover
Angolan President’s Eduardo dos Santos’ multibillionaire daughter Isabel is reportedly interested in taking over telecoms giant Telecel as it emerges political bigwigs are pushing for the ouster of Telecel Zimbabwe ...
READ MORE
North Korea blames U.S. for Internet outages, calls Obama ‘monkey’
SEOUL - North Korea called U.S. President Barack Obama a "monkey" and blamed Washington on Saturday for Internet outages it has experienced during a confrontation with the United States over ...
READ MORE
You’ve been served: Lawsuits can now be delivered over Twitter
Serving up a lawsuit is about to be given a technological twist after a US judge ruled that Twitter can be used to deliver a service of process, which is ...
READ MORE
It’s Official: Google Says It Wants To Offer Cellular Service
A top Google exec has confirmed what many have been speculating for months: That the search giant wants to start offering wireless service. Google isn't necessarily looking to become the next ...
READ MORE
Zimbabwe regime brands social media users as ‘cyber terrorists’ and reiterates threats
Zimbabwe's government has threatened to crack down on social media activists it brands as "cyber-terrorists" as protest movement leaders continue to encourage users to vent their frustrations over the nation's ...
READ MORE
DJ1 Phantom Quadcopter Drone in flight - September 2014 Photo by: Paul Mayall/picture-alliance/dpa/AP Images
SAN FRANCISCO - Facebook Inc said on Thursday it had completed a successful test flight of a solar-powered drone that it hopes will help it extend internet connectivity to every ...
READ MORE
A logo of Twitter is pictured next to the logo of Facebook in this September 23, 2014 illustration photo in Sarajevo.  REUTERS/Dado Ruvic/Files
SAN FRANCISCO - Facebook, Google and Twitter are stepping up efforts to combat online propaganda and recruiting by Islamic militants, but the Internet companies are doing it quietly to avoid ...
READ MORE
Google search gives Twitter a boost
THE appearance on Tuesday of tweets in Google’s search results could mark a significant step for Twitter, which is in a constant battle to educate the masses about the value ...
READ MORE
China’s Huawei backs Apple in fight over encryption
BARCELONA - China's Huawei said it backed Apple's chief executive Tim Cook in his stand-off with the United States government over breaking into an iPhone, but stopped short of saying ...
READ MORE
Obama seeks $14 billion to boost U.S. cybersecurity defenses
WASHINGTON - President Barack Obama's budget proposal for the 2016 fiscal year seeks $14 billion (9 billion pounds) for cybersecurity efforts across the U.S. government to better protect federal and ...
READ MORE
Angolan President’s daughter considers Telecel takeover
North Korea blames U.S. for Internet outages, calls
You’ve been served: Lawsuits can now be delivered
It’s Official: Google Says It Wants To Offer
Zimbabwe regime brands social media users as ‘cyber
Facebook’s solar-powered internet drone takes flight
Social media companies step up battle against militant
Google search gives Twitter a boost
China’s Huawei backs Apple in fight over encryption
Obama seeks $14 billion to boost U.S. cybersecurity

Arts & Entertainment

Arts & Entertainment

Rihanna reacts to Beyonce Grammys rivalry: ‘Stop putting black women against each other’

8th December 2016 Staff Reporter 0

Pop superstars Rihanna and Beyonce will not be giving each other fierce stares at the Grammys 2017. After being accused of aiming barbs at queen Bey on social media, RiRi has denied claims of a […]

Arts & Entertainment

Kim Kardashian ‘planning to divorce Kanye West’ according to reports

7th December 2016 Staff Reporter 0

Kim Kardashian West is reportedly considering divorcing her rapper husband Kanye West. Rumours are circulating suggesting that the reality star is contemplating ending her two-and-a-half-year marriage after feeling “trapped” in her relationship. According to Us […]

Arts & Entertainment

Johnny Depp, Will Smith, George Clooney on ‘overpaid’ Forbes list

7th December 2016 Staff Reporter 0

Johnny Depp and Will Smith topped a list on Wednesday of Hollywood’s most overpaid actors, an illustration that star power does not always bring in dollars at the movie box-office. Fan favorite George Clooney also […]