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CBS CEO Moonves notes Apple talks have stopped

Last updated: May 16, 2021 2:50 pm UTC
By Jesse Hollington

Les Moonves, CEO of CBS, has noted that his company’s talks with Apple have basically stopped, CNN Money reports. While Moonves was cautiously optimistic about making a deal with Apple back in October, he now tells CNN Money that those talks have ceased, at least for the time being, stating that although CBS had conversations with Apple “awhile back” his company hasn’t “had any recent conversations with them” although he notes that many other new digital companies are eager to partner with CBS and other content makers.

Asked whether he believed that Apple will enter the marketplace with its streaming TV service this year, Moonves’ response was “You’ll have to ask Apple that. I don’t know that,” supporting recent reports that suggest Apple has been frustrated at a lack of progress in dealing with content providers, and may in fact be looking to develop exclusive content instead.

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