Moonves projects $1 billion in interactive revenue

By Michael Gay 

On this morning’s CBS earnings call, paidContent reports that CEO Les Moonves praised the purchase of CNET. Moonves then went on to say, “The stated goal is to reach $1 billion in revenue in the next three years, from the mid-$600 million this year.” Also mentioned in the call was the deal between AOL and CBS Radio to merge their radio streaming efforts. According to Moonves, the deal has doubled radio streams. Personally, my favorite new app on my iPod Touch is the CBS/AOL radio live streaming. (Disclaimer: I worked at CBS for four years.)

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