CBS’ Les Moonves Surprised by Comcast-Time Warner Cable Deal

By Chris Ariens 

FaberMoonvesCNBC’s David Faber continues on the media beat today. In addition to his interview with his boss’s boss’s boss’s boss, Comcast CEO Brian Roberts, about the company’s proposed acquisition of Time Warner Cable, Faber just wrapped up an interview with CBS Corp. CEO Les Moonves.

“I think everybody was pretty surprised by what happened,” says Moonves about the Comcast-TWC deal.”Everybody thought they were in Sochi, and here they were making a huge deal.”

“We’re still looking at the ramifications but we have a wonderful relationship with all the terrific people at Comcast and if this goes through, we look forward to working with them.”

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Moonves came out on the winning end of a fight with Time Warner Cable last year. He was booked on CNBC to talk about CBS’s Q4 earnings report. CBS had revenue of $3.9 billion, up +6%.

“I think Comcast appreciates the value of our content and will pay appropriately for it,” Moonves says.

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