CBS Predicts 8 Million Subscribers for CBS All Access and Showtime Streaming Services by 2020

CBS chief operating officer Joseph Ianniello walked analysts through his projection on Tuesday afternoon during the Eye’s investor-day presentation in New York. Ianniello told the Wall Streeters that the OTT services represent an $800 million incremental revenue growth opportunity for the company over the next five years. […] Ianniello said the five-year projections were rooted in the size of the potential market for the services and the growth trajectory of Netflix, Amazon and Hulu during the past few years. – Cynthia Littleton, Variety http://ift.tt/1puryyO
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