Just one day after HBO announced it has launched a standalone online streaming service, it looks like CBS is ready to join the online subscription fun. The CBS All Access offering costs $5.99 per month and provides access to live television programming along with current and past on demand content - with no TV subscription required.
Content providers and broadcasters have found many users are interested in watching content online - whenever they want to - without paying for pricey cable or satellite subscriptions. CBS also plans to launch a standalone digital news content service on October 28.
"Everybody is talking about it," said Leslie Moonves, CBS Corporation CEO, in an interview. "It is an important part of our future. Our job is to do the best content we can and let people enjoy it in whatever way they want. The world is heading in that direction."