CBS Said to Consider Use of CNN in Reporting

What You Should Have Read, April 8, 2008

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CBS Said to Consider Use of CNN in Reporting

The New York Times reports that CBS is in discussions with Time Warner about a deal to outsource some of its news-gathering operations to CNN, two executives briefed on the matter said Monday. Over the last decade, CNN has held intermittent talks with both ABC News and CBS News about various joint ventures. But during the last several months, talks with CBS have been revived and lately intensified. Broadly speaking, the executives described conversations about reducing CBS's news-gathering capacity while keeping its frontline personalities, like Katie Couric, the CBS Evening News anchor, and paying a fee to CNN to buy the cable network's news feeds. But, these people cautioned, no deal was imminent, and a CBS spokeswoman said "no arrangements were being negotiated."
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