https://www.cnbc.com/2017/09/14/cbs-ceo-cord-cutters-going-to-40-channel-skinny-bundles-and-online.html

CBS Chairman and CEO Leslie Moonves said Thursday that Disney's new streaming service will "probably" be a success.

"Disney has great product, and once again as you look into the universe, Disney said, 'OK, they don't want to be a part of the Netflix universe.' They wanted to do it themselves. It's something we decided to do a few years ago," Moonves said in an interview on CNBC's "Squawk on the Street."