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Actionable news in CBS: CBS CORPORATION CLASS B,

CBS expands streaming services as earnings beat expectations

(Reuters) - CBS Corp is taking its streaming service abroad and launching an online sports service to appeal to the growing number of viewers who prefer to watch their favorite shows online, executives said on Monday.

CBS, owner of the most-watched U.S. TV network, will launch its CBS All Access service internationally in the first half of next year, starting in Canada, the company said as part of second-quarter earnings.

The New York-based broadcaster is also planning to launch an online streaming sports service, which is yet to be named, announced CBS CEO Leslie Moonves on a post-earnings call. CBS shares rose 0.73 percent in extended trading.

CBS said it will have more than 4 million streaming subscribers between All Access and its Showtime streaming service...


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