The rest of us may be worried but Les Moonves is playing his part, telling Wall Street that it's all good according to the Hollywood Reporter:
"We are prepared," CBS CEO Leslie Moonves said Thursday afternoon in a conference call to discuss earnings. "We have a full slate of new, first-run programming ready to go, both now and midseason.
Moonves added: "We're fully prepared to offer alternative programming options, and we would anticipate no material impact on the company for the remainder of the television season."
That's probably the reaction you would expect from a CEO but there is some truth to CBS being able to weather the storm. If the strike occurs (it hasn't yet), CBS is heavily, heavily aided by the fact that almost their entire lineup is procedurals like CSI, which do very well in repeats.
NBC and ABC, on the other hand can't expect much relief in the form of repeats as dramas like Heroes and Lost do miserably the second time around.
