CBS CEO Les Moonves shoots down rumors the company is interested in buying TV Guide Channel...

|About: CBS Corporation (CBS)|By:, SA News Editor
CBS CEO Les Moonves shoots down rumors the company is interested in buying TV Guide Channel (LFG), saying "the economics of buying a cable network ... don't really make sense." He also predicts the launching of more subscription VOD services this year. "Where Comcast goes, Time Warner will probably go."